Zevero raises £5.2m to accelerate international expansion and product development.
The carbon management platform secured the investment from backers including Spiral Capital, Gazelle Capital, and Deep 30.
Zevero is an expert-led carbon management platform that automates emissions data collection and calculation to help organisations reduce their environmental impact. The fifty-person firm operates across more than twenty countries.
Carbon management platform Zevero has secured £5.2m in fresh investment, bringing its cumulative funding to £10.4m. The round saw participation from Spiral Capital alongside Gazelle Capital and Deep 30. The capital injection arrives following a period of rapid expansion, marked by a doubling of the customer base and a fourfold increase in annual recurring revenue. The firm intends to direct the proceeds towards accelerating product development and scaling its presence across continental Europe and the Asia-Pacific region.
From the founder
"Businesses are increasingly being asked to manage sustainability the way they manage finance, yet many are still operating it like an annual project: rebuilding from scratch each year and producing a number rather than a system. 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. This funding allows us to bring that to more organisations across more markets."
Shigeo Taniuchi
CEO at Zevero
Investor perspective
"Zevero has built an impressive platform that helps businesses tackle one of the most pressing challenges facing organisations today: gaining clear visibility into their carbon emissions and acting on that insight. The company has demonstrated strong growth since its seed round, and we believe its combination of technology and expertise positions it well to scale globally. We are excited to continue supporting the team as they expand the platform internationally."
Tomokazu Okuno
General Partner and CEO, Spiral Capital
Use of funds
- 01Continue product development
- 02Expand into international markets
