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Zero Carbon Ventures has raised $5 million in seed funding aimed toward bringing carbon-reducing know-how to the Middle East and North Africa.
It coincides with the appointment of His Highness Sheikh Ahmed bin Mana bin Khalifa Al Maktoum as strategic investor and chairman of the board of administrators.
The twin position not solely underscores Sheikh Ahmed’s dedication in the direction of delivering progressive decarbonisation tasks, but in addition units the stage for the corporate’s intensified drive in the direction of world sustainability execution.
“I initially met Martin and the Zero Carbon team in April this year, and fell in love with their vision. The world now needs people like them to actually get to work on the delivery of these kinds of projects,” mentioned Sheikh Ahmed.
“I hired Zero Carbon to begin work on decarbonising my own Dubai real estate portfolio. I see immense potential in Zero Carbon, and I am eager to guide and do my part in this pivotal journey towards Net-Zero.”
Martin Reynolds, CEO of Zero Carbon, expressed delight at welcoming “Sheikh Ahmed not only as an investor but also as our chairman”.
“His involvement is greater than an endorsement; it is a highly effective union of imaginative and prescient and goal.
“Our ambition has always been to enact tangible change. Our fully established and experienced senior management team, with His Highness by our side, is incredibly well-positioned to drive our sustainability initiatives even further.”
Since its inception in 2022, Zero Carbon has achieved important progress in advancing sustainability initiatives. With a seasoned crew of greater than 20 enterprise leaders, engineers, scientists and programme managers, the corporate is uniquely positioned to assist large-scale organisations and industries to execute tangible emission reductions by way of technological innovation.
