The NatureBacked Podcast Boosting Carbon Impact Startups in Food, Agriculture with Startup Wise Guys
Startups focusing on food, agriculture, biodiversity, and forestry offer some of the best opportunities to impact global carbon emissions significantly, said Max Bauchau, who runs Startup Wise Guys Sustainability program.
The 2012-founded SWG has invested in around 300 startups over the years. Bauchau said the accelerator-investor, which boasts an 80% survival rate, will start a new sustainability program in October 2022 in Copenhagen.
Learn about:
- Why Denmark is home to SWG Sustainability program
- Why do carbon investors focus on food?
- How can 80% of early-stage startup investments survive?
- How to apply for SWG Sustainability program
In the NatureBacked podcast of Single.Earth, Tarmo Virki is talking with investors about the vision of the new green world.
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A few key takeaways from Max Bauchau:
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Food and agriculture …. represent, according to different studies, around 24-25% of all CO2 emissions in the world. So this is a segment that needs to be tackled, that needs to be worked on.
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We believe that Denmark is a fantastic sandbox for those kinds of companies. We have some very large companies active in Denmark's agriculture and food. And therefore creating innovation can really be a great sandbox for those companies to create to partner with those larger companies, and to really figure out what's the best way to approach this or this client, and how to create a sustainable solution that really has an impact on the world.
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It is no surprise that Scandinavia is one step ahead of the rest of the world regarding sustainability. So a lot of the mentalities are already changed here. Investment is going towards sustainability; it is going towards impact startups.
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Ideally, we have companies with small recurring revenues, so there is validation from the market. And we are also looking for great teams. That is, again, a very important factor. We could invest in pre-revenue businesses. That is fine, too, if we strongly believe in the team.
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