Levelup, a Singapore-based climate tech startup, acquired Zevero, a London, UK-based provider of a decarbonisation platform.
The multi-million-pound deal will see the two companies merge under the Zevero brand and expand operations across Asia, Europe and the U.S., accelerating Zevero’s access to the global carbon accounting market.
The acquisition will see the two companies merge under the Zevero brand and expand operations across Asia, Europe and the U.S.
Founded in 2020 by Ben Richardson and George Wade, Zevero provides a software platform that uses AI-driven carbon modelling, automated emissions calculations and real-time analytics to help companies within the fast-moving consumer goods (FMCG) industry to accurately measure, manage and reduce their carbon footprint across their entire supply chain.
Shigeo Taniuchi will be the incoming CEO of Zevero – previously of Levelup. Through the acquisition, Ben Richardson and George Wade will remain actively involved as Co-Founders – together with Taniuchi and serial entrepreneur Yuya Kuratomi – and will be responsible for driving Zevero’s product roadmap and growth initiatives. Zevero’s diverse leadership team will integrate Levelup’s presence and network in Asia to accelerate the expansion and impact of Zevero.
FinSMEs
16/04/2024