A few venture firms have earned strong reputations for supporting courageous, early stage climate tech companies, and we’re delighted to announce that four of those will join the SOSV Climate Tech Summit (Oct. 20-21) to discuss their investing strategies. Get your free pass now.
It will be our pleasure to host a conversation with Dr. Kiersten Stead, Managing Partner at DCVC; Katie Rae, CEO and Managing Partner at The Engine; Suzanne Fletcher, General Partner at Prime Movers Lab; and Arvind Gupta, Partner at Mayfield.
Climate startups often draw deeply on complex technology, which means investors often see them as risky, slow to market, and very capital intensive. That said, a recent Climate Tech VC report pointed out the number of fundings in climate tech doubled in the first half of 2021 versus 2020, and the average size of an A-round also doubled during that same period. Does that mean investors have more appetite for risk? Or are they beginning to get a better handle on those risks? One way or another, venture investors are clearly warming up to the climate tech category and founders are the immediate beneficiaries. With any luck, our climate will benefit, too.
Our speakers will share their insights on why the climate investments are heating up, so to speak, and which sectors are showing the most promise. We will also ask which factors seem to drive founders’ success and how best to avoid the “valleys of death” that overtake many startups in the climate category. And last, we’ll discuss what investors and founders need to strengthen and accelerate the climate tech ecosystem.