Iceberg Data Lab Making Waves in Environmental Data Market

Iceberg Data Lab, a climate data startup, recently announced the successful closure of its Series A funding round, securing a whopping $10 million. Financial institutions are feeling the heat of increasing environmental regulations, with frameworks like the EU's Corporate Sustainability Reporting Directive and the Taskforce on Nature-related Financial Disclosures pushing for more stringent environmental risk reporting. This has created a demand for high-quality environmental data, which Iceberg Data Lab aims to fulfill. The company offers a range of proprietary metrics through its platform, catering to over 50 major financial institutions globally. With key investors like Beringea and AXA Investment Managers on board, Iceberg Data Lab is set to expand its reach and impact in the ESG data market, helping clients align with global environmental goals and drive positive change at scale.