With the VOYAGERS ClimateTech Fund’s seed investment boost, UAE-based Zeroe has raised a total of $2.3 million. Zeroe’s AI-integrated SaaS platform, which calculates carbon emissions intelligently and saves businesses time and money when sourcing capital to fund their transition to net zero, will benefit from an acceleration of the development timeline thanks to the funding.
Robust emissions measurement and reporting are in high demand in the market, and Zeroe is meeting that demand. Zeroe’s platform becomes a vital tool for helping businesses align with these changing expectations as stakeholders increase their scrutiny of corporate environmental impact.
Zeroe uses AI to quickly ingest raw data and intelligently map emissions factors in light of the limited emissions expertise available globally. This enables carbon accounting that complies with GHG protocols at scale.
Realizing that going net-zero will have significant financial ramifications (it’s a challenge that could cost trillions of dollars globally), Zeroe’s platform is revolutionary. Supporting organizations in fulfilling stakeholder reporting obligations and obtaining the funding vital for their decarbonization initiatives, makes it easier for them to obtain the capital they need.
Farouk Jivani, co-founder and CEO of Zeroe, shares his enthusiasm: “We’re excited to be VOYAGERS’ second investment in the region, and we believe this investment confirms our push to be a leading solution in supporting organisations to measure emissions and access sustainable finance. We are on the cusp of a new era in corporate environmental responsibility, and we believe Zeroe empowers organisations on this journey.”
