Normative
The world’s first emission accounting engine
Normative has raised €41M across 2 funding rounds from 8 investors, most recently a Series B round in Jul 2022. Based in Stockholm, Sweden; active in Cleantech and Software. Data as of 28 Oct 2026.
Stockholm, Swedennormative.io ↗
Total raised
€41M
€41,000,000
Funding rounds
2
Investors
8
distinct backers
Active since
2021-10
latest 2022-07
Funding by year
EUR raised per yearNormative — funding by year — interactive chart.
Data table
| Normative — funding by year | |
|---|---|
| 2021 | €10M |
| 2022 | €31M |
Signals
High confidenceRaise-next likelihood10
base rate 48% for Series B
- ▼ Past typical raise window
- ▲ Up-round momentum
- ▼ Low backer re-investment
Exit likelihood10
base rate 11% (2+ rounds)
- ▲ €30M+ raised
- ▲ 5y since founding (typical exit age)
- ▼ No recent equity round (debt-only or quiet)
Timing: overdue vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
2 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2022-07-21 | Series B | €31M | 2150 VC,Blume Equity,ETF Partners,Future Five,Horizons Ventures | View deal → |
| 2021-10-06 | Series A | €10M | byFounders,ETF Partners,Lowercarbon Capital,Luminar Ventures | View deal → |
Investors
8Acquisitions
1- EIVEE2024
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