Zevero Secures $7 Million to Transform Carbon Accounting
Zevero, a global carbon accounting platform, revealed the acquisition of $7 million in seed funding. The round was led by Spiral Capital with contributions from East Ventures and angel investors. This marks a significant milestone in Zevero’s mission to foster global sustainability.
The funding will accelerate Zevero’s expansion into key markets such as Japan, the U.S., Australia, and Asia-Pacific regions. CEO Shigeo Taniuchi emphasized the surge in demand for robust sustainability solutions, attributing it to increasing regulatory and consumer pressures.
Zevero’s platform integrates AI and advanced Lifecycle Assessment (LCA) methodologies to help supply-chain-heavy organizations measure and reduce emissions. “This investment enables us to provide more comprehensive tools to meet businesses’ sustainability goals,” said Taniuchi.
Zevero’s clients include major consumer-goods brands like DEYA, Delphis Eco, and MOTH, who have utilized the platform to meet their decarbonization targets. Spiral Capital General Partner Tomokazu Okuno expressed excitement about supporting Zevero’s continued growth, citing its strong leadership and global impact.
“At Zevero, we’re dedicated to empowering our clients with data-driven insights to achieve net-zero emissions,” added Ben Richardson, Chief Sustainability Officer of Zevero.
The investment solidifies Zevero’s position as a leader in the sustainability sector, aiming to provide enhanced carbon accounting tools globally.
Source: Content provided in a press release distributed by PR Newswire.