climate tech

“There were like over 600 SPACs raised in twenty-twenty-one. It was, you know, a good chunk of them were climate tech related.”

“That enabled, that empowered Silicon Valley, that helped make Silicon Valley better at starting really amazing companies, and in climate tech, they were the leading lending partner out there.”

“Up until about six months ago, if you'd asked people in the energy business or in climate tech about the hottest areas of tech innovation, artificial intelligence might have topped the list for some people, but probably wouldn't have gotten into the top five f…”

“It, it's not just a technology game. This is not like investing in SaaS or you know, a traditional tech profile. You have to weave your technology into a broader framework that really matters, and that means engaging across policy, technology, investment, and …”

“It's sort of a subcategory where you're going to see a lot of AI integration into existing products, but there's not going to be this like AI only category and climate tech. It's going to be a part of many of the other existing climate tech categories”

“If you look at climate tech compared to, like, the broader data coming out of PitchBook or Crunchbase, overall venture deployment decreased to a third of what it was in twenty-twenty-two, you know, so instead of being down by 30%, down by 60%.”

“It didn't, again, fundamentally change anything, at least in climate tech.”

“If rates go up and IPO markets dry up and M&A goes away, we all suffer from that just like everybody else does.”

“They just don't realize how hard it is to build stuff, to build, to make new factories. This is a fundamental difference between climate tech and software.”

“And I think we tend to overestimate a little bit the share of technologies that are really fully viable because we do tend to be based in, in, in geographies where we have a lot of support systems. And because we tend to work with companies who are early adopt…”

“Where there are times to have some expansive argument, and learn to get out of our own way, and not make an omissions argument that bums people out, but instead make an argument about why this is just better, is I think a discipline we need to get used to.”

“The next year and a half to two years, 18 to 24 months, is just going to be a brutal filtering process. Environment.”

“When the risk-free rate went from zero to five whole percent, Every long duration asset gets repriced, and climate tech is the ultimate, unfortunately, the ultimate long duration category. A company that needs 10 or even you know, 20 years to reach meaningful …”