Inovia Capital, also of Montreal, led the Series C round, with participation from all previous investors, including White Star Capital, SCOR Ventures and Sagard. The investment brings Novisto’s total funding to US$55 million since its founding in 2019. (The Logic)
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Inovia Capital, also of Montreal, led the Series C round, with participation from all previous investors, including White Star Capital, SCOR Ventures and Sagard. The investment brings Novisto’s total funding to US$55 million since its founding in 2019. (The Logic)
Talking point: The startup collects and manages a company’s sustainability data and compares it to industry benchmarks and its competitors. Its customers include Meta, Bombardier, Sanofi, Bell and Emirates Group. Novisto plans to use the money to expand in Europe. The market is potentially more lucrative than the U.S., where President Donald Trump has fuelled a widespread campaign against environmental, social and governance business practices.
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