Zevero, a climate tech platform specialising in carbon data reporting, has successfully raised £5.3m in its initial seed investment round.
- The funding round was led by Spital Capital and received contributions from East Ventures and select angel investors.
- Zevero is co-headquartered in London and Singapore, catering to clients with extensive supply chains.
- The platform is designed to help businesses understand and manage their climate impact, assisting in the attainment of sustainability goals.
- The investment will be utilised to enhance Zevero’s platform, expand its global operations, and strengthen its support for a net zero future.
Zevero has successfully secured £5.3 million in its initial seed investment round aimed at advancing its carbon data reporting platform. The funding, which was led by Spital Capital with participation from East Ventures and several individual investors, is set to significantly enhance Zevero’s operational capabilities.
Operating across London and Singapore, Zevero offers solutions that enable clients to comprehend their climate impact, specifically within large and complex supply chains. The company is dedicated to assisting businesses in achieving their sustainability targets, a commitment highlighted by its chief sustainability officer, Ben Richardson. Richardson stated, “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.”
Zevero’s CEO, Shiego Taniuchi, emphasized the growing demand for data-driven sustainability solutions as global commitments to net zero emissions rise. Taniuchi noted that the new funding will allow Zevero to expand its capabilities further and continue delivering innovative tools that support businesses in meeting both regulatory and commercial obligations.
Tomokazu Okuno, general partner and CEO of Spiral Capital, expressed enthusiasm for supporting Zevero’s growth, stating, “As demand for transparent, reliable sustainability data grows, Zevero is addressing business challenges with its carbon accounting tool and LCA solutions.” Okuno highlighted the strategic importance of Zevero in providing essential tools amid increasing environmental pressures.
The field of carbon data reporting is rapidly expanding due to these pressures. Zevero, alongside other firms like Sylvera, which recently secured significant investments for similar pursuits, is at the forefront of this industry trend.
Zevero’s recent funding aligns with the rising global demand for effective carbon data solutions, reinforcing its role in supporting sustainable business practices.