BeZero Carbon Secures $32 Million Series C Funding to Advance Carbon Ratings

BeZero Carbon, a London-based global carbon ratings agency, has successfully raised $32 million in a Series C funding round to further expand its carbon ratings services. This funding brings BeZero's total raised to over $104 million, solidifying its role as a transformative player in the voluntary carbon market. With an innovative framework, BeZero provides independent ratings for carbon credits, reflecting their impact on CO2 avoidance and removal. The company's rating scale, ranging from AAA to D, is increasingly influential in pricing carbon credits, demonstrating a 40 percent premium per rating notch by 2025. BeZero's services, used by over 100 corporate subscribers including major global firms, span 30 countries and offer analysis on 480 carbon credit projects. The investment will fuel expansion into compliance carbon markets, enhancing BeZero's impact on global carbon strategies with contributions from new and existing investors like GenZero and Japan Airlines. The move underscores a growing trend towards independent, quality-based carbon market assessments, driving progression towards net-zero emissions.