Sweep: Raises $73M in Series B Funding

Sweep Raises $73M in Series B Funding

  • Sweep, a Paris, France-based carbon management platform for large enterprises, raised $73m in Series B funding
  • The round was led by Coatue with participation Tony Fadell’s Future Shape fund, and existing investors
  • The company intends to use the funds to continue to expand operations and its business reach
  • The company provides an all-in-one carbon tool that allows large enterprises to build science-based and data-driven climate programs to reach their carbon goals
  • It measures, tracks, and reduces emissions in one single place all while increasing environmental compliance and anticipating the costs and risks associated with climate change
  • The company currently serves companies like Saint Gobain and JCDecaux
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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