[Weekly] $45M Plant Nickel Bet | CVCs Step Into Power | Climate Tech’s Biggest Myth
Description
Brought to you by:
D-CRBN - a Belgian startup turning industrial CO₂ emissions into valuable feedstock using cutting-edge plasma technology. If you want to learn more, reach out directly to David Ziegler or Gill Scheltjens.
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This week on New Wave Weekly:
👉 $45M for Genomines: Plants vs MinesThe French startup growing nickel from plants just raised $45M, one of the largest Series A in Europe for climate-tech companies. We’ve looked at all the details and are sharing key insights.
👉 CVCs Are Taking OverHyundai, Microsoft, Siemens… corporate VCs are writing bigger checks and locking in as customers. Are they the future of climate capital?
👉 Is Climate Tech Dead?Media says “dual-use is hot, climate is not.” But is this the death of climate VC, or just the cleansing fire we needed to kill bad ideas and sharpen the next generation of winners?
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References:
Sifted: Genomines raises $45M Series A
DT Capital Partners Press Release
Microsoft doubles down on green steelmaker Stegra
PwC Report: Climate Tech & Corporate VC
Sifted: Climate tech out, dual-use in
Impact Loop: Lubomila Jordanova warns of greenwashing
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Chapters:
(00:00 ) Introduction
(01:26 ) $45M for Genomines
(21:46 ) CVCs are taking over
(36:09 ) Long Live Climate-Tech!
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit climateventuresvco2.substack.com