

By embedding Clarity AI within investors’ daily workflows through Aladdin, we’re collectively able to help more investors construct sustainable and outcome-oriented portfolios over time.” – Samantha Tortora, Head of Aladdin Sustainability at BlackRock.

“Fifth Wall’s Climate Tech Fund is proud to invest in Clarity AI, fueling its continued growth as it brings societal impact to the real estate industry. At Fifth Wall, we are laser focused on helping the real estate industry assess the impact its assets have on the environment and climate change, and the World. Real estate is responsible for 40% of all CO2 emissions, and we believe Clarity AI is a highly strategic and valuable solution for real estate organizations that want to measure and mitigate their contributions to climate change.” – Brendan Wallace, Co-Founder & Managing Partner, Fifth Wall.Ĭlarity AI will use this new capital to continue developing its technology and to expand into new geographies and segments with strategic senior hires in all growth areas, including sales, marketing and partnerships.( Reuters) – Jony Ive, a close creative collaborator with Apple co-founder Steve Jobs whose iPhone and other designs fueled Apple’s rise to a $1 trillion company, will leave later this year to form an independent design company.Īpple said Ive will continue work on its products at his new venture, but shares fell as much as 1.5% to $197.44 in after-market trading, wiping about $9 billion from the firm’s value. Ive spent nearly three decades at Apple, leading the design of the candy-colored iMacs that helped Apple re-emerge from near death in the 1990s to the iPhone, regarded by some experts as one of the most successful consumer products of all time. “It’s the most significant departure of somebody who was a core part of the growth story” under Jobs, said Ben Bajarin, analyst with Creative Strategies. #CLARITY AI VISION FUND JONY IVE SOFTWARE#.So far, more than $30 trillion has been invested in major markets using some form of sustainability strategy, the Global Sustainable Investment Alliance has found.

Softbank's Vision Fund 2 currently has around $40 billion in committed capital from the company and its founder Chief Executive Masayoshi Son. Vision Fund 2 and its predecessor Vision Fund 1 have a reputation for backing companies perceived as leaders in their field by providing large cheques that can enable them to scale quickly.Ĭlarity AI uses big data and machine learning to help clients customise analysis on 30,000 companies, 135,000 funds and 375 countries and local governments. "The social and environmental challenges the world faces and the corresponding economic opportunities unlocked have put impact assessment at the forefront of the minds of investors and organisations." "Our technology shows our clients how their investments and other organisations are impacting the world," Clarity AI founder and Chief Executive Rebeca Minguela said. The latest fund raise comes after BlackRock, the world's biggest asset manager, in January took a minority stake in Clarity AI, with a plan to integrate it into its portfolio management system, Aladdin.Ĭlarity AI has also struck deals with other fund platforms including Allfunds, the world's largest global fund distribution network.Ĭlarity AI said the money raised in the Softbank-led funding round would be used to develop its technology, hire staff and expand into new countries and market segments.
