Berlin-based Atlas Metrics, an ESG (Environmental, Social, and Governance) data platform, has raised €12.2 million in a Series A funding round led by MMC Ventures. Other participants include b2venture, Cherry, and Redstone. The fresh capital will be used to expand the company’s team, enhance its product offerings, and enter new markets, aiming to simplify ESG compliance for businesses globally.
Founded by Wladimir Nikoluk, Atlas Metrics offers an all-in-one platform that automates ESG compliance and sustainability performance management using AI and advanced analytics. The platform simplifies the complex process of ESG reporting, helping organizations measure and communicate their impact efficiently. By leveraging automation and secure data sharing, the company empowers companies to meet new regulatory requirements while turning sustainability data into a competitive advantage.
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Strategic Partnerships and Growing Client Base
The german startup has already secured significant partnerships, including KfW Capital, which uses the platform to track over 100 funds and 1,300 portfolio companies. Additionally, up to 700 banks and their customers, via DG Nexolution, now have access to the platform. Leading consultancies such as PwC Belgium and TK Moore have also integrated Atlas Metrics into their sustainability services, further extending its reach.
Investors See Major Growth Potential
Oliver Richards, Partner at MMC Ventures, emphasized that the ESG Data Platform is leading the charge in helping businesses achieve greater transparency and accountability in ESG practices. Richards praised the platform’s comprehensive data and analytics capabilities, which not only streamline compliance but also assist organizations in making informed, strategic decisions.
