Zevero Raises $7 Million to Boost Carbon Management Efforts
Zevero, a company specializing in carbon management software and climate platforms, has successfully raised $7 million in a seed funding round. This round was led by Spiral Capital, with additional investments from Gazelle Capital and Deep 30. The funds are intended to facilitate the expansion of Zevero’s operations across Europe and the Asia-Pacific region.
Company Background
Founded in 2021, Zevero offers a comprehensive platform designed to simplify decarbonization for businesses. Their software integrates expert support, climate data, and net-zero strategies, making it easier for companies to manage their carbon footprints. The platform automates emissions data collection and creates a reusable dataset that aids in ESG disclosures, product design, and sourcing decisions.
Leadership and Vision
The company is led by Shigeo Taniuchi, Co-founder and CEO, who emphasized the importance of sustainable practices in modern business. "Businesses are increasingly being asked to manage sustainability the way they manage finance," Taniuchi noted. "Our focus is on changing that, by providing the platform and the expertise to make climate data continuous, defensible, and connected to the decisions that matter." The leadership team also includes George Wade, Co-Founder and Chief Commercial Officer, and Benjamin Richardson, Co-Founder.
Strategic Use of Funds
The $7 million in new funding will primarily be used to expand Zevero's reach into new markets in Europe and Asia-Pacific. This strategic move aims to bring their carbon management solutions to a broader range of organizations, helping them tackle the pressing challenge of managing carbon emissions effectively.
Investor Confidence
Tomokazu Okuno, General Partner and CEO of Spiral Capital, expressed confidence in Zevero's growth potential. "Zevero has built an impressive platform that helps businesses tackle one of the most pressing challenges facing organizations today," Okuno stated. "We are excited to continue supporting the team as they expand the platform internationally."
With this new influx of capital, Zevero is well-positioned to enhance its platform and broaden its market presence, further enabling businesses to integrate sustainable practices into their operations.