Stepwise AS, an Oslo, Norway-based emissions management platform for the energy sector, has secured NOK 35 million in a funding round.
The funds consist of new equity, a convertible loan, and a credit line with a major Nordic bank.
Investors
The company will use the funding to accelerate its growth plans, enhance its product offerings, and expand its reach within the energy sector.
About Stepwise AS
Founded in 2021, Stepwise provides an emissions management platform that empowers companies within the energy sector to monitor and reduce their carbon footprint. They offer a SaaS platform that combines operational performance data, power consumption metrics, and greenhouse gas emissions tracking. The platform integrates seamlessly with existing digital tools, offering precise insights into emissions linked to specific operations. Stepwise has local offices in Norway, the UK, the US, and the UAE.
Funding Details
Company: Stepwise AS
Raised: NOK 35.0M
Round: Unknown
Funding Month: June 2024
Lead Investor:
Additional Investors:
Company Website: https://www.stepwise.no/
Software Category: Emissions Management
Source: https://www.prnewswire.com/news-releases/stepwise-secures-nok-35-million-in-capital-raise-to-fuel-expansion-302175080.html