Zevero completes a $7 million second fundraising round.

      The carbon management platform based in London has experienced a surge in its customer base and achieved a 400% year-on-year growth in annual recurring revenue (ARR), now securing a total of $14 million in funding while expanding into the Asia-Pacific and continental Europe, with support from Spiral Capital, Gazelle Capital, and Deep 30.

      Traditionally, many companies have treated carbon reporting as an annual task: collecting data, generating a figure, submitting a disclosure, and repeating the process. However, the changing regulatory landscape is swiftly rendering this approach insufficient. The anticipated UK Sustainability Reporting Standards will require listed companies to report climate data with the same rigor as financial statements. Similarly, Japan’s SSBJ Standards are indicative of a global trend that is transforming emissions measurement from a mere compliance requirement to something akin to an ongoing financial function.

      In response to this shift, Zevero, the London-based carbon management platform, has raised an additional $7 million to establish itself as the foundational layer for this transformation.

      This funding round brings Zevero’s total financing to $14 million, following a seed round of the same amount in September 2024, which was led by Spiral Capital. This current funding round includes the participation of Spiral Capital again, along with new investors Gazelle Capital and Deep 30.

      Founded in 2021 by Shigeo Taniuchi, Ben Richardson, and George Wade, Zevero reports a 400% growth in annual recurring revenue and has doubled its customer count since the September 2024 funding, although it has not disclosed specific figures. Notable clients mentioned in the recent announcement include Asahi Group, the Tokyo Metropolitan Government, and waterdrop.

      The platform employs AI to automate emissions data collection across Scope 1, 2, and 3, creating a reusable dataset that the company asserts can simultaneously inform ESG disclosures, product design, and sourcing decisions. In February 2026, Zevero acquired Inhabit, a UK sustainability advisory firm, enhancing its software with hands-on delivery capabilities.

      This combination aims to fill a significant gap: while many companies have software to measure emissions, they often lack the internal expertise needed to act on the data in a credible and systematic manner.

      Zevero is benefiting from a genuine and accelerating regulatory momentum. The EU’s Carbon Border Adjustment Mechanism is exerting pressure on non-European suppliers to measure and report the embodied carbon in their products. This creates a solid commercial rationale for Zevero’s expansion into Asia-Pacific since manufacturers in Japan and other regions supplying European companies must provide emissions data that complies with EU standards or face exclusion from these markets.

      Spiral Capital’s CEO, Tomokazu Okuno, highlighted the blend of technology and in-house expertise as a key aspect of the investment rationale: “We believe its mix of technology and expertise positions it well for global scaling.”

      Zevero currently operates in over 20 countries and oversees more than 1 million tonnes of CO₂e for its customers. Taniuchi articulated the company’s aim to help organizations manage sustainability akin to financial management: not as a once-a-year initiative but as an ongoing system.

      “Companies are increasingly expected to handle sustainability the way they manage finance, yet many still treat it as an annual project: starting anew each year and producing a figure instead of implementing a system,” he stated.

      The $7 million raised will support product development and further expansion into Asia-Pacific and continental Europe.