What is Normative?
Normative operates as a sophisticated emissions accounting engine and insights platform, enabling businesses to meticulously track their supply chain emissions. Based in Stockholm, Sweden, the company provides critical data and analytics for companies aiming to understand and reduce their environmental footprint. Its platform is designed to offer granular insights into emissions across complex supply chains, empowering organizations to make informed decisions regarding sustainability initiatives and regulatory compliance.
How much funding has Normative raised?
Normative has raised a total of $41.6M across 2 funding rounds:
Series A
$10M
Series B
$31.6M
Series A (2021): $10M with participation from ETF Partners and Lacuna 2150
Series B (2022): $31.6M led by ETF Partners, 2150, Horizons Ventures, Blume Equity, and Future Five
Key Investors in Normative
ETF Partners
ETF Partners is a venture capital firm that supports entrepreneurs and management teams with capital and experience, focusing on technology companies that drive sustainability through innovation. They are known for investing in solutions that make a tangible difference in environmental impact.
Horizons Ventures
Horizons Ventures is an investment firm that focuses on deep science and technology aimed at advancing humanity. They support innovative projects with the potential for transformative change, particularly in sectors that can lead to a significantly improved future.
Blume Equity
Blume Equity LLP is a European climate tech partner dedicated to promoting sustainability and environmental impact. They focus on investing in climate technology and sustainable practices, aiming to support initiatives that contribute to a healthier planet and people.
What's next for Normative?
With the recent major strategic investment, Normative is poised for accelerated expansion and product development. The company's focus on supply chain emissions accounting places it at the forefront of corporate sustainability efforts. Future growth is likely to involve enhancing its platform's analytical capabilities, expanding its market reach into new geographical regions, and forging deeper partnerships with enterprises seeking robust ESG (Environmental, Social, and Governance) reporting solutions. The substantial backing suggests a strong market demand for transparent and actionable emissions data.
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