🇺🇸 Recently, our science associates Lipsa Nag, PhD and Walter Johnsen travelled to Dallas, Texas for the ARPA-E summit. Here are some of their takeaways on building moonshot startups that will address climate change: 1. Our decarbonization efforts hinges on low-cost and low-carbon hydrogen. Critical minerals are important for renewable energy generation, energy transmission, and energy storage. 2. Climate technology companies must provide a pain reliever not a vitamin. Deeptech ventures must address a pain that manifests in 5 years that isn’t necessarily visible today. 3. Pilot projects need to demonstrate commercial demand. Startups need to raise more cash than their container size. 4. There’s a capital gap in scaling climate tech. We must provide bridges to bankability through more non-dilutive and private sector financing. 5. Advice from founders and investors: Build relationships early. Everyone you meet can be a potential advisor, partner, hire, etc. 🔥 After ARPA-E, some areas we identified as particularly exciting: next generation solar, efficient thermal storage, new green chemicals and energy storage vectors, biomaterials for building insulation, and highly efficient grid transmission. 🚀 We are excited to partner with exceptionally motivated people who will build and scale these moonshots! Douglas Wicks Charlie Werth Marc von Keitz Scott Nyquist Shayle Kann Christina Karapataki Yaniv Tepper Michelle Chao Tim Latimer Ezana Mekonnen Jonny Everett Ben Stein Benjamin Tincq
Great post ! 😬 We're all for new green (bio)materials at Bloomineral !!!
Learn more about our Venture Creation Programme: https://marble.studio/how-it-works