Zevero, a carbon accounting platform, has secured a US$7 million inaugural seed funding round. The investment was led by Spiral Capital, with participation from East Ventures and several angel investors.
The funding will accelerate Zevero’s growth in key markets like Japan, the U.S., Australia, and the Asia-Pacific. It will also allow the platform to keep up with the rising global demand for complete sustainability solutions, with a focus on improving its decarbonization features.
Shigeo Taniuchi, Co-Founder and Global CEO of Zevero, said: “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.”
Tomokazu Okuno, General Partner, CEO of Spiral Capital, shared: “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.”
(Image Source: Zevero)
About Zevero:
Zevero is a global carbon accounting platform that helps businesses reach their sustainability goals. Using AI, supply chain data, and detailed analytics, it accurately tracks, reduces, and reports carbon emissions. Zevero makes it easy for companies to measure and lower their carbon footprint on a large scale, speeding up the transition to a decarbonized economy. In April, Zevero was acquired by climate tech company LEVELUP.
(Source: Zevero)
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