Novisto Launches European Expansion with $27M Series C
Deal News | May 20, 2025 | White Star Capital
Montréal-based Novisto has successfully secured $27 million in a Series C funding round led by existing investors, primarily supported by White Star Capital, a prominent venture capital and private equity firm. This injection of capital is earmarked for boosting Novisto's presence and operational capabilities in the European market. White Star Capital's participation further emphasizes the continued confidence in Novisto's business model and its potential for growth in the sustainability software domain. The targeted expansion aims to leverage Novisto's market traction and capitalize on the growing demand for comprehensive environmental, social, and governance (ESG) solutions across Europe.
Sectors
- Venture Capital & Private Equity
- Sustainability Software
Geography
- Canada – Novisto is based in Montréal, Canada and is expanding its operations in Europe.
- Europe – The funding will be used specifically to scale Novisto's operations within various European markets.
Industry
- Venture Capital & Private Equity – The article involves a Series C funding round led by a venture capital and private equity firm, White Star Capital.
- Sustainability Software – Novisto operates in the sustainability software sector, offering ESG solutions which are the focus of its expansion efforts.
Financials
- $27 million – The amount raised by Novisto in its Series C funding round to support European expansion.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Novisto | Target Company | Company | Montréal-based company specializing in sustainability software, aiming to expand in Europe. |
| White Star Capital | Existing Backer | Private Equity | A venture capital and private equity firm participating in Novisto's Series C fundraise. |