Global carbon accounting platform Zevero announced a $7 million seed funding round. This funding was led by Spiral Capital, with participation from East Ventures and several angel investors. This first raise marks a milestone for Zevero’s ability to grow its global sustainability impact.
Over the past three years, Zevero has gained significant wins in the UK and European markets by helping major consumer-goods brands such as DEYA, Delphis Eco, and MOTH achieve their sustainability goals. The $7 million investment will accelerate Zevero’s scaling efforts in key global markets such as Japan, the U.S., Australia, and Asia-Pacific countries. This funding round will enable the platform to meet the increasing global demand for comprehensive sustainability solutions, focusing on enhancing its decarbonization capabilities.
Zevero helps supply-chain-heavy organizations hit sustainability goals by using AI to match emission factors, integrating supply chain data, and offering global climate expertise and their decarbonization journey. With rising regulatory and consumer demands, Zevero’s platform enables businesses to assess their environmental impact across the full lifecycle of their products and operations.
This platform integrates advanced LCA methodologies with carbon accounting tools, providing businesses with a detailed understanding of their environmental impacts and enabling them to make informed decisions to achieve their sustainability goals.
This funding round is two-fold, with Zevero continuing this raise and looking forward to talking to investors worldwide. And the secured investment further solidifies the company’s position to establish itself as an industry leader. Zevero will utilize the funds to expand the business globally, enhancing its products and services.
KEY QUOTES:
“Following a year of significant global commitments to net zero emissions, we have seen a surge in demand for robust, data-driven sustainability solutions. This funding allows us to expand our capabilities and continue delivering the innovative tools that businesses need to meet their regulatory and commercial obligations. The team is excited to lead the industry in providing accurate, scalable and actionable insights for carbon accounting.”
-Shigeo Taniuchi, Co-Founder and Global CEO of Zevero
“As demand for transparent, reliable sustainability data grows, Zevero is addressing business challenges with its carbon accounting tool and LCA solutions. Led by Mr. Taniuchi, with global management expertise, Mr. Kuratomi, a serial entrepreneur, and Mr. Richardson and Mr. Wade, both accomplished in European carbon accounting, Zevero’s leadership highlights its global reach. We’re excited to support their ongoing growth and market expansion.”
-Tomokazu Okuno, General Partner, CEO of Spiral Capital
“At Zevero, we’re dedicated to not only measuring carbon impact but also empowering our clients to make informed decisions to achieve their sustainability goals. This funding will help us enhance our platform, expand globally, and continue supporting our customers on their path to a net zero future.”
-Ben Richardson, Chief Sustainability Officer of Zevero
