Zeti, a London, UK and Santa Monica, CA-based provider of financial services technology to manage consumption based EV and infrastructure financing, received an investment from Toyota Ventures, through its Climate Fund.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Led by Dan Saunders, CEO, Zeti acts as a marketplace for institutional financiers to deploy capital into clean, connected vehicle fleets through a pay per mile (or km or kWh) model, managing automated payments and real-time financial and sustainability reporting for financiers and fleet operators via its digital platform, ZERO.
FinSMEs
16/11/2022