Monthly Archives: October 2022

Carbon accounting platform acquired by Sage as ClimateTech heats up

Spherics, a UK-based carbon accounting platform for SMEs to understand and reduce their environmental impact, has been acquired by accounting giant Sage. Terms of the deal were not disclosed but it’s understood Spherics had raised £1.25m in equity financing from angel investors and £300,000 in grants. Spherics was a smaller startup playing in a similar…

Investing platform raises $10M to offer climate investing from a different angle to ESG ratings

Net Purpose, a platform for sustainable investors, has raised £10 million in a Series A round led by ETF Partners, funding which will be used to expand its product and team, says the company. The company is benefitting from a shit to investing in sustainable products. According to the UN Principles for Responsible  Investment, $120…

The pound rallies from a 2-week low after the Bank of England reportedly signals it’s ready to keep buying bonds

Bank of England governor Andrew Bailey. Dan Kitwood/Getty Images The pound is rising after a FT report the Bank of England said it may extend its emergency bond buying. The UK currency fell after the BoE chief told pension funds they had three days to sort out their investments. The bond buying aims to calm…

LIVE: The 50 best Amazon Prime Day Lightning Deals to shop before time runs out

Amazon/Insider Amazon’s second Prime Day of 2022 — the Prime Early Access Sale — is coming to a close tonight. And some of the best saving opportunities are Lightning Deals, which are short-time deals that also have limited availability.  To help you sort through what’s worth buying, throughout the two-day event, we’ll be updating a…