Alexander Langguth is the Co-Founder and Managing Partner at Übermorgen Ventures, an early stage Zurich-based venture firm with early investments in climate innovators like Sunvigo, carbo culture and delicious data.

Alex has always shown a high level of transparency and collaboration with other Climate Tech investors. In this episode, I take you behind closed doors and give you maximum insights.

We discuss Ubermorgen's evergreen fund model and why it actually helps to raise 1st-time funds.
We hear Alex share how difficult it was to raise a first fund and how they run investment decisions
And Alex and I rip on contrarian views, on what most people get wrong about being a fund manager and advice for job seekers and entrepreneurs

Listen and Learn

The reasons why Ubermorgen picked an evergreen fund model
The difficulty to sell this new model to LPs initially
Alex’s expected ratio of institutional funds, evergreen funds, solo GPs in Europe in 10 years
Alex most painful moment raising their 1st fund
Whether LPs cared more about impact of financial returns
Why having contrarian views and avoiding confirmation bias is so important in VC
The area where Alex has completely changed his views over the last 2 years
What most people have wrong about being a fund manager
How Übermorgen handles investment decisions internally and votes on deals (with 1 to 10 scoring)
The best advice to share with entrepreneurs on HOW to engage with VCs to maximize success of their fundraising
How to land your first job in Climate Tech

Show Links

Ubermorgen Ventures' Website
Alex's Linkedin
The Sequoia evergeen fund and more about Sequoia’s open ended fund model
Climate Tech Slack communities: Voyagers and My Climate Journey
The runing list of all Climate Tech VC funds (in Europe and worldwide)
The Huge heat wave hitting India and Pakistan with 42C
The Wet build 35 phenomenon when it’s too hot for humans to survive
Ubermorgen Newsletter
Impact assessment framework by Full Frame Initiative
Climate Fiction book recommendation: The Ministry for the Future

Carveouts

Climate Fiction book recommendation: The Ministry for the Future by Kim Stanley Robinson. A fantastic Climate Fiction which gives a lot of clues as to what geoengineering solutions might be most helpful and they will play out. It’s like reading into the future of Climate.

Former Sec. of State Blinken on the Trump Administration’s Foreign Policy

Fareed Zakaria GPS

Why Concessions Won't End The War

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