In this episode, we chat with Russell Sprole, founder and managing partner of Virta Ventures. Virta Ventures invests at the early stages focusing on “equity-light” companies.

We dive into the nuances of marketplace models, the potential of AI in climate tech, his journey with Full Harvest, and more. 

This is a great episode for software enthusiasts interested in its place in the climate tech ecosystem. 

As always, thanks so much for listening and enjoy the episode!

https://linktr.ee/cleantechies

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Topics

• 4:00 Starting Virta Ventures 
• 10:22 Equity Light Solutions 
• 13:50 Software Solutions in Antiquated Industries 
• 17:07 Common Equity Light Business Models 
• 22:55 Investing in Tiba 
• 28:33 Investing in Crowded vs. Nascent Markets 
• 34:41 Lessons from Full Harvest 
• 47:46 Investing in Hydrogen Marketplaces 
•  1:01:52 The Impact of AI on Climate Tech 
• 1:06:54 Effective Practices of Portfolio Companies 
• 1:08:33 Opportunities in the Electrification of Transportation 
• 1:11:12 Fundraising Advice for Climate Tech Founders 

Links

• Russell Sprole | Virta Ventures
• Connect with Somil | Connect with Silas
• Check out our sponsor, NextWave Partners, for all your Climate, Renewables, and Sustainability recruitment needs.
• This podcast is NOT investment advice. Do your homework and due diligence before investing in anything discussed on this podcast.

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