Blisce has become the latest VC firm to launch a fund dedicated to climate tech, for which it plans to raise as much as €150 million (about $ 162 million). The firm is hiring investor Pierre-Edouard Berion to lead the fund, and Lucie Basch, the co-founder of Too Good To Go, is going to support […]
The ‘valley of death’ for climate lies between early-stage funding and scaling up
Jonathan Strimling faced a dilemma. His company had spent nine years working on chemical processes that could turn old cardboard boxes into high-quality building insulation. The good news was the team had finally cracked it: CleanFiber’s technology pumped out insulation — really good insulation. It had fewer contaminants and produced less dust than other cellulose […]
Trellis Climate aims to bridge the ‘commercial valley of death’ for climate tech
Let’s say you’re a founder who started a company that’s based on a breakthrough technology which can make hydrogen cheaper and faster than anyone else — so much faster and cheaper that you sailed through your first several rounds of fundraising, bringing in tens of millions of dollars to prove it works. And it does, […]
SOSV founder says climate investing is a ‘war effort’ as firm closes $306M fund
For the firm that calls itself “the first check in deep tech,” the last check for SOSV’s latest $ 306 million fund took a bit longer than founder Sean O’Sullivan would have liked. That’s probably less a reflection on the firm than an indictment of the macroeconomic environment: Ask any VC, and they’ll tell you […]
Deal Dive: Not all climate startups are focused on carbon
When Josh Silverman started shopping around the idea for his methane-eating microbe startup, Windfall Bio, eight years ago, the market just wasn’t ready. Nobody cared about methane, he said. Companies were instead focused on lowering their carbon emissions. But a few years later, the market is starting to come around. Menlo Park–based Windfall Bio raised […]