Acin, a UK-based data standards firm for digitising operational and non-financial risk, has raised $12m in its series A round from a consortium including Fitch Ventures, the corporate venturing unit of US-based rating agency Fitch Group.

Fitch Group is owned by media group Hearst and its venture unit was formerly known as Hearst Financial Venture Fund. Acin is its first European deal.

Venture capital firm Notion Capital led the A round, which also included angel investors Cris Conde (former president & CEO…

James Mawson

James Mawson is founder and chief executive of Global Venturing.