Hello, net zero! Here’s BeZero Carbon, a London-based carbon ratings agency that helps investors make better climate decisions. Now, they just raised a $32M Series C!

Investor check. Temasek-founded GenZero led the round, while Japan Airlines and Translink Innovation Fund joined in!

• EDF Pulse Ventures, Hitachi Ventures, Illuminate Financial, Intercontinental Exchange, Molten Ventures, Qima, and Quantum Innovation Fund also joined the round. 

More on GenZero. They’re a decarbonization-focused investment firm based in Singapore. 

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🌿 Carbon what?

So you want to invest in carbon projects. You know, projects that offset the presence of carbon in the environment. The question is, how do you ensure you’re making a smart decision? 

• BeZero assesses the financial, regulatory, and technical risks related to whether a project will reach the operation stage and publishes their findings.
• All their ratings are constantly monitored to ensure potential investors are updated. 

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👣 Global footprint

Launched in 2022, BeZero now has clients in over 30 countries with their ratings available on over 40 platforms. Yes, including Bloomberg!

• Their carbon markets platform, where users can access ratings, data, and analysis for more than 480 carbon credit projects, has more than 100 corporate subscribers globally including UBS, Sumitomo, and Emirates NBD.

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🔜 What the future holds? 

BeZero will use the $$$ to expand their ratings coverage of domestic and sovereign compliance markets, as well as CORSIA.