Novata raised new financing for sustainability solutions and innovation led by Hamilton Lane, S&P Global, and Motive Ventures.
May 21, 2024•about 1 year ago
Investors
Motive VenturesS&P GlobalHamilton Lane
Description
Novata, a certified B Corp, announced new financing from returning investors Hamilton Lane and S&P Global, and new investor Motive Ventures, which is backed by affiliates of Apollo Global Management. The capital will fuel further enhancements of Novata’s sustainability solutions and will support innovation as the company enters new geographies.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers