#246 Sophie Purdom on Closing a $54M Fund I, the Future of Planeteer, & The 4 Types of Climate Founders
Description
In This Episode:
* Was this continued ClimateTech Vibe shift inevitable, or is it just Trump?
* The intersection of ClimateTech Startups and InsuranceTech startups?
* What role are insurance companies playing in the climate crisis?
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What’s up, everyone!
Today, we have a great episode with Grace Penders and Adam Chadroff from Equal Ventures. If you're not familiar with Equal, I recommend checking out episode 116 where we had on Rick Zullo, the Founder of Equal.
Today, we’re continuing the conversation about the climate tech vibe shift. However, our conversation with Equal is a little bit different. Equal has, from the very beginning, had a thesis broader than just climate. One of those other areas is insurance. This is an area that is increasingly intersecting with climate. This is becoming especially acute given the rise in natural disasters and the catastrophic financial impacts that follow.
Our conversation today focuses on these themes as well as what the insurance industry’s role is in helping solve the climate investing challenge. There are plenty of ways. This is playing into how governments engage.
Overall, it's an amazing episode and we're really excited to share this with you.
Sidenote, we recorded this in person in the equal offices during my recent visit to New York. So if you'd like to watch, check it out on YouTube. (Also, be sure to give us a follow on YouTube to help us grow the channel)
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📝 Show Notes:
Topics
* 00:00 Cold Open & Intro
* 03:00 The Climate Tech Vibe Shift
* 05:58 The Intersection of Climate and Insurance
* 09:01 Investment Trends in Climate Risk
* 12:05 Quantifying and Mitigating Climate Risks
* 15:03 Innovations in Climate Risk Management
* 17:55 Preventative Measures and Market Impacts
* 26:05 Understanding Market Compression and Its Impacts
* 29:50 The Role of Insurance in Value Creation
* 32:54 Government Involvement in Climate Risk
* 35:00 Navigating Innovation in Insurance and Utilities
* 40:18 Exit Opportunities in the Insurance Sector
* 44:10 The Climate Capital Summit and Future Trends
Links
* Grace Penders | Adam Chadroff | Equal Ventures
* Connect with Somil on LinkedIn | Connect with Silas on LinkedIn
* Follow CleanTechies on LinkedIn
* This podcast is NOT investment advice. Do your homework and due diligence before investing in anything discussed on this podcast.
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