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Announced

Completed

Energize Ventures led a $22m Series A funding round in SINAI Technologies.

Financials

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Transaction Value£20m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Completed

Private Equity

Acquisition

Domestic

United States

Single Bidder

decarbonization platform

Minority

Environmental / Waste Management

Venture Capital

Friendly

Synopsis

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Energize Ventures, a venture capital firm, led a $22m Series A funding round in SINAI Technologies, a decarbonization Intelligence platform for reducing carbon emissions, with participation from Stardust Equity, HighSage, Obvious Ventures, Valo Ventures, Afore, High Alpha, Presidio Ventures, and Translink Capital. “As corporates race to meet net-zero goals, the complexities associated with building and implementing a decarbonization strategy – from calculating emissions to deploying carbon reduction projects – are coming to the forefront. This is especially true for emission-intensive industries like mining, manufacturing, and agriculture, where the financial and environmental data needed to inform decarbonization strategies is often highly complex and bespoke. SINAI provides the software platform that heavy emitters need to close the gap between measurement and management and bring their net-zero commitments to fruition,” Eileen Waris, Energize Ventures Principal.

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