Normative Raises €31M in Series B Funding
- 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 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
