Zevero completes a second funding round, raising $7 million.

      The London-based carbon management platform has seen its customer base double and its annual recurring revenue grow by 400% year-on-year, accumulating a total of $14M in funding. The company is now expanding into Asia-Pacific and continental Europe with support from Spiral Capital, Gazelle Capital, and Deep 30.

      For many companies, carbon reporting has typically been an annual task: collect data, generate a figure, submit a disclosure, and repeat. However, changes in the regulatory landscape are rendering this model outdated. The UK Sustainability Reporting Standards are set to require publicly listed companies to report climate data with the same rigor as financial statements, and Japan’s SSBJ Standards represent a global movement that is transforming emissions measurement into a continuous financial function rather than just a compliance task.

      Zevero has secured an additional $7 million to establish itself as the foundational infrastructure for this shift. The most recent funding round brings Zevero’s total investment to $14 million, following a seed round of the same size in September 2024, led by Spiral Capital. The current raise includes Spiral Capital once more, as well as new investors Gazelle Capital and Deep 30.

      Founded in 2021 by Shigeo Taniuchi, Ben Richardson, and George Wade, Zevero reports a 400% year-on-year growth in its annual recurring revenue and has doubled its customer base since the September 2024 fundraising, though it has not shared absolute figures. Among the customers highlighted in today's announcement are Asahi Group, the Tokyo Metropolitan Government, and waterdrop.

      The platform automates the collection of emissions data for Scope 1, 2, and 3 using AI, creating a reusable dataset that Zevero claims can support ESG disclosures, product design decisions, and sourcing options simultaneously. In February 2026, Zevero acquired Inhabit, a UK sustainability advisory firm, which enhanced its ability to deliver hands-on solutions alongside its software.

      This integration addresses a practical challenge: while many companies have software to measure emissions, they often lack the internal expertise needed to effectively utilize this data in a credible and systematic manner. The regulatory momentum supporting Zevero is significant and gaining speed. The EU’s Carbon Border Adjustment Mechanism is already compelling non-European suppliers to quantify and report the embodied carbon in their products, thereby providing a strong commercial basis for Zevero's expansion into Asia-Pacific, as Japanese and other international manufacturers supplying European companies must produce emissions data compliant with EU standards or risk exclusion from those markets.

      Tomokazu Okuno, CEO of Spiral Capital, emphasized the importance of combining technology with expertise as the basis for investment: “We believe its combination 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 within its customer network. Taniuchi articulated the objective of encouraging organizations to treat sustainability similarly to finance: not as a yearly project but as an ongoing system.

      “Businesses are increasingly being asked to manage sustainability like they manage finance, yet many still approach it as an annual task, rebuilding from the ground up each year and generating a figure rather than establishing a system,” he noted. The $7 million raised will be allocated for product development and further expansion within Asia-Pacific and continental Europe.