nZero, a Reno, NV-based near real-time carbon management and accounting platform, closed a $16m Series A funding.
The round was led by both Fifth Wall and a national US energy company, with participation from Piedmont Capital Investments.
The company intends to use the funds to scale globally.
Led by Adam Kramer, CEO, nZero is a 24/7 carbon management solution with the ability to sync automatically, analyze, and manage carbon emissions across Scopes 1, 2 and 3 on a granular level, pairing financial and emissions data and insights that empower business change. Offering continuous 24/7 tracking, the system captures hour-by-hour emissions changes in a platform to help clients track, manage, and report out their sustainability goals.
Since launching its services in April 2021, the company has worked with various corporate, agriculture and government entities globally to help them understand their actual carbon impact and develop the most financially efficient and sustainable emissions reductions plans.
FinSMEs
18/04/2023