In this episode, Silas Mahner (@silasmahner) speaks with Manik Suri (@ManikVSuri) the Founder and CEO of Therma, an IoT device + software company that helps any organization using refrigeration to reduce cap ex and as a by-product, reduce the dirty energy assets on the grid.

We cover his background, the problem, and the solution they are working on, and then go through building the business with a heavy focus on the work of raising money. Manik has a really interesting background having been a top achiever academically, going on to PE, and then government prior to launching Therma.

Enjoy the Episode! 🌎

📺 👀 Prefer to watch: subscribe on YouTube.

📫 Interested in written summaries and takeaways from the episode? Subscribe to the newsletter.

Want to be part of the community and engage further? Check out the Slack Channel. https://tinyurl.com/mwkn8zk5

-----
Topics:
**1:20 Intro and Origin of Interest in Climate
**4:02 The Problem
**7:22 Electricity bill
**11:38 The Solution
**13:52 Cost and ROI
**16:13 The Origin of the Idea
**24:07 How his work in PE and Gov Influenced him
**27:55 Carbon Abatement
**31:13 Advice for Raising Capital
**41:11 VC Issues & Thoughts on the Macro Environment
**44:19 Discussion on VC Investing broadly
**48:31 The Future

-----
Links:
**manik@hellotherma.com
**Manik on Twitter: https://twitter.com/ManikVSuri
**Therma Website: https://www.hellotherma.com/our-company
**Check out our Sponsor, NextWave Partners:
**Follow CleanTechies on LinkedIn:
**HMU on Twitter: @silasmahner

-----
Other episodes you might enjoy:
**Most Recent Episode: Building a Smart AC company to help Solve Climate Change w/ Ran Roth (Sensibo)
**Similar Topic: Electrifying Homes, Home Air-Quality & Health, Merging Blue & White Collar Talent w/ DR Richardson (Elephant Energy)
**Something Totally Different: How to Raise Money for your ClimateTech Startup w/ Tommy Leep, founder of Jetstream VC

Support the show

Every ClimateTech Entrepreneur needs a reliable partner for their legal needs. Why settle for less than the best? 💪🏽

Reach out to Goodwin Law today; the law firm of choice for hundreds of ClimateTech Entrepreneurs worldwide. They have you covered from funding docs to offtake contracts to IPO and M&A support. GoodwinLaw.com (and tell them CleanTechies sent you!)