7/5/2023 0 Comments In one fell sweep![]() “Sweep sits at the key intersection of technology and sustainability. Sweep counts multinational companies including Saint Gobain and JCDecaux amongst its client base and helps them measure, track, and reduce emissions from one intuitive dashboard. In other words, Sweep is hot in a red hot marketplace. Not exactly the same topic, but in the same ballpark, the issue of lip service has become so prevalent that Boston Consulting Group reported, “that over 90% of companies aren’t measuring their emissions accurately and regularly.”Īgain, the topic has become so important, that last year, the then barely two-year-old climate action and carbon management platform Planetly was snapped up by US-based OneTrust for an undisclosed amount, clearly signaling that enterprise companies are taking their ESG responsibilities seriously. Greenwashing, green sheen, whatever you want to call it, has been a problem since the term first appeared in the mid-1980s. Building from raise to raise, Sweep netted $5 million in a seed round around this time last year, took home $22 million in mid-December of last year, and now boasts $100 million in the kitty. ![]() The startup targets large enterprises and helps them meet the growing demand from customers to net-zero sustainability goals. ![]() Montpellier-based carbon management platform Sweep has raised $73 million in a Series B funding round. ![]()
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