Zeroe secures Seed investment boost, pushing total funding to $2.3 million
- Date: 07-Mar-2024
- Source: Wamda
- Sector:Financial Services
- Country:UAE
Zeroe secures Seed investment boost, pushing total funding to $2.3 million
UAE-based cleantech Zeroe has raised a Seed investment boost provided by the VOYAGERS ClimateTech Fund, taking the total raise to $2.3 million.
Founded in 2023 by Farouk Jivani and Ali Najafian, Zeroe allows companies to measure emissions and report on decarbonisation performance through an AI-powered carbon management platform.
The funding will allow Zeroe to accelerate the development of its AI-integrated SaaS platform, which automates carbon emission calculations.
In December, Zeroe raised $2.2 million in a Seed round led by Indonesian investor Owen Rahadiyan.
Press release:
UAE-based Zeroe has announced a seed investment boost by the VOYAGERS ClimateTech Fund, taking the total raise to $2.3 million. The funding empowers Zeroe to bring forward the development timeline on its AI-integrated SaaS platform, which intelligently automates carbon emission calculations, saving companies time and money in the process of sourcing capital to fund their transition to net zero.
A Market Responding to Rising Demand for Emissions Transparency
Zeroe is responding to an ever-increasing demand in the market for robust emissions measurement and reporting. As stakeholders intensify their scrutiny on corporate environmental impact, Zeroe's platform emerges as a critical tool for aligning businesses with these evolving expectations.
Harnessing AI for Sustainable Transformation
With limited available emissions expertise globally, Zeroe leverages AI to rapidly ingest