Silicon Canals
TRENDING
  • Mobility
  • AI
  • FinTech
  • Software & SaaS
No Result
View All Result
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Features
    • How-to
    • Knowledge & Insights
    • Guest Contributions
  • Partners
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Scaling-up in Europe
    • Blue Tulip Awards
    • Partner with us
    • Promoted content
  • Jobs
  • About us
    • Partner with us
    • About
    • Team
    • Newsletter
  • Contact
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Features
    • How-to
    • Knowledge & Insights
    • Guest Contributions
  • Partners
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Scaling-up in Europe
    • Blue Tulip Awards
    • Partner with us
    • Promoted content
  • Jobs
  • About us
    • Partner with us
    • About
    • Team
    • Newsletter
  • Contact
No Result
View All Result
Silicon Canals
No Result
View All Result

Paris-based carbon management platform Sweep raises €19.5M to help companies reach net-zero goals

Shivangini Gupta by Shivangini Gupta
December 14, 2021
in (Crowd)funding, News
Sweep

Image credit: Sweep

41
SHARES
LinkedInTwitterWhatsAppFacebook

Paris-based carbon management platform for large enterprises, Sweep, announced on Tuesday that it has raised $22M (€19.5M) in a Series A round of funding. 

Sweep also claims that it is also the highest publicly disclosed Series A round by any carbon management platform.

- Partner content -
EIT Digital
EIT Digital Challenge 2022 is here!
Calling all European deep-tech scaleups for EIT Digital Challenge 2022Show More
Calling all European deep-tech scaleups for EIT Digital Challenge 2022 Show Less
Read more

The round was led by Balderton Capital with participation from New Wave, La Famiglia and 2050. Since its launch in April, the company has raised a total of $27M.

Bernard Liautaud, Managing Partner at Balderton Capital, says, “Sustainability is a huge priority for us at Balderton and Sweep’s mission and vision are perfectly aligned with our Sustainable Future Goals. When we looked at the market, we were incredibly impressed with the strength of Sweep’s team, and the thoughtfulness and maturity of their product. We’re excited to support them as they help companies to effectively take responsibility for their carbon footprints.”

With this development, Liautaud will join Sweep’s board of directors.

Fund utilisation

Sweep claims the newly raised funds will enable the company to develop its platform to meet the high demand of prospective customers who want to use their services.

Rachel Delacour, CEO and co-founder of Sweep, says, “Reporting direct emissions is just the tip of the iceberg for the world’s largest corporations. Sweep connects large enterprises with their entire network of business partners, staff, and suppliers to get a complete overview of their direct and indirect emissions.”

“Our enterprise-grade tool is here to make carbon data collection, security and analysis seamless and automated, so companies focus on reducing their carbon footprint and contributing to global net-zero efforts,” she added.

About Sweep

Founded in 2020 by Rachel Delacour and Nicolas Raspal, with a commercial launch in April, 2021, Sweep helps companies to make a carbon programme to cut emissions and meet their net-zero target. 

Its platform allows individuals associated with an organisation such as employees, suppliers, and partners, to record their carbon emissions in one place. 

It also automates the process of data collection, security and analysis. This lets stakeholders visualise the impact of their carbon emission on the environment and companies, and take efforts to reduce it.

Sweep claims to be working with FTSE 500 companies, each responsible for 30-50 MtCO2e of carbon emissions per year. It helps them create a climate program that responds to the climate emergency and anticipates any upcoming sustainable reporting regulations.

In December, Sweep was one of the companies selected to present at COP26 at the UK Cabinet’s Tech for Our Planet programme. For this, Sweep worked with French investment bank Bpifrance to measure the footprints of two companies it’s investing in: telecommunications firm Orange and education tech company Openclassrooms.

 - Partner content -
How cybersecurity scaleup Intigriti conquered the world?
How cybersecurity scaleup Intigriti conquered the world?
Catch our interview with Paul Down, Head of Sales at Intigriti.
Catch our interview with Paul Down, Head of Sales at Intigriti. Show Less
Read more
Tags: featuredfundingnewsParis
Share3Tweet10SendShare16

Partner content | Work with us

Tokenisation is the future of the financial services industry, and Luxembourg’s Tokeny is at the helm of this change

Copilot for growers: Source.ag’s Rien Kamman explains how it helps growers increase their fresh produce with AI

Waste problem is complex, but Seenons has a solution: CEO and co-founder Joost Kamermans explains the plan

Want to scale your business in Germany and Europe? Here’s how the Scaleup Landing Pad Hamburg can help

Is your deep tech scaleup aiming high? The EIT Digital Challenge 2022 can get you there

Silicon Canals | Jobs


Breaking news from Amsterdam | Partner

Founders on funding: Greener Power Solutions’ founders on their effort to reduce CO2 footprint and raising funds to support it

Founder in Residence: Slimmer AI’s Daniela Redondo Vélez on how it aims to help founders early in their dream to build new age B2B AI solutions

Amsterdam and Paris-based Trezy bags €1M, opens European headquarters in the Dutch capital

Amsterdam’s Just Eat Takeaway made progress towards profitability in H1 2022: Report

Advertisement

  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy Policy
  • Cookie Policy (UK)
  • Cookie Policy (EU)
  • Terms & Conditions Silicon Canals

Silicon Canals 2014-2022 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Features
    • How-to
    • Knowledge & Insights
    • Guest Contributions
  • Partners
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Scaling-up in Europe
    • Blue Tulip Awards
    • Partner with us
    • Promoted content
  • Jobs
  • About us
    • Partner with us
    • About
    • Team
    • Newsletter
  • Contact

Silicon Canals 2014-2022 | Website: Bright Idiots

Stay updated with the Silicon Canals daily and weekly newsletters.
We promise we won't spam you. You can choose to unsubscribe anytime.
Stay updated with the Silicon Canals daily and weekly newsletters.
We promise we won't spam you. You can choose to unsubscribe anytime.
Silicon Canals
Manage your privacy

To provide the best experiences, we and our partners use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us and our partners to process personal data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.

Click below to consent to the above or make granular choices. Your choices will be applied to this site only. You can change your settings at any time, including withdrawing your consent, by using the toggles on the Cookie Policy, or by clicking on the manage consent button at the bottom of the screen.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Statistics

Marketing

Features
Always active

Always active
Manage options Manage services Manage vendors Read more about these purposes
Manage options
{title} {title} {title}
X
X