Climate Tech Leader nZero Raises $16M in Series A Funding Amid Global Call for More Accurate Sustainability Reporting
RENO, Nev. and LUXEMBOURG, April 18, 2023 /PRNewswire/ -- nZero, the leading near real-time carbon management and accounting platform, today announced that it has closed a $16 million Series A funding round that will enable the company to scale amid a global call for better, more accurate tracking and reporting of energy, financial, and greenhouse gas emissions data across the public and private sectors. The influx of funding arrives as more organizations worldwide strive to use data to implement and reach climate change goals. The round was led by both Fifth Wall—the largest asset manager focused on improving, future-proofing, and decarbonizing the built world—and a national US energy company. Additional investors include Piedmont Capital Investments, Inc. with limited partner Henry Kravis, founder and co-chairman of KKR.