NEC Orchestrating Future Fund

New technology allows individuals and organizations to become carbon intelligent

Carbon Management Software

<div>
 
 SINAI offers a SaaS platform for businesses to measure, analyze, and reduce their carbon footprint. SINAI&rsquo;s solution digitizes and automates the measurement of a business&rsquo;s carbon footprint, develops strategies to reduce the carbon footprint using scenario builders, and generates customized carbon targets and budgets to guide decarbonization in the long run.
 
 
 SINAI caters to manufacturing, transportation, apparel and retail, food and beverage, and real estate industries.&nbsp;
 
 
 
 
 Key customers and partnerships&nbsp;
 
 
 
 
 In December 2021, SINAI partnered with BRF, Raizen, Rumo, and AMAGGI, to assess the emissions gap across the Brazilian agricultural sector. In July 2022, SINAI partnered with a Brazilian carbon credit marketplace, 
 <a href="https://sp-edge.com/updates/11861">
 Future Carbon Group
 </a>
 , to provide Brazilian companies with access to carbon intelligence tools and climate analysis expertise. In December 2022, the company partnered with 
 <a href="https://sp-edge.com/updates/15095">
 NEC Corporation
 </a>
 , a Japanese ICT solution provider, to offer decarbonization solutions to clients. 
 In 
 <a href="https://sp-edge.com/updates/28525">
 April 2024
 </a>
 , the company partnered with Novisto, a similar ESG data management platform to generate actionable insights and support strategic decision-making.&nbsp;
 
 
 SINAI&rsquo;s customers include Siemens Brasil, ArcelorMittal Brasil, and Brazil&rsquo;s BRK Ambiental, among others.
 
 
 
 
 Funding and financials&nbsp;
 
 
 
 SINAI&rsquo;s most recent funding was in September 2022, when it raised USD 22 million in a 
 <a href="https://sp-edge.com/updates/13346">
 Series A
 </a>
 funding round led by Energize Ventures. Previously in August 2021, SINAI raised $10 million in a seed funding round led by Obvious Ventures. The funds were utilized for the launch of the company&rsquo;s next module, which is focused on gathering information from corporate value chains.
 
 
 
 
 
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Reinforcing recycling, rerouting refuse, and reducing wasteflows

Waste Recovery & Management Tech

Based in California, EverestLabs.AI offers an AI-based operating system “RecycleOS” and compatible robotics solutions that help material recovery facilities (MRFs) and consumer packaged goods (CPG) companies increase the recovery and usage of recycled materials, respectively. EverestLabs.AI operating system includes an application that tracks conveyor lines in MRFs to improve efficiency in plant operations and a system to track ESG progress for companies including CPG companies and packaging manufacturers.&nbsp;The company's technology can sort aluminum cans with at least 80% accuracy, picking out recyclables on a conveyor belt at a rate of 60 cans per minute.In <a href="https://sp-edge.com/updates/22700">October 2023</a>, EverestLabs, launched a Robotics Operations Center in India to optimize its fleet of AI-driven robotics in global recycling facilities.Key customers and partnershipsIn September 2023, EverestLabs leased its waste-sorting robot to a material recovery facility (MRF) owned by <a href="https://sp-edge.com/updates/22231">Caglia Environmental</a>, a waste-recycling company, for two years and provided its RecycleOS automation platform.Funding and Financials<a href="https://sp-edge.com/updates/13409">In September 2022</a>, the company raised USD 16.1 million in Series A funding led by Translink Capital. The funds were earmarked for scaling the business and go-to-market capabilities.

SWAT Mobility’s vehicle-routing technology helps companies, transport operators, and government agencies around the world solve complex transportation challenges. We are the first to run high-capacity vehicle pooling services that are both on-demand and dynamically routed. We also have proven results in helping our clients reduce transportation costs, improve city connectivity, and reduce traffic congestion. Our technology tops the industry's benchmark, Li & Lim, and with our cutting-edge smart mobility optimisation engine, we are future-ready for the world of autonomous vehicles.

PowerX brings power transfer technology to life, allowing for greater usage of renewable energy sources. PowerX was founded on March 22, 2021 and is located in Tokyo, Japan.

Everest Labs is advancing the waste management industry using modern technologies such as Artificial Intelligence (AI), Machine Learning (ML), and Computer Vision and Robotics. The company's solutions increase the quality of marketable recyclables and reduces dependency on human labor while enabling top line and bottom line revenue growth for waste management companies.

SINAI Technologies builds enterprise decarbonization software to monitor, analyze, price, and reduce emissions. The company's tools enable organizations to automate carbon analysis and reporting for their entire operation, transforming the way they interact with their business, value chain, and the environment. Founded in 2017, the company's mission is to provide organizations with the technology necessary to build deep decarbonization strategies.

NEC Orchestrating Future Fund operates as a corporate venture capital (CVC) fund.

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