Sinai Technologies, a San Francisco, CA-based decarbonization software platform for companies to adopt the most feasible mitigation solutions to meet the Paris Agreement 2020 goals, raised $3.8m in seed funding round.
The round was led by Afore Capital with participation from Abstract Ventures, Coelius Capital and the founders of Eventbrite and PlanGrid, among others.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Maria Fujihara and CTO Alain Rodriguez, Sinai provides cloud decarbonization software platform for carbon-intensive enterprises to build their climate strategy, price carbon emissions and find the most cost-effective way to achieve emissions reductions targets in a collaborative way across distributed teams.
The decarbonization software platform enables its customers to monitor, understand and evaluate carbon emissions with a complete picture, including:
- Baseline projections
- Carbon inventories
- Carbon targets and pricing
- Mitigation and adaptation options assessment tools
Customers include Siemens Brasil, ArcelorMittal Brasil, and Brazil’s BRK Ambiental, among others.