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01.10.2024 | Tech and Business News

Atlas Metrics: Making ESG Compliance Effortless in Europe

The Atlas Metrics team

The Atlas Metrics team - © Atlas Metrics

In a rapidly evolving regulatory landscape, Atlas Metrics has emerged as a key player in the Environmental, Social, and Governance (ESG) compliance sector. The company recently announced a significant €12.2 million Series A funding round, led by MMC Ventures with strong participation from existing investors Cherry Ventures, b2venture, and Redstone.

According to a press release from the company, Atlas Metrics provides an all-in-one platform for ESG compliance and sustainability performance management. The B2B platform leverages automation, AI, secure data sharing, and advanced analytics to simplify the process of measuring and communicating organizational impact.

The timing of this funding is crucial, as the European Union is set to implement stringent ESG reporting requirements. By 2025, over 62,500 organizations will be directly impacted by these new regulations, creating a substantial market for compliance solutions.

Atlas Metrics' platform is already gaining traction among major players in the financial sector. KfW Capital, one of Europe's largest investors, has chosen the platform to track its portfolio of over 100 funds and 1,300 portfolio companies. This partnership demonstrates the scalability and effectiveness of Atlas Metrics' solution in handling complex ESG data management tasks.

The company plans to use the new funding to invest in its team, expand into new markets, and further develop its ESG compliance and performance management offering. As businesses across Europe grapple with the challenges of ESG reporting, Atlas Metrics is positioning itself as a key enabler of efficient and effective compliance.

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