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