Iceberg Data Lab provides a platform that measures and monitors environmental metrics and delivers holistic environmental life cycle analysis of portfolio companies for financial institutions. Its proprietary metrics include Carbon Footprint, Science-Based 2°C Alignment (SB2A), Corporate Biodiversity Footprint (CBF), Positive Contribution and Green Scores. The firm says its platform is used by over 50 major financial institutions worldwide, including Natixis, Solactive, HSBC and Amundi, and that its Corporate Biodiversity Footprint is widely used and recognised as a market standard. The company was launched in 2019 amid rising regulatory pressure (CSRD, EUDR and TNFD) driving demand for higher-quality environmental data. The startup recently closed the first tranche of a Series A and has now raised over $15 million in total. Iceberg plans to deploy the new capital to expand globally (with a focus on the UK), develop its product pipeline and invest in technologies to enhance client solutions.

Total raised

$10M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2024