GenZero led a $32m Series C round in BeZero Carbon.

GenZero, a decarbonisation-focused global investment firm, led a $32m Series C round in BeZero Carbon, a carbon ratings agency, with participation from Japan Airlines and Translink Innovation Fund, EDF Pulse, Hitachi Ventures, Illuminate Financial, Intercontinental Exchange, Molten Ventures, Qima and Quantum Innovation Fund. “Securing a Series C in the current climate is a huge vote of confidence in our brilliant team and independent carbon ratings. We wouldn’t be where we are today without the support of our fantastic customers who now more than ever rely on our ratings. The funds will allow us to sustain our pace of innovation and expand our ratings coverage to compliance carbon markets, such as Article 6 and CORSIA, and the voluntary carbon market,” Tommy Ricketts, BeZero Carbon CEO and Co-Founder.