Zevero, a London-based platform specializing in carbon management, has announced $7 million in funding. This new capital brings the company's total funding to $14 million.

Geographic Expansion and Growth

The company has experienced significant growth, doubling its customer base and increasing its annual recurring revenue by 400%. Zevero plans to use the new funds to expand into Asia-Pacific and continental Europe, backed by Spiral Capital, Gazelle Capital, and Deep 30.

Towards Continuous Reporting

Traditionally, carbon emissions reporting has been an annual exercise. Zevero aims to change this approach, transforming reporting into a continuous data infrastructure. This shift would allow companies to monitor and manage their emissions in real time, improving the transparency and effectiveness of sustainability strategies.