BeZero, Carbon Rating Agency, Raises US$32 Million to Scale Operations
BeZero Carbon Raises $32 Million in Series C to Improve Carbon Market Ratings Independent Carbon Rating Agency Expands Operations and Technology
BeZero Carbon, the leading rating agency for voluntary carbon markets, has raised a Series C fund of $32 million. The funding round was led by GenZero, with participation from Japan Airlines and the Translink Innovation Fund, as well as existing backers.
This investment by investors in the agency marks a sign of greater confidence towards the changing nature of global carbon market activities.
Market Overhaul End
BeZero Carbon launched the platform in 2022 to provide comprehensive ratings and analysis of carbon credit projects. There are more than 400 projects analyzed based on climate impact to help investors and businesses make informed decisions. Its customers include some of the biggest names, such as UBS and Emirates NBD.
There was hardly any correlation between the actual climate impact of a project and the price of carbon cre
