Startup

UAE’s Zeroe Nets $2.2 Million from Seed Round

The company's next stage of growth will be fueled by the fresh capital infusion.

By Inc.Arabia Staff
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UAE-based cleantech Zeroe has concluded a seed round worth $2.2 million led by Indonesian investor Owen Rahadiyan, as per a press release.[1]

Founded in early 2023 by Farouk Jivani and Ali Najafian, Zeroe is an AI-powered carbon management tool that enables businesses to quantify emissions and report on decarbonization performance.

The company's next stage of growth will be fueled by the fresh capital infusion.

In addition to helping businesses identify and lower their carbon footprint, Zeroe gives them the knowledge and resources they need to align with sustainable finance frameworks, which is essential for obtaining the money needed to complete this change.

Zeroe is a founding member of the Carbon Accounting Alliance, a signatory to the Sustainable Finance Declaration of the Abu Dhabi Global Market, and one of 20 firms chosen to participate in the DIFC Fintech Accelerator for 2023.

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