🟠 Growth Capital for ClimateTech Hardware: Closing the later stage funding gap

​This event is part of The Drop 2024. To attend, you must have a ticket to The Drop. Apply for a Drop 2024 ticket.

​Session Overview: We've seen and experienced many challenges for hardware companies that need to scale manufacturing and/or build their FOAK project or own factory. These heavy CapEx plays don’t always follow the typical VC playbook; however, they are vital to bringing these critical technologies to market at scale. As such, we are posed with the question of how to get creative in underwriting the early risk in both proving out the technology and building the underlying infrastructure required. This could involve blending growth and infrastructure capital, engaging strategic or corporate players, and enlisting governmental institutions (such as the EIB or EC) to invest directly in projects or commit to offtake agreements, thus mobilizing debt and other financing.

​Key Questions

• ​How can ClimateTech innovations cross the valley of death and utilize the full capital stack to scale from the starting line to global, industrialized levels?

• ​How can public actors provide supportive regulations and financing for the necessary infrastructure shifts across sectors such as food, water, and energy?

• ​How do we handle a shift in subsidies for traditional industries like agriculture, packaging, etc.?

• ​What lessons can we take from the likes of Northvolt and H2 Green Steel?

​Who should attend? Startups, Scaleups & fellow investors facing these challenges and industry members who are interested in contributing toward a solution