The Times Tech Podcast
Climactic's Raj Kapoor: "We need 1,000 climate tech unicorns"
Feb 16, 2024
Raj Kapoor, co-founder of Climactic, discusses growing up in Pennsylvania, his early days in Silicon Valley, joining Lyft, and using software to cut emissions. They also talk about self-driving cars, raising funds at Climactic, and remaking the electric grid.
50:12
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Quick takeaways
- There is a significant innovation gap in the climate tech sector, and more capital is needed to support the creation of startups that can help enterprises achieve their net-zero targets.
- Software-based solutions, such as digital twinning and grid optimization, play a crucial role in accelerating decarbonization and optimizing different sectors, including energy grids and buildings.
Deep dives
Investing in Climate Tech Startups
The podcast episode discusses the importance of investing in climate tech startups. The hosts highlight the need for enterprises to make a net-zero pledge and the lack of a comprehensive plan to achieve this goal. They emphasize that there is a significant innovation gap in the climate tech sector and that more capital is needed to support the creation of startups that can help enterprises achieve their net-zero targets. The hosts also mention the importance of software-based solutions in various industries to accelerate decarbonization. Examples such as renewable energy storage, grid optimization, and digital twinning are cited as areas where software can play a crucial role.
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