Climate tech firm Zevero has secured $7 million in new funding as global demand for robust carbon data and ESG reporting continues to accelerate.
The latest investment, which brings the company’s total funding to $14 million, includes backing from Spiral Capital, Gazelle Capital and Deep 30. It follows a period of rapid expansion, with Zevero reporting 400% year-on-year growth in annual recurring revenue and a doubling of its customer base.
The company has also strengthened its offering through the recent acquisition of sustainability advisory firm Inhabit, enabling it to move beyond emissions tracking into active decarbonisation support for clients.
Zevero’s platform uses artificial intelligence to automate the collection and calculation of emissions data across Scope 1, 2 and 3 — the three key categories used to measure an organisation’s carbon footprint.
By building a continuous, reusable dataset, the platform allows companies to integrate sustainability metrics into core business functions such as product design, procurement and investment planning, rather than treating them as standalone reporting exercises.
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