- Second slug… The €2.5 million ($3.1 million) raise is additional to the company’s €1.65 million raise ($1.78 million at the time) a year ago.
- The combined financing was backed by... Paris-based Energy Access Ventures, PYMWYMIC, Factor(E) Ventures, and the Doen Foundation and the Montpelier Foundation.
- Rapid fire... BioCarbon Engineering relies on drone- and satellite-data to identify locations in need of replanting. Drones plant trees by rapidly firing seedpods into the ground.
- A greener picture... BioCarbon Engineering’s technology can change landscape management.
Community bonds can support local job creation, community regeneration and improve local services. Edinburgh-based Scottish Communities Finance wants average investors to participate. The organization is partnering with Scotland’s Social Enterprise Networks to develop a fund to issue community bonds that individuals can buy for as little as £50 ($67). Proceeds will finance loans for local
Dolphin Living has raised a bond for affordable housing in the wake of the Grenfell fire. The housing charity raised £25 million ($31.8 million) within two days of listing the bond on the London Stock Exchange. It follows the deadly fire in London’s Grenfell public housing complex that exposed the poor and sometimes dangerous living conditions
The prospectus for one of the world’s first publicly listed impact investment companies has a long list of risk factors that would be daunting — if they weren’t much like the risk factors for all other initial public offerings. Indeed, the IPO prospectus for the Impact Investment Trust PLC, which will be listed on the London Stock
The Economist magazine put on its second impact investment gathering in a London still reeling from this week’s Grenfell Tower fire and recent terrorist attacks. Takeaways from the event: “Increasingly ‘impact’ is a measure of externalities embedded. So in the future all investing will be impact,” said Rodney Schwartz, CEO of ClearlySo, a London-based impact