The Reverse VC: How Carl-Erik Lagercrantz and Vargas Holding Built a $12 Billion Climate Tech Startup

Reverse VC

New climate tech startups are notoriously risky and capital-intensive. So, early-stage VCs usually invest a little seed capital in a lot of startups. But what if someone were to reverse the Silicon Valley model of climate tech investing? What if they de-risked climate tech by investing a ton of money upfront into one startup with proven technology, large-scale production plans, and a ready customer?

Stuff Minus Emissions: How to Decarbonize and Upcycle Essential Materials with Biomason, Novoloop, and Lingrove

Materials panel

The materials essential to 21st century life are carbon-intensive and rarely reused. CO2 emissions from cement production have doubled over the last 20 years and now account for over 7% of global emissions. Plastics, responsible for 3.4% of global greenhouse gas emissions, have become an environmental nightmare. Only about 9% are recycled while 22% are “mismanaged,” with some 22 million tons leaking into the environment annually—about 10 times the tonnage of all Tesla cars sold worldwide in 2021.

Brewing the Future: A Conversation Between the World’s Largest Brewer and a Precision Fermentation Leader

Images of Arturo Elizondo, Patrock O'Riordan, and Pae Wu

For millennia, food innovators have used fermentation to create delicious things like beer, yogurt, and sourdough bread. Now, at least 88 precision fermentation startups have collectively raised more than $2.8 billion to develop animal proteins—without the animals and associated greenhouse gas emissions. Essentially, they program microorganisms to produce proteins chemically identical to those found in

Join Breakthrough Energy Ventures, National Science Foundation, and Lowercarbon Capital for Breakout Sessions at the SOSV Climate Tech Summit

logo for SOSV Climate Summit and logos for BEV, NSF and LowerCarbon

The SOSV Climate Tech Summit (Oct. 25-26 / free & virtual / register now) gathers the top entrepreneurs, investors, and organizations in climate tech. Throughout the Summit, VC funds and federal agencies will be hosting live breakout sessions where summit attendees can meet team members and ask live questions. If you’re a founder, you won’t