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Stepwise AS Secures NOK 35 Million in Funding

Stepwise AS, an Oslo, Norway-based emissions management platform for the energy sector, has secured NOK 35 million in a funding round.

Ben Murray profile image
by Ben Murray
Stepwise AS Secures NOK 35 Million in Funding

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 

Ben Murray profile image
by Ben Murray

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