Muir AI, a Seattle, WA-based startup focused on using AI technology to reduce emissions within corporate supply chains, raised $3.25 million in Seed funding.
SaaS Investors
The round was led by Base10 Partners, with participation from existing investors Madrona Venture Labs and Soma Capital.
Base10 is a San Francisco-based venture capital fund investing in founders who believe purpose is key profits and companies that are automating sectors of the Real Economy, including transportation, healthcare, retail, logistics, and construction.
Muir AI Use of Funds
The company plans to use the funding to further develop its AI technology for supply chain emissions reduction.
About Muir AI
Founded in 2022 by Harris Chalat and Peter Williams, Muir AI is an innovative company that utilizes proprietary databases and AI technology to provide actionable sustainability insights to companies. Muir’s novel technology rapidly generates accurate and specific emissions data across entire supply chains, even when minimal data is available. Muir is servicing companies with complex, high-emitting supply chains across the industrial, apparel, retail, and consumer goods industries.
Funding Details
Company: Muir AI, Inc.
Raised: $3.25M
Round: Seed Round
Funding Month: October 2023
Lead Investors: Base10 Partners
Additional Investors: Madrona Venture Labs and Soma Capital
Company Website: https://www.muir.ai/
Software Category: Carbon Accounting
Source: https://www.muir.ai/blog-posts/muir-ai-closes-3-25-million-funding