Zevero, a carbon management platform startup, has raised £5 million in funding from Spiral Capital, Gazelle Capital and Deep 30. It brings total funding to over £10 million to date following a period of rapid growth, with annual recurring revenue increasing 400% year-on-year and its customer base doubling.
It automates emissions data collection and calculation across Scope 1, 2, and 3, building a reusable dataset that informs ESG disclosures, product design, and sourcing decisions. Embedded climate experts work within the platform to help identify hotspots, set targets, and develop tailored decarbonisation strategies, enabling emissions data to be used across the business rather than only for reporting. The business has also acquired sustainability advisory firm Inhabit to strengthen its ability to support organisations in reducing emissions.
Sustainability reporting is undergoing a structural shift as frameworks such as the UK Sustainability Reporting Standards and Japan's SSBJ Standards move climate disclosure towards the same level of rigour and governance as financial reporting.
The investment will accelerate product development and expansion across Asia-Pacific and continental Europe, where companies face increasing pressure from CBAM exposure, supply chain mandates, and tender requirements. Zevero is working with organisations including Asahi Group, Tokyo Metropolitan Government, and waterdrop, and is expanding its customer base across manufacturing, FMCG, and consumer brands.
Businesses are increasingly being asked to manage sustainability the way they manage finance, yet many are still operating it like an annual project: rebuilding from scratch each year and producing a number rather than a system. Our focus is on changing that, by providing the platform and the expertise to make climate data continuous, defensible, and connected to the decisions that matter. This funding allows us to bring that to more organisations across more markets.
Carbon data is moving from a reporting exercise to a core input in operational and investment decisions. Organisations don’t just need the software to collect the data; they need the guidance to help turn it into something the business can act on. That’s what Zevero is built around.
Zevero has built an impressive platform that helps businesses tackle one of the most pressing challenges facing organisations today: gaining clear visibility into their carbon emissions and acting on that insight. The company has demonstrated strong growth since its seed round, and we believe its combination of technology and expertise positions it well to scale globally. We are excited to continue supporting the team as they expand the platform internationally.
