Zeroe Platform Closes $2.2 Million Seed Funding Round to Support Company Growth
Zeroe, an AI-powered SaaS platform based in the United Arab Emirates, announced the closure of its seed funding round. The funding round exceeded expectations and raised $2.2 million in new capital to support the company’s next growth phase. The round was led by Indonesian investor Owen Rahadian, who provided access to key growth markets in Southeast Asia. This investment strengthens the company’s mission to facilitate carbon removal and transition to net zero, following the successful launch of its corporate customer platform in the UAE.
The role of Indonesian investor Owen Rahadian in supporting Zeroe’s growth
Indonesian investor Owen Rahadian played a significant role in this funding round, opening doors for Zeroe to access emerging markets in Southeast Asia. This collaboration is a strategic step to enhance Zeroe’s growth and expand its impact in the field of carbon emission reduction.
Zeroe’s platform: An effective tool for measuring and managing carbon emissions
Zeroe’s platform stands out for its ability to provide comprehensive solutions for measuring and managing carbon emissions. These tools enable companies to address sustainability challenges and achieve net-zero goals through data-supported decisions. It’s an important step in enabling companies to align with sustainable finance frameworks.
Zeroe’s vision for a more sustainable future
Farouk Jivani, founder and CEO of Zeroe, highlights the vital role of new funding in achieving the company’s vision to combat climate change. Jivani emphasizes that this investment reflects the company’s commitment to accelerating carbon removal in the private sector and financing the transition to a more sustainable future.
The company’s background and its growing impact
Zeroe, headquartered in Dubai and Los Angeles, is led by founders with extensive experience in delivering global corporate solutions. Zeroe was selected as one of the 20 startups for the 2023 FinTech Accelerator at the Dubai International Financial Centre and is a signatory of the Abu Dhabi Declaration on Sustainable Finance and a founding member of the Carbon Accounting Alliance.
Zeroe: A leader in sustainability and digital transformation
The successful closure of the seed funding round demonstrates Zeroe’s market strength and growth potential. With this investment, Zeroe continues its journey towards making a positive change in the business and sustainability world, reinforcing its position as a leading company in carbon management and sustainability in the region and globally.
