Zeroe, a UAE-based AI-enabled enterprise SaaS platform focusing on cleantech, has successfully concluded its series seed funding round, raising $2.2 million in an oversubscribed effort.
The funding round was led by Indonesian investor Owen Rahadiyan, providing strategic access to Southeast Asian growth markets.
Zeroe Use of Funds
The company will use the funds to support its growth and its mission to accelerate enterprise decarbonization and unlock climate finance for the transition to a sustainable future.
Founded in early 2023 by Farouk Jivani and Ali Najafian, Zeroe is a cleantech company that aims to facilitate decarbonization and the shift towards net-zero emissions. The company's core offering is an AI-powered carbon management platform enabling enterprises to measure emissions comprehensively, report on decarbonization performance, and align with sustainable finance frameworks. Zeroe's SaaS platform is designed to address the increasing pressure on organizations to measure and reduce their carbon footprint. Its mission is to catalyze the global decarbonization effort.
Company: ZEROE SOFTWARE SOLUTIONS LTD.
Round: Seed Round
Funding Month: December 2023
Lead Investors: Owen Rahadiyan
Company Website: https://zeroe.io/
Software Category: Carbon Management