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While they haven’t joined the lawsuit formally, several institutional investors in Shell (including large UK and French pension funds) have publicly voiced their support for the lawsuit. Insurance companies are beginning to formalise their approach to incorporating ESG risk into their underwriting processes across lines of business.
But although the UK is fast becoming a factory for these innovative businesses, 48 per cent of funding still comes from outside Europe, the vast majority from US-based investors. This year, the firm raised $1bn in series D funding. #2 In 2020, Revolut raised $580m (£444m) in series D funding. #3 Which sectors are trending?
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