STOA completed the €18m investment in NetZero.

STOA, an investment company focusing on infrastructure and energy projects, completed the €18m investment in NetZero, a company neutralizing carbon emissions using biochar. “We are happy to welcome STOA among our shareholders and to see an infrastructure fund committing to the large-scale deployment of biochar. This transaction is an important step towards the concretization of several of our objectives and, together, we will bring solutions to address some of the major stakes that developing countries currently face,” Axel Reinaud, NetZero Co-founder and CEO.