Sinai Technologies, a San Francisco, CA-based provider of a decarbonization Intelligence platform for reducing carbon emissions, raised $22M in Series A funding.
The round was led by Energize Ventures, with participation form Stardust Equity, HighSage, Obvious Ventures, Valo Ventures, Afore, High Alpha, Presidio Ventures, NEC Translink Capital, and Singtel Innov8. Energize Ventures Principal Eileen Waris, joined Sinai’s board of directors.
The company, which has raised $37m in total funding to date, intends to use the funds to accelerate the development of its platform by adding analytical capabilities for customers to manipulate data, share it, and take action, and expand internationally. The software accurately aggregates emissions data from an organization’s operations, models the most cost-effective ways to reduce emissions, and aids collaboration across complex value chains.
Led by CEO Maria Fujihara, Sinai provides a decarbonization Intelligence platform for organizations to build decarbonization strategies, enabling carbon emission measurement, reporting, mitigation and scenario analysis. The company, which is US based and launched in North America, now has customers from 20+ industries and users in 60+ countries spanning Europe, Asia and Latin America.
FinSMEs
27/09/2022