# Normative.io funding: rounds and investors

> Normative.io has raised $32M across 1 round since 2022. Investors include Lowercarbon Capital, ByFounders and Luminar Ventures. Every round with its source.

Source: https://millionrounds.com/company/normative-io (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Normative.io*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Professional Services

Funding summary Updated 26 Oct 2026

**$32M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series B, $32M Jul 2022
- **Investors:** 4

See who backed them

## The rounds

- **Jul 2022** Series B **$32M** [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) [ByFounders](https://millionrounds.com/fund/byfounders) [Luminar Ventures](https://millionrounds.com/fund/luminar-ventures) [ETF Partners](https://millionrounds.com/fund/etf-partners-the-environmental-technologies-fund) Source recorded

## Everyone who backed them

[Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) VC firm **1** round

[ByFounders](https://millionrounds.com/fund/byfounders) VC firm **1** round

[Luminar Ventures](https://millionrounds.com/fund/luminar-ventures) VC firm **1** round

[ETF Partners](https://millionrounds.com/fund/etf-partners-the-environmental-technologies-fund) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=normative-io).

## Quick answers about Normative.io

### Who invested in Normative.io?

Normative.io's investors include Lowercarbon Capital, ByFounders, Luminar Ventures and ETF Partners.

### How much has Normative.io raised?

Normative.io has raised $32M across 1 round since 2022.

### When did Normative.io last raise?

Normative.io's most recent round was a Series B of $32M in Jul 2022.

### What was Normative.io's biggest round?

Its most recent round, $32M in Jul 2022, is also its largest on record.

### Who backed Normative.io first?

Normative.io's first round on record, in Jul 2022, was backed by Lowercarbon Capital, ByFounders and Luminar Ventures and 1 others.

### What stage is Normative.io at?

Normative.io's latest named round is a Series B, in Jul 2022.

### Where is Normative.io based?

Normative.io is based in Sweden.

## Companies like Normative.io

In the same sector, and raised in the last eighteen months.

[**Mindler** $13M · Aug 2025](https://millionrounds.com/company/mindler)[**Instalco** $360M · Jun 2025](https://millionrounds.com/company/instalco)[**Greenzo Energy** $15M · Oct 2026](https://millionrounds.com/company/greenzo-energy)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**Qualitate** $32M · Oct 2026](https://millionrounds.com/company/qualitate)

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