Zero Carbon Ventures in the UAE secures $5 Million in Seed Funding

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Zero Carbon Ventures in the UAE secures $5 Million in Seed Funding
©  Zero Carbon Ventures

Zero Carbon Ventures is pleased to welcome Sheikh Ahmed Mana Khalifa Al Maktoum from the UAE as a strategic investor and Chairman.

UAE waste management firm Zero Carbon Ventures has announced the appointment of prominent Emirati businessman and member of Dubai’s ruling family, Sheikh Ahmed Mana Khalifa Al Maktoum, as its strategic equity investor and chairman of the board of directors. Additionally, the company has successfully closed its seed investment round, securing $5 million in capital. This investment will play a crucial role in advancing the company’s mission of promoting sustainable development, not only through COP28 but also in the future.

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Innovation and Vision for Decarbonization by Zero Carbon

Zero Carbon Ventures is at the forefront of decarbonization innovation, bringing transformative technologies to large-scale decarbonization projects.

The company highlighted that the involvement of His Highness Sheikh Ahmed Mana Khalifa Al Maktoum not only demonstrates his dedication to supporting Zero Carbon’s mission of delivering innovative decarbonization projects but also signifies the company’s heightened commitment to global sustainability initiatives on a substantial scale.

Martin Reynolds, CEO of Zero Carbon Ventures, emphasized that Sheikh Ahmed’s engagement represents more than just an endorsement; it signifies a powerful alignment of vision and purpose. He emphasized that the company’s experienced senior management team, now complemented by His Highness, is exceptionally well-equipped to drive their sustainability initiatives to new heights.

Regarding his new role, Sheikh Ahmed expressed his admiration for Zero Carbon’s vision, emphasizing the urgency of executing projects that address the world’s pressing sustainability challenges.

Sheikh Ahmed further disclosed that he has enlisted Zero Carbon to initiate the decarbonization of his Dubai real estate portfolio.

As the highly anticipated COP28 approaches in Dubai Expo City, Zero Carbon is preparing to play a prominent role in global sustainability discussions and actions. The company, led by seasoned industry experts with over 150 years of collective experience in the region, maintains offices in Masdar City and Abu Dhabi Global Markets. Its focus revolves around investing in and applying innovative technologies to combat waste and pollution across four vital areas: waste, water, energy, and materials.

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