News

September 11, 2026

Carbon accounting startup Greenly acquires competitor Normative in €65m deal

The French scaleup says it plans to reach €50m in annual recurring revenues in the next three years

Greenly, the French scaleup building tools to help enterprises track and reduce their carbon emissions, has acquired Swedish competitor Normative. The deal comes amid a climate tech cooldown that has seen funding into carbon accounting startups plummet.

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

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