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$6M Series A funding for blockchain startup that helps businesses improve their sustainability

Image credits: Diginex

We all know how big of an impact, companies can have on the world around us. ESG (Environmental, Social and Governance) reporting is a great way to assess this impact and traditionally, a few large organisations with budgets and resources to spare were the ones publishing these reports. However, the pressure to publish ESG reports is mounting on companies of all sizes and it can be difficult for smaller companies. This is where the UK-registered startup Diginex comes in, which aims to make ESG reporting more accessible and mainstream. 

Funding to fuel AI-based SaaS products

Diginex’s offerings are certainly garnering interest as the startup has now raised £5.8 million in its Series A funding round. The funding was led by Fitch Ventures, which is the equity investment arm of Fitch Group. With this, the total amount of funds raised by the company is now over $8 million. 

The startup will utilise these fresh funds to continue the development of its blockchain-enabled SaaS products. Diginex will also hire new talent as it currently employs over 100 people globally and will grow its team over the coming months. ...