The London-based carbon management platform, which has doubled its customer base and grown ARR 400% year-on-year, now has $14M in total funding and is pushing into Asia-Pacific and continental Europe, backed by Spiral Capital, Gazelle Capital, and Deep 30.
For most companies, carbon reporting has been an annual exercise: gather data, produce a number, file a disclosure, repeat. The regulatory environment is rapidly making that model inadequate.
The UK Sustainability Reporting Standards, expected to require listed companies to report climate data to the same rigour as financial accounts, and Japan’s equivalent SSBJ Standards, are part of a global shift that is turning emissions measurement from a compliance checkbox into something closer to a continuous financial function.
Zevero, a London-based carbon management platform, has raised a further $7 million to position itself as the infrastructure layer for that shift.
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The round brings Zevero’s total funding to $14 million, following a seed round of the same amount raised in September 2024 that was led by Spiral Capital. This second raise includes Spiral Capital again, alongside new investors Gazelle Capital and Deep 30.
Founded in 2021 by Shigeo Taniuchi, Ben Richardson, and George Wade, the company says its annual recurring revenue has grown 400% year-on-year and its customer base has doubled since the September 2024 raise, metrics it has not disclosed in absolute terms. Customers named in today’s announcement include Asahi Group, the Tokyo Metropolitan Government, and waterdrop.
The platform automates emissions data collection across Scope 1, 2, and 3 using AI, building a reusable dataset that the company says can inform ESG disclosures, product design decisions, and sourcing choices simultaneously. In February 2026, Zevero acquired Inhabit, a UK sustainability advisory firm, adding hands-on delivery capacity to its software offering.
The combination is designed to address a practical gap: companies often have software that measures emissions but lack the internal expertise to act on the data in a credible or systematic way.
The regulatory tailwind the company is surfing is real and accelerating. The EU’s Carbon Border Adjustment Mechanism is already creating pressure on non-European suppliers to quantify and report embodied carbon in their products, which gives Zevero’s Asia-Pacific push a structural commercial rationale, manufacturers in Japan and elsewhere that supply European companies need to produce emissions data that meets EU standards, or risk being shut out of those markets.
Tomokazu Okuno, CEO of Spiral Capital, noted the combination of technology and in-house expertise as the investment thesis: “We believe its combination of technology and expertise positions it well to scale globally.”
Zevero currently operates in more than 20 countries and manages over 1 million tonnes of CO₂e across its customer base. Taniuchi described the goal as helping organisations treat sustainability the way they treat finance: not as an annual project but as a continuously maintained system.
“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,” he said.
The $7 million will go towards product development and continued expansion across Asia-Pacific and continental Europe.
