London’s Carbon Data Provider Sylvera Raises $57 Million In Series B Round, Plans Us Expansion
Jul 18, 2023•over 2 years ago
Amount Raised
$57 Million
Round Type
series b
Investors
9 Yards CapitalFidelity Strategic VenturesLocal GlobeSeedcampSpeedinvestSalesforce VenturesBain & CompanyInsight PartnersIndex VenturesBalderton’s LeadBalderton
Description
London’s carbon data provider Sylvera has raised $57 million in a Series B funding round led by Balderton. The capital is earmarked to bolster the company’s engineering and product teams as it gears up for international expansion into the US market. Since late 2020, Sylvera has raised just over $95 million.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech