Wednesday, January 12, 2022

Aspiration Buys Carbon Insights

Los Angeles-based Aspiration said this morning that it has acquired Carbon Insights, a climate technology developer which helps consumers translate what impact their spending behavior and transactions have on carbon and climate change. According to Aspiration, it will integrate the Carbon Insights technology into its existing offerings. Financial details of the acquisition were not announced. Carbon Insights was founded in March of 2020, as a Public Benefit Corporation. Aspiration is led by CEO and co-founder Andrei Cherny. The company is currently in the midst of a SPAC (Special Purpose Acquisition Company) deal, which would make it a public company on the NYSE.