Sinai Technologies, a San Francisco, CA-based decarbonization platform, closed a $10M seed funding.
The raise was led by Obvious Ventures with participation from Ajax Strategies, Valo Ventures, High Alpha, Climactic, along with other angels and existing investors including Afore Capital, MCJ Collective and Climate Capital.
The company intends to use the funds to continue scaling its decarbonization platform as well as launch new modules and tools for companies to achieve net-zero targets through automating processes to monitor, price, analyze risks and reduce carbon emissions.
Led by CEO Maria Fujihara, Sinai provides a platform for companies to decarbonize value-chain-wide emissions by enabling more intelligent carbon emission measurement, reporting, mitigation and pricing. The company has enabled organizations in many sectors, including steel, manufacturing, transportation, utilities, agriculture, and food and beverage, to measure and mitigate their carbon emissions.