Industrial Thought invests £100k in Integrum ESG to provide transparent sustainability data for wealth managers.
"We’re delighted to partner with Industrial Thought and its group company Financial Software Ltd. to serve the private wealth management industry better. Wealth managers are now facing regulatory pressures to consider their clients’ sustainability preferences, as well as demand from clients to receive a sustainability assessment within their regular investment reports. The ESG ratings used by many wealth managers are completely opaque, creating a risk of greenwashing claims. We look forward to working with the team to broaden access to our one-stop, easy-to-understand, affordable ESG solution."
The company has raised funds from backers including Scottish Enterprise and Capital for Colleagues to support the commercial release of its HELIX suite.
"I am delighted and honoured to be taking on the chairmanship for Bright Ascension at this very exciting point in time and looking forward to helping steer the company towards a very successful future"
The funding was provided by angel investors including Lord Stanley Fink.
"We are excited to bring wholesale travel and premium unique lifestyle benefits to our users, while with every booking we give back to a charity of their choice."
The round drew participation from investors including Circular Innovation Fund, Katapult, and Joyance Partners to accelerate commercialisation.
"The global movement towards plant-based alternatives has experienced exceptional growth in recent years with a reshaping of entire industries such as meat and dairy. The same opportunity exists within colourants, driven by a common interest of consumers, brands and regulators to transition to fully sustainable, biodegradable, circular products. Most brands are committed to eliminating synthetic chemicals from manufacturing processes altogether. Our plant-based materials can be grown and sourced locally in a complete rethink of how colours are currently being manufactured while reducing transport emissions. The industrial applications for Sparxell’s products are broad, from cosmetics and textiles to paints and packaging"
