Muir AI Raises $3.25M in Seed Funding
Summary
The round was led by Base10 Partners with participation from existing investors Madrona Venture Labs and Soma Capital. The company intends to use the funds to accelerate development of AI technology to reduce emissions within corporations’ supply chain. Combining supply chain models, geospatial data, and emissions modeling, Carbon Origin, Muir’s initial service, provides comprehensive supply chain emission estimates for a company based on simple procurement data. Granular insights provide customers the ability to identify cost-effective emissions reduction opportunities overlooked by other industry solutions. Chalat and Williams met while playing football and studying aerospace engineering at MIT and spent their careers at SpaceX and Amazon, developing remote sensing and machine learning technology, before turning their attention to climate change.