# Bearing

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bearing

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.bearing.ai
- Total disclosed funding: $3M
- Latest round: Seed (Dec 23, 2020)
- Investors on record: 2

## About

Founded in 2019 by Dylan Keil, and based in California, US, Bearing, Inc. operates as a developer of an Artificial Intelligence (AI)-powered maritime shipping platform that enables the shipping industry to reduce its carbon emissions. In August 2022, Bearing, Inc. raised USD 7 million in venture funding from returning investors AI Fund and MITSUI & CO., LTD.

The firm offers software that enables the shipping community to predict their CII (Carbon Intensity Indicator) rating in real time and aids companies in making data-backed decisions to trace problematic vessels, forecast end-of-year ratings, and convert every vessel into compliance and increase their performance. 

The company intends to use the August 2022 funding to focus on its CII product and speed up its product research and development.

## Funding rounds

- Seed, Dec 23, 2020, $3M — Mitsui & Co., AI Fund

## Investors

- Mitsui & Co. — Seed
- AI Fund (https://capitalatlas.ai/funds/ai-fund) — Seed