Start Up Energy Transition (SET)'s post

The latest in #climatetech: What's an infrastructure start-up and what does the road to funding look like for these? 🏭 A new kind of climate start-up is emerging – the infrastructure start-up. This new generation of start-ups are taking on the challenge of building on big, physical assets that can really move the needle on climate change. Think of #SET23 winner Heatrix’s clean high-heating solution for big industry or carbon capture plants. πŸ›  While the business of sustainable hardware tends to be capital-intensive, some start-ups only have big capex requirements later in their life once they prove the tech. So how are these start-ups securing funding? β›“ As the physical issue of climate change can't be solved by software alone – VCs are having to and wanting to invest in sustainable hardware for climate adaption. 10% of total climate tech investment in Europe now goes to these start-ups, according to Sifted analysis. πŸ’Έ The latest to join this positive uptick is our 2022 winner Modvion, a start-up that fills the gap for sustainable hardware in the wind energy sector! The start-up is now equipped with 125 million SEK to bring their wooden wind turbines to market More on this topic from sifted πŸ‘‰
ο»Ώ
More about Modvions tech and latest round πŸ‘‰
ο»Ώ
#startupscene #vc #climatechange #energytransition
    Welcome, let's solve the climate crisis together
    Post youtube preview with preloading
    youtube overlay

    Write or agree to climate reviews to make businesses and world leaders act. It’s easy and it works.

    Write a climate review

    Voice your opinion on how businesses and organizations impact the climate.
    0 trees planted

    One tree is planted for every climate review written to an organization that is Open for Climate Dialogueβ„’.

    Download the app

    We plant a tree for every new user.

    AppleAndroid