Announcing the SOCAP24 Agenda — Going Deeper: Catalyzing Systems Change!

Bridging First of a Kind (FOAK) Financing Gaps for ClimateTech Startups

Angie Santo-Walter Earth Finance

ClimateTech is notoriously hard to finance. Some of the more impactful technologies are in the hardware space and require significant CapEx, plus the ClimateTech risk profile doesn’t easily match with the investors or financiers currently at the table. Venture capital firms typically look for high risk and high reward, whereas institutional investors look for lower risk with lower reward. ClimateTech has created a new profile: high risk and unknown reward. This risk profile is preventing some promising technologies from finding the right type of bridge funding to scale.

Unique public / private partnerships can help ClimateTech firms bridge these gaps. In this session, we’ll talk the audience through the journey to build a unique solution to address this challenge. We’ll cover the types of startups that are best positioned for this type of bridge financing, how to identify the type of project funding needed, the role a third party lender can play in streamlining access to financing, which government incentives are available and how to tap into these, and the role the private sector can play in accelerating promising technologies. This will be an engaging session where we’ll share both the successes and lessons learned to help investors understand how their capital can be best used to help accelerate the transition to a low-carbon economy.

Track

Deploying Climate Capital

Format

Panel (3 speakers)

Speakers

  • NameKat Hunt
  • TitleSr. Director
  • OrganizationEarth Finance
  • NameDimitry Gershenson
  • TitleFounder & CEO
  • OrganizationEnduring Planet
  • NameHannah Friedman
  • TitleFounding Partner
  • OrganizationPlaneteer Capital

Description

ClimateTech is notoriously hard to finance. Some of the more impactful technologies are in the hardware space and require significant CapEx, plus the ClimateTech risk profile doesn’t easily match with the investors or financiers currently at the table. Venture capital firms typically look for high risk and high reward, whereas institutional investors look for lower risk with lower reward. ClimateTech has created a new profile: high risk and unknown reward. This risk profile is preventing some promising technologies from finding the right type of bridge funding to scale.

Unique public / private partnerships can help ClimateTech firms bridge these gaps. In this session, we’ll talk the audience through the journey to build a unique solution to address this challenge. We’ll cover the types of startups that are best positioned for this type of bridge financing, how to identify the type of project funding needed, the role a third party lender can play in streamlining access to financing, which government incentives are available and how to tap into these, and the role the private sector can play in accelerating promising technologies. This will be an engaging session where we’ll share both the successes and lessons learned to help investors understand how their capital can be best used to help accelerate the transition to a low-carbon economy.

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