Normative, a Stockholm, Sweden-based provider of a carbon accounting engine, raised €31M in Series B funding.
The round was led by Blume Equity with participation from Horizons Ventures , Future Five , ETF Partners and 2150.
The company intends to use the funds to expand its service, which is already compliant and audit-ready, to more businesses and provide customers with accurate data on their supply chains to measure and reduce emissions.
Led by CEO Kristian Rönn, Normative provides a carbon accounting engine, that helps businesses calculate their entire climate footprint and reduce their greenhouse gas emissions. Powered by its emissions database, the company aims to set a new standard in scientific accuracy for emissions accounting. The company partners with climate change organizations, including the UN, to deliver actionable sustainability intelligence.
FinSMEs
22/07/2022