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Synopsis
Inovia Capital, a private equity firm, led a $27m Series C round in Novisto, a Canada-founded sustainability reporting software company, with participation from White Star Capital, SCOR Ventures, and Sagard. “We have seen that forward-thinking leaders are not waiting for full policy clarity to act on sustainability reporting and ESG compliance: they are acting now. The market demands it of a leading organisation, and it encourages transparent, accurate, and decision-grade sustainability information. We see a huge and growing global opportunity in front of us, underpinned by our current momentum, and spearheaded by senior leaders at global companies who are committed to making their businesses more resilient and sustainable," Charles Assaf, Novisto CEO and Co-founder.
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