About NetZero
NetZero is a company based in Paris (France) founded in 2021 by Pedro De Figueiredo, Olivier Reinaud, Axel Reinaud, and Aime Njiakin. It operates as a Green Energy-as-a-Service, and Product-as-a-Service. NetZero has raised $38.89 million across 3 funding rounds from investors including L'Oréal, CMA CGM and INNOVX. NetZero offers products and services including Biochar and Sustainable Agriculture Solutions. NetZero operates in a competitive market with competitors including Solugen, Vaulted Deep, Arborea, Living Carbon and BluumBio, among others.
- Headquarter Paris, France
- Founders Pedro De Figueiredo, Olivier Reinaud, Axel Reinaud, Aime Njiakin
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Sectors
Environment
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Email
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Phone
*********
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Website
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Social
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- Legal Name Netzero S.A.S.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$38.89 M (USD)
in 3 rounds
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Latest Funding Round
$7.59 M (USD), Series A
Oct 31, 2024
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Investors
L'Oréal
& 4 more
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Employee Count
Employee Count
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Products & Services of NetZero
NetZero offers a comprehensive portfolio of products and services, including Biochar and Sustainable Agriculture Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Biochar is used for high-permanence carbon removal solutions.
Solutions are provided to enhance sustainable agricultural practices.
Funding Insights of NetZero
NetZero has successfully raised a total of $38.89M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7.59 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $7.6M
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First Round
First Round
(07 Feb 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2024 | Amount | Series A - NetZero | Valuation | Innov-X Systems |
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| Mar, 2024 | Amount | Series A - NetZero | Valuation |
investors |
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| Feb, 2023 | Amount | Series A - NetZero | Valuation | L'Oréal , CMA CGM |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NetZero
NetZero has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include L'Oréal, CMA CGM and INNOVX. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment and collaboration in mobility innovation are facilitated by Stellantis Ventures.
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Founded Year | Domain | Location | |
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Infrastructure fund focused on energy, telecom, transport, social infra, and wastewater sectors
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Founded Year | Domain | Location | |
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Internet first brand of skin & hair care, and makeup products for men and women
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NetZero
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NetZero
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Netzero Comparisons
Competitors of NetZero
NetZero operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Solugen, Vaulted Deep, Arborea, Living Carbon and BluumBio, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sustainable bio-based chemicals are manufactured using a proprietary platform.
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| domain | founded_year | HQ Location |
Organic waste is injected underground for permanent carbon removal.
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| domain | founded_year | HQ Location |
Cultivation technology is used to produce healthy food ingredients.
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| domain | founded_year | HQ Location |
Biotechnology is used to enhance trees' carbon storage capabilities.
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| domain | founded_year | HQ Location |
Bio-based technologies for remediating soil, air, and water are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Netzero
Frequently Asked Questions about NetZero
When was NetZero founded?
NetZero was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is NetZero located?
NetZero is headquartered in Paris, France.
Who is the current CEO of NetZero?
Axel Reinaud is the current CEO of NetZero. They have also founded this company.
Is NetZero a funded company?
NetZero is a funded company, having raised a total of $38.89M across 3 funding rounds to date. The company's 1st funding round was a Series A of $11.82M, raised on Feb 07, 2023.
What does NetZero do?
NetZero is engaged in providing biochar solutions for high-permanence carbon removal in tropical regions. The company is committed to improving soil quality and agricultural yields while reducing fertiliser use. Operations are centered on sustainable agriculture, rural development, and renewable energy co-generation. Challenges like climate change, sustainable farming, and local economic growth are addressed through certified carbon removal projects and partnerships with top clients.
Who are the top competitors of NetZero?
NetZero's top competitors include Solugen, Vaulted Deep and Living Carbon.
What products or services does NetZero offer?
NetZero offers Biochar and Sustainable Agriculture Solutions.
Who are NetZero's investors?
NetZero has 5 investors. Key investors include L'Oréal, CMA CGM, INNOVX, STOA, and Stellantis Ventures.