GIC Participates in Ecovadis’ $500 Million Round
Posted on 06/14/2022
Ecovadis SAS, a Paris-based business sustainability ratings company, raised US$ 500 million in Series C funding. Astorg and BeyondNetZero led the round and were joined by investors including General Atlantic’s climate investing venture, Singapore’s GIC Private Limited, and Princeville Capital’s Climate Technology Fund.
EcoVadis was formed in 2007 and has constructed a global network of more than 90,000+ rated companies. EcoVadis delivers scorecards and evaluations that help businesses assess their efforts toward creating more sustainable economies.
Goodwin Procter LLP advised EcoVadis on the deal.
In January 2020, EcoVadis raised around US$ 200 million from CVC Growth Partners II.
