Stockholm-based Worldfavor, a global platform for sustainability and compliance information and management, announced on Tuesday that it has raised €10.2M in a Series A round of funding to accelerate growth and expansion plans. The company has now raised a total of €13.4M to date.
The round was led by SEB Private Equity, a Swedish finance company that offers advisory services and products to corporate customers and is a part of the Nordic corporate bank SEB.