Deutsche Börse has led a $15 million investment in Clarity AI, an environmental, social, and corporate governance (ESG) investment platform.
The start-up says Deutsche Börse approached its CEO, Santander’s former digital transformation head, Rebeca Minguela, on LinkedIn to initiate the deal.
Co-investor, Mundi Ventures’, a Madrid-based fund, also took part in the round.
“Our purpose is simple: to measure the impact of companies on our society and planet.”
In the last six months, the start-up claims it has seen a “significant increase in demand” for its services. This includes signing clients with eight times the assets under management as clients it’s signed previously.
The fresh funding will be used to scale-up Clarity AI’s investments in proprietary and artificial intelligence technology. As well as to integrate with “the world’s largest financial services platforms”.
This, the company says, will help to speed up the time it takes investment firms and corporates to … Read the rest
Pets at Home joins supermarkets and B&M in opting not to repay rates relief despite staying open during Covid crisis
Here’s another name to add to the list of retailers who will keep their relief on business rates – thanks very much, dear chancellor – even though their stores were open during lockdown.
It’s Pets at Home, which joins all the big supermarket chains and discount merchant B&M in the brazen bracket. There were mitigating factors in Pets at Home’s case – for example, it stopped the sale of pets for a while to discourage outings to its “free zoos” – but a 5% rise in half-year revenues says help from the public purse wasn’t necessary.
The 2021-22 application for a Knight-Bagehot Fellowship at the Columbia University Graduate School of Journalism is now open. The deadline for completing the application, in its entirety, is Jan. 31, 2021. The Knight-Bagehot Fellowship...
David Mattson, President and CEO of Sandler Training and 6-time Author, talks about his Wall Street Journal and BusinessWeek best-selling book, The Sandler Rules: 49 Timeless Selling Principles and How to Apply Them.