Deutsche Börse has led a $15 million investment in Clarity AI, an environmental, social, and corporate governance (ESG) investment platform.
The start-up says Deutsche Börse approached its CEO, Santander’s former digital transformation head, Rebeca Minguela, on LinkedIn to initiate the deal.
Co-investor, Mundi Ventures’, a Madrid-based fund, also took part in the round.
“Our purpose is simple: to measure the impact of companies on our society and planet.”
In the last six months, the start-up claims it has seen a “significant increase in demand” for its services. This includes signing clients with eight times the assets under management as clients it’s signed previously.
The fresh funding will be used to scale-up Clarity AI’s investments in proprietary and artificial intelligence technology. As well as to integrate with “the world’s largest financial services platforms”.
This, the company says, will help to speed up the time it takes investment firms and corporates to … Read the rest
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