Multani: Pre-revenue climate startups raised public capital at low costs
Saloni Multani · How will the downturn affect climate tech? · May 19, 2022 · at 11:34
Saloni Multani of Galvanize Climate Solutions discusses how public market dynamics and SPACs provided low-cost capital to early-stage climate companies during the bull market.
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“These early stage companies that might be pre-revenue, certainly pre-cash flow, they were able to raise money to fund those cash flow losses in the public markets, also at very low effective costs of capital as well.”
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