For more than 20 years, Hugo Spowers has been developing zero-emission cars. It’s not only about innovative technology: his vision includes circular business models and an unusual company structure. But is Riversimple – at last – ready to hit the road?
PLUS: Pioneering revenue-based fund launches in Scotland; Back Market raises $335m in “bullish” circular economy market; AU$8m boost for Queensland social enterprises; Dutch trio backs “truly disruptive” AI firm Envision – and more.
Despite the UK's rainy reputation, a sunny future lies ahead for Low Carbon Hub’s Ray Valley in Oxfordshire, set to power 6,000 homes and generate £10m locally, after a hugely popular community share offer and £4.4m loan from Triodos.
The UK’s Social and Sustainable Capital is increasingly backing community renewable energy projects. SASC's Ben Rick explains why he’s excited about this overlooked part of the market – even if such projects aren’t always easy to implement.
PLUS: Croatia’s first social impact fund, $100m financing partnership for emerging market ventures, new ‘repayable grants’ for Scottish environmental businesses, Canada’s MaRS Catalyst Fund rebrands and expands, and more.