Can deeptech venture solve climate change?

climate

Context #

• Big influx of capital between 2006-2012 into ‘Cleantech 1.0’
• Collapse at 2010
• Lot of money into R&D focused capital lost
• Potential issues
  • Requires too much capital to scale

Notes #

• You can’t/shouldn’t bet on future policies
• For a long time the prize has not been worth the risk, now it looks like it is
• More attractive and robust exit opportunities
• There is a clock ticking on fossil fuels, capital is looking to get a piece of the ‘clean tech’ pie
• Improvements since ‘cleantech 1.0’
  • Larger market size
  • Talent of employees
  • Proven winner/possible - solar and wind got cheap, batteries getting cheap

References #

• Catalyst with Shayle Kann: Can 'deeptech' venture capital solve climate change?