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I'm going to throw this out there: most of the promising companies in this space are likely going to get their seed funding from federal grants rather than incu
by pclmulqdq 4y ago
I'm going to throw this out there: most of the promising companies in this space are likely going to get their seed funding from federal grants rather than incubators like YC. You may not be seeing deal flow because your product is unattractive to them in comparison.
- kokanee 4y agoThis may have been true a few years ago but climate tech is very trendy among investors right now, and every VC is going to want their piece. https://www.svb.com/industry-insights/clean-tech-sustainability/the-rise-of-climate-tech-investments https://www.svb.com/industry-insights/clean-tech-sustainabil...
- pclmulqdq 4y agoWhether they want their piece and whether the companies want to give it to them are two different stories. I expect that series A/B investors with $5 million to throw in at a $25 million valuation are getting a lot of deal flow here, since that's larger than a grant will reasonably get you. The seed stage is where an appropriately-sized chunk of government money is still readily available, especially if you are a spin-off of a well-known research group. This realistically means that in things like battery technology and carbon capture, YC and other seed funds will get the dregs.