Carbon management startup Zevero announced today that it has raised $7 million in a new investment round, with proceeds aimed at expanding its global footprint and enabling more companies globally to utilize its platform to measure, track and reduce carbon emissions.
Founded in 2021, UK-based Zevero provides companies with tools to understand the impact of their emissions, helping them identify where and how to reduce that impact and comply with relevant regulations. In 2024, the company was acquired by Singapore-based climate tech startup LEVELUP, with the companies merging under the Zevero brand.
The new investment follows Zevero’s recent acquisition of sustainability advisory Inhabit, strengthening its capacity to support organizations in moving beyond emissions measurement to systematically reducing them. The funding round brings Zevero’s capital raised to date to $14 million, including a $7 million seed round in 2024.
According to the company, its AI-powered platform automates emissions data collection and calculation across Scope 1, 2, and 3, creating a reusable dataset to support ESG reporting, product development, and sourcing decisions. The platform also integrates embedded climate expertise to help businesses identify emissions hotspots, set targets, and execute tailored decarbonization plans.
Zevero said that the new capital will be used to accelerate product development, and to continue expansion across Asia-Pacific and continental Europe, where companies face growing pressure from CBAM exposure, supply chain mandates, and strict tender requirements.
Shigeo Taniuchi, CEO of Zevero, said:
“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 expertise to make climate data continuous, defensible, and connected to the decisions that matter. This funding allows us to bring that to more organizations across more markets.”
The new round of financing included participation by Spiral Capital, who also led Zevero’s seed round, as well as Gazelle Capital and Deep 30.
Tomokazu Okuno, General Partner and CEO of Spiral Capital, said:
“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.”
