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BeZero Carbon Raises $32 Million to Expand Carbon Credit Rating Platform into New Markets
London-based carbon credit ratings startup BeZero Carbon has raised $32 million to expand into new markets and enhance its capabilities. Founded in 2020, BeZero provides carbon ratings and data products, serving clients across 30 countries and offering insights on over 480 carbon credit projects. Since its 2022 launch, the company has seen a 40% price premium for higher ratings on its 8-point scale. The new capital will support expansion into compliance carbon markets and the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), as well as investments in automation and AI. The funding round was led by GenZero, with participation from Japan Airlines and existing investors.
Resources: https://www.esgtoday.com/bezero-carbon-raises-32-million-to-expand-carbon-markets-rating-platform-into-new-markets/