ESG software maker Datamaran has received a US$33 million financial injection via a Series C funding round. The facility will help accelerate the London-based company’s expansion in the US and build out generative artificial intelligence capabilities.
The latest funding round was led by Morgan Stanley Expansion capital and doubles Datamaran’s total external financial commitments.
Datamaran has almost 200 clients, including JPMorgan, for whom it monitors more than 400 external ESG risk factors.
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