2026-03-24
Zevero Raises $7M to Scale Carbon Data Platform Across Europe and Asia-Pacific
UK-based carbon management platform Zevero raises $7M from Spiral Capital, Gazelle Capital, and Deep 30, bringing total funding to $14M.
The Round
| Company | Zevero |
| HQ | London, United Kingdom |
| Amount | $7M |
| Round | Growth |
| Date | 24 March 2026 |
| Total Raised | $14M |
What They Do
Zevero builds an AI-powered carbon accounting platform that automates emissions data collection across Scope 1, 2, and 3. Instead of treating sustainability reporting as an annual compliance chore, the platform turns it into a continuous data layer that feeds ESG disclosures, product design, and sourcing decisions.
The company operates across 20+ countries with about 50 employees. Customers include Asahi Group, Tokyo Metropolitan Government, and waterdrop. ARR grew 400% year-on-year, and the customer base doubled.
Zevero recently acquired Inhabit, a sustainability advisory firm, to add hands-on reduction consulting alongside the measurement platform.
Investors
This Round
| Investor | Origin | Notes |
|---|---|---|
| Spiral Capital | Japan | Returning investor, also led seed round |
| Gazelle Capital | United Kingdom | New investor this round |
| Deep 30 | United Kingdom | New investor this round |
Previous Round (Seed, September 2024, $7M)
| Investor | Origin | Notes |
|---|---|---|
| Spiral Capital | Japan | Lead investor |
Cap Table (Known)
| Investor | Round(s) | Origin |
|---|---|---|
| Spiral Capital | Seed, Growth | Japan |
| Gazelle Capital | Growth | United Kingdom |
| Deep 30 | Growth | United Kingdom |
Total disclosed funding: $14M across two rounds.
Use of Funds
The money goes toward product development and geographic expansion. Zevero is targeting growth in Europe and Asia-Pacific, where new regulations (EU CSRD, Japan's disclosure rules) are creating demand for automated carbon data infrastructure.
Market Context
Carbon management SaaS is getting crowded, with players like Watershed, Persefoni, and Sweep all competing for enterprise sustainability budgets. Zevero differentiates by focusing on continuous data infrastructure rather than annual report generation, and by maintaining a strong Asia-Pacific presence — unusual for a UK-based player in this space.
The timing matters: the EU Corporate Sustainability Reporting Directive (CSRD) is expanding to cover more companies in 2026, and supply chain emissions (Scope 3) are where most organizations still struggle. Platforms that can automate Scope 3 data collection across international supply chains have a structural advantage.
Founded in 2021, Zevero is still small compared to US-funded competitors, but the 400% ARR growth suggests the continuous-data approach is resonating with buyers who've outgrown spreadsheet-based sustainability reporting.