ImpactAlpha, September 8 – German automaker Daimler has issued a €1 billion ($1.2 billion), 10-year bond to transition to clean cars. Daimler’s bond follows a €500 million issuance from Spain’s Banco de Sabadell last week. In other firsts, Germany and Sweden both floated their first sovereign green bonds last week. Germany raised €6.5 billion with
ImpactAlpha, September 8 – A new venture from California-based agtech company Farmers Business Network is tracking the carbon footprint of grains. GRO Network’s aim is to help regenerative farms get premium pricing for sustainably grown crops and connect with buyers like Unilever and biorefinery Poet. “The end result of this shared effort is to both accelerate
ImpactAlpha, September 1 – D.C.-based nonprofit Halcyon recently launched an angel network for residents of the D.C. metro area to invest in impact startups. The network’s first two investments are a $400,000 commitment to MajorClarity, an edtech startup focused on remote learning, and $230,000 for community solar startup Solstice. Halcyon has been incubating D.C.-area startups
ImpactAlpha, September 1 – Boston-based Raptor Maps is helping rooftop solar companies scout and monitor installation sites by collecting and analyzing aerial data from drones, scoping out issues like tree cover and panel damage. “Our mission is to build software that enables the solar industry to scale,” said Raptor’s Nikhil Vadhavkar. The company’s Series A
ImpactAlpha, August 31 – Quito-based INSOTEC provides loans and credit to Ecuador’s micro-business owners and smallholder farmers. Its $58 million loan book serves roughly 18,000 borrowers. A $3 million investment from the Agri-Business Capital Fund, or ABC Fund, will aid farmers in the COVID recovery (see, “Emerging markets Agri-Business Capital Fund secures €50 million“).