Zeroe, an AI-enabled enterprises SaaS platform based in the UAE, has announced raising $2.2 million in its oversubscribed Seed funding round led by Indonesian investor Owen Rahadiyan.
Zeroe’s SaaS platform allows companies to comprehensively measure emissions and report on decarbonization performance to a wide variety of stakeholders.
As regulators, customers, and capital all increase, the pressure organizations face to measure and reduce their emissions.
Zeroe provides enterprises with the tools and insights needed to not only understand and reduce their carbon footprint but also to align with sustainable finance frameworks, which are key to accessing the capital critical to this transition.
“The urgency to act on climate change has never been greater, and it will exponentially increase in the coming years. This investment is a testament to our commitment to driving tangible change. We’re here to accelerate the enterprise decarbonization journey and unlock climate finance to fund the transition,” said Zeroe founder and CEO Farouk Jivani.
Zeroe seeks to decarbonize enterprise by offering an AI-powered carbon management platform that supports organizations on the journey to net zero. It empowers organizations to make data-driven decisions, achieve their sustainability goals, and create long-term shareholder value.
Zeroe was selected as 1/20 startups to be part of DIFC’s Fintech Accelerator for 2023, a signatory to Abu Dhabi Global Market’s Sustainable Finance Declaration, and a founding member of the Carbon Accounting Alliance.