Member News | Spherics wins coveted net-zero award from Tech Nation

SETSQUARED BATH MEMBER Spherics achieves national recognition as Tech Nation ‘Rising Star Net-Zero’ 2021 award winner.

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Congratulations to South West based tech start-up, Spherics, who has been awarded the coveted Tech Nation ‘Rising Stars’ award as the national winner in the ‘Net-Zero’ category. Spherics have taken part in both our Sustainable Technologies Business Acceleration Hub and the Digital Innovation Business Accelerator Hub.

The Rising Stars competition is the only national tech scaleup competition in the UK, designed to showcase the most exciting companies at Seed to pre-Series A investment stage. The winners have been selected through a rigorous competition process, with more than 330 applications received. Expert judges selected 10 ‘Rising Stars’ and 2 winners for specific award categories - environmental and diversity. Applicants are recognised on a regional and national level, and in the regional stages, Spherics was selected as the South West winner for its pioneering platform designed to help SMEs effectively benchmark and tackle their carbon emissions and environmental footprint.

Spherics dazzled the judges and went on to be chosen as the national winner of the ‘Rising Star Net-Zero’ award. The accolade recognises the best net zero company in the competition and the category represents the best of climate tech.

Spherics’ innovative platform is designed to help SMEs track, reduce and balance their environmental impact. This accessible tool for environmental reporting and management fills a gap in the market for simple, powerful and affordable tools that empower SMEs to monitor and reduce their emissions - a process that can often be time-consuming, complex and expensive. The Spherics platform links to popular cloud-accounting service providers (Xero, Quickbooks, Sage) and uses transactional data to provide a carbon footprint assessment.

Companies can then track and monitor their environmental impact over time and set goals for future reductions. The platform then combines research findings with user-data to provide strategies for reducing emissions and powerful insights to illuminate the road to net-zero business. By taking a data-led approach, the platform offers business users a simple system to thrive in a climate-conscious world and demonstrate commitment to environmental protection.

The award marks a significant progression for the team and the journey ahead. Focusing on SMEs, free pre-public launch registration is open for Spherics’ public beta launch due for May. Businesses can apply to be involved in the programme by completing a short online form on the Spherics website. All registered businesses will be offered free analysis of their carbon impact.

All not-for-profit and registered charitable organisations will be able to access the platform free, for life. There will then be a subscription charge for companies registering following the planned open launch in May 2021.

George Sandilands, co-founder of Spherics commented; “We are delighted to have won this prestigious award that recognises the best tech startups across the country. It recognises our mission to help SMEs take the lead in becoming better sustainable businesses. As the impact of companies on the environment continues to be high on the national agenda, it is only a matter of time before smaller businesses will also need to demonstrate their environmental impact to prospective customers and clients. Spherics is leading the way for making this an efficient and easy process that any company can instigate as a simple tool in their business.”

Esme Caulfield, competitions lead, Tech Nation, commented: “The Tech Nation Rising Stars competition highlights the best in class companies in the UK at the seed and pre-Series A stages, and shows the amazing tech companies that make up the UK’s pipeline. “It's incredibly exciting to see the 2020 Rising Stars winners across a broad mix of sectors like healthtech and edtech, as well as representing the most diverse Rising Stars cohort yet, with 50% of the winning companies having women founders, and 80% from outside London.”

Closer to home, Spherics is closely aligned with the Bristol Green Capital Partnership and the technology partner for the launch of Bristol’s “Climate Action Program” which will reframe the city’s green business strategy.