SWEEP RAISES $73M SECTION B FUNDING

Sweep Raises $73M in Series B Funding.

• Sweep the Paris French-based carbon management system for large corporations has raised $73m in Series B financing.
• Coatue managed this round with Tony Fadell’s Future Shape fund and existing investors.
• The company plans to make use of the funds to expand its operations as well as its reach in the business world.
• The company offers a complete carbon tool that permits large corporations to create climate programs based on data and science to meet their carbon targets.
• It monitors, measures, and reduces emissions from the same place while enhancing environmental compliance and predicting the risks and costs that come with climate change.
• The company currently works with companies like Saint Gobain and JCDecaux.

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