Stockholm-based sustainability platform Worldfavor has secured €10.2 million in a Series A funding round led by SEB Private Equity. The funding will be used to fuel growth and and finance the firm’s expansion plans.
Existing investors Brightly Ventures and Spintop Ventures also participated in the round which brings the total raised by Worldfavor top date to €13.4 million.
Worldfavor is a sustainability platform which enables businesses worldwide to easily access, share, and leverage business ESG data – such as GHG emissions, diversity, human rights, anti-corruption and more – to gain insights and make sustainable action possible, both internally and through far-reaching value chains, as well as those of investments. The platform helps its growing network of more than 25,000 organisations understand their impact and risks, fuel action, and stay resilient – customers include Oatly, Oakley Capital and Grant Thornton.
