UK-based Datamaran secures €13.3M for its ESG risk management software platform

London-based Datamaran, an ESG risk management software platform, announced on Tuesday, September 20, that it has raised £11.7M (approximately €13.38M) in a Series B round of funding led by US-based Fortive and with the participation from American Electric Power – both long-standing partners and clients. Sandy Nessing, American Electric Power’s chief sustainability officer, says, “The ability to gain deeper insights into ESG and how it affects our business is increasingly important. The ESG landscape is constantly evolving; having access to data-driven information about how and when those changes are occurring allows us to identify emerging issues and trends that could impact AEP. Datamaran’s platform supports monitoring of material ESG issues at any time.”