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Iceberg Data Lab secures $10M in Series A funding round led by Beringea to expand global presence and enhance client solutions.

Apr 03, 2024over 1 year ago

Amount Raised

$10 Million

Round Type

series a

Financial Services

Investors

Axa Investment ManagersMaif AvenirBeringea

Description

Iceberg Data Lab announces the first close of its Series A funding round at $10M, led by Beringea, along with additional funding from MAIF Avenir, AXA Investment Managers, and other existing investors. The funding, totaling over $15M, will be used to expand the company's global presence, develop its product pipeline, and invest in enhancing client solutions.

Company Information

Company

Iceberg Data Lab

About

Iceberg Data Lab (“IDL”) is a leading provider of climate and biodiversity data solutions for financial institutions. Its science-based datasets and products support the global financial community in responding to regulatory frameworks around environmental risk reporting.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech