Zevero Secures $7 Million in Seed Funding
Zevero, a company specializing in carbon management software, has successfully raised $7 million in a seed funding round. The round was led by Spiral Capital with participation from Gazelle Capital and Deep 30.
Zevero offers a comprehensive platform that simplifies decarbonization efforts for businesses by integrating expert support, climate data, and net-zero strategies into a single tool. The company's software automates emissions data collection, enabling organizations to streamline their sustainability reporting and decision-making processes.
Leadership and Vision
The company was founded in 2021 by Shigeo Taniuchi, who serves as CEO, alongside co-founders George Wade (CCO) and Benjamin Richardson. "Businesses are increasingly being asked to manage sustainability the way they manage finance," Taniuchi explained. "Yet many are still operating it like an annual project: rebuilding from scratch each year and producing a number rather than a system."
Use of Funds
The newly secured funding will be utilized to accelerate Zevero's expansion across Europe and the Asia-Pacific region. The company aims to enhance its platform capabilities and reach more organizations looking to improve their carbon management and sustainability practices.
Investor Confidence
Spiral Capital, the lead investor, expressed confidence in Zevero's growth potential. Tomokazu Okuno, General Partner and CEO at Spiral Capital, noted, "Zevero has built an impressive platform that helps businesses tackle one of the most pressing challenges facing organizations today, gaining clear visibility into their carbon emissions and acting on that insight."
This funding round marks a significant step for Zevero as it seeks to broaden its impact and provide more businesses with the tools needed to manage their carbon footprint effectively.