Climatetech

Cashing in on Carbon: Zuno zooms into a greener future with $2.5M

July 27, 2023
Zuno executive team (left to right) Jon Adams, Hari Nair, Tao Zhang, and Jason Wong. Image from Zuno

You have emissions. Zuno can help you reduce them! This Singapore-based startup helps companies track their direct and indirect carbon emissions and reduce them using data-driven strategies.

  • Following up on a pre-seed round in June 2022, they just raised a $2.5M seed, bringing their total amount raised to over $3M.

Investor check. Wavemaker Partners led the round, which included participation from SEEDS Capital and Blue InCube Ventures.

🌫️  Easy to emit, hard to reduce

It’s difficult to track your emissions accurately — especially indirect emissions like purchased electricity, business travel or supply chain emissions.

A survey found that:

📈  Data collection

Say goodbye to old, inconvenient hardware and all its maintenance costs. Say hello to one of Zuno’s products — PEMS.ai. This deep learning software tracks your emissions on a granular level, and it:

  • Saves time and keeps your data end-to-end encrypted
  • Is 90% less expensive
  • Upholds 95% accuracy
  • Generates audit-ready reports accessible on any device (get notifications too!)

🔢  Crunching numbers

Don’t know what to do with your data? Zuno's Veridis uses AI to pinpoint a company's improvement areas, like a blood test.

  • Built on decades of expertise, it offers specific, cost-assessed recommendations beyond just telling you to switch to LED lights!

By capturing a company’s operational data, Veridis helps track direct and indirect emissions down to the granular level.

  • This allows them to customize more appropriate decarbonization recommendations
  • The data is also displayed on sustainability reports based on current global frameworks

Veridis has consulted companies in oil, gas, logistics and real estate.

🥬 Green Gains

Zuno’s platforms have been used by companies in Singapore, Malaysia and Saudi Arabia. With the new $$$, they will enhance sales and marketing, and introduce new features to make compliance easier!

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