Muir AI, a Seattle-based startup, is making strides in the carbon accounting space by combining satellite technology, artificial intelligence (AI), and machine learning (ML) to assist companies in more accurately calculating their carbon emissions. By providing better data on carbon footprints, Muir AI aims to enable businesses to make informed decisions and take meaningful action towards their climate goals.
Calculating carbon emissions can be a complex process, especially when assessing the environmental impact of supply chain goods. Corporations often have to rely on less accurate estimates or go through the labor-intensive process of gathering information directly from supply chain providers. Muir AI is working to create a third option that offers granular data through their platform.
Having more accurate data on scope 3 emissions (indirect emissions from a company’s supply chain) can help corporations optimize their efforts to reduce emissions and adjust supply chain operations. Muir AI’s CEO, Harris Chalat, cited research suggesting that this optimization could potentially reduce global emissions by 7%.
Chalat and his co-founder, Peter Williams, both have backgrounds in aerospace engineering and experience in applying AI and ML to data. The duo met as undergraduates at MIT and have worked at prominent companies such as SpaceX, Relativity Space, and Amazon. Both Chalat and Williams were motivated to start Muir AI in February 2022 by their growing concerns about climate change and a desire to make a meaningful impact.
Muir AI participated in Madrona Venture Labs’ accelerator program and raised a $500,000 pre-seed round led by Madrona Venture Labs and Soma Capital. The startup is currently demonstrating its technology with early customers and aims to launch a publicly available product later this year.
While there are numerous companies operating in the carbon accounting, analytics, and fintech sectors, the Muir AI team believes they bring a unique approach to the table. By applying their knowledge and experience from previous work in satellite technology and AI, they hope to change the course of climate action by providing more accurate carbon footprint data for businesses worldwide.