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Raise will support the data provider’s expansion in the U.S. meeting wider demand for ESG coverage.
Global sustainability data provider Util today announced the closing of a $6 million investment round led by Eldridge. Additional participants in the round, designed to expand global footprint and accelerate hiring needs, include the Luxembourg Stock Exchange (LuxSE), the Chicago Board Options Exchange (CBOE Global Markets), and founding investor Oxford Science Enterprises (OSE).
“We’re delighted CBOE and LuxSE share our vision and look forward to working together to integrate sustainability intelligence into the global financial system,” said Patrick Wood Uribe, Util’s CEO.
“Util’s overarching objective is...
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