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This 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.c
by kokanee 4y ago
This 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.