Pioneer, a San Francisco, CA-based AI-powered service for climate tech companies, has raised $2.9 million in seed funding.
SaaS Investors
The round was led by Blue Bear Capital, with participation from Collaborative Fund, Soma Capital, Cool Climate Collective, and Kayan Ventures.
Blue Bear is a venture capital and early growth equity firm driving the expansion of digital technologies into multibillion-dollar verticals across the energy, infrastructure, and climate industries. Its portfolio covers operational AI, IoT, and cybersecurity technologies, all deployed with enterprise customers to drive connectivity and efficiency across the world's most critical industries.
Pioneer Use of Funds
The company will use the funding to speed up development and serve more entrepreneurs looking to rapidly deploy and scale key climate solutions.
About Pioneer
Pioneer combines large language models (LLMs) with process execution expertise to help climate tech companies efficiently secure non-dilutive funding from various government and non-government sources. The platform allows companies to match their sector focus, business model, and capital needs with potential funding sources and apply for grants, contracts, and other incentives at federal, state, and local levels. The company serves as an extension of its clients' teams, managing the end-to-end process and automating tedious tasks, ultimately saving time and resources.
Funding Details
Company: Mycorrxyz, Inc.
Raised: $2.9M
Round: Series A
Funding Month: November 2023
Lead Investors: Blue Bear Capital
Additional Investors: Collaborative Fund, Soma Capital, Cool Climate Collective, and Kayan Ventures
Company Website: https://www.pioneerclimate.com/
Software Category: AI-powered Service for Climate Tech
Source: https://www.prnewswire.com/news-releases/pioneer-raises-2-9m-to-help-climate-tech-entrepreneurs-unlock-billions-in-federal-state-and-local-funding-and-incentives-301982567.html