Today joining the podcast is Susanna Campbell - co-founder of Syre, and a board member of Northvolt and H2 Green Steel - all companies incubated by Vargas. 

Based in Sweden, Vargas has systematically created a succession of climate juggernauts from scratch. Their portfolio includes unicorns like Polarium and H2 Green Steel, and Northvolt, a climate decacorn - so worth over 10 billion dollars - which is Europe’s largest gigafactory for electric vehicle batteries. 

At Giant we have backed the latest Vargas incubation, Syre, which aims to decarbonize the textile industry. They’ve launched in partnership with H&M - who have already signed a $600M offtake agreement to buy green polyester. We think Vargas is the most significant climate organisation in the world - but it’s a story that has not been widely told. 

Today we take you behind the scenes to reveal the Vargas playbook. This episode was recorded live at our annual summit, Giant Ideas. Susanna Campbell is interviewed by Financial Times Gillian Tett.

Building a purpose driven company? Read more about Giant Ventures at www.Giant.vc.

Music credits: Bubble King written and produced by Cameron McLain and Stevan Cablayan aka Vector_XING.

Please note: The content of this podcast is for informational and entertainment purposes only. It should not be considered financial, legal, or investment advice. Always consult a licensed professional before making any investment decisions.