Sweden’s sustainability platform Worldfavor raises €10.2M ‘to make sustainable business the mainstream’
Summary
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.
Funding
Amount
$10.2M
Total raised
Date
August 23, 2022
Announcement date
Investors
SEB
Lead investors
Company
-
Funded company
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
Environmental
Social
and Governance (ESG) Software
Linked Companies
Worldfavor AB
$10M to $25M