Climate CEOs: Scaling Startups

Discover how Matt Lipscomb and DMC Biotechnologies are producing sustainable chemicals with fermentation, $50M in funding, & a 40-person team driving cost-effective scale-up.⭐ My guest today is Matt Lipscomb, Founder and CEO of DMC Biotechnologies.DMC is a Boulder-based biotech company that sustainably produces bio-based chemicals using fermentation, with over $50M in VC funding and a team of over 40 people.In addition, Matt is a:Certified Ski Mountaineering GuideRock climbing guide and instructorDirector for the American Institute of Avalanche Research and EducationPhD in chemical engineering from the University of Colorado at Boulder---🎙️ In this episode, we talked about:The meaning of metabolic engineeringHow rock climbing has taught him to better manage risks as a CEOHis experience seeing glacier retreat has inspired his workHow DMC engineers microbes to standardize fermentation for cost-effective scale-upThe definition of “friend-shoring” and how DMC improves companies’ supply chainsWhy his early work in chemical plants led him to where he is todayWhat he means to cross-train physically and intellectuallyThe pains of fast growth and techniques he uses to build culture and cohesion while growing 3x this yearWhy investors care that you’re founding a company with a former cofounderThe difference between lifespan and healthspanAnd lots more---👍 Quick favor: Please leave a review or 5-star rating on your podcast player. This helps more listeners discover the climate CEOs and investors I interview here. 🙏---🌎 Entrepreneurs for Impact is on a mission to help climate founders, CEOs, and investors scale faster via the #1 peer group community in North America. Our invite-only cohorts grow through monthly meetings, annual retreats, and 1:1 coaching calls. Today’s highly vetted members represent over $8B in market cap or assets under management. ⁠⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 80,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.And here's our weekly newsletter — A 2-minute summary of climate tech startups, impact investing, and leading with purpose (and a sense of humor). ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.substack.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Discover how Gabe Phillips is tackling hard challenges, scaling Catalyst Power, & delivering cheaper renewable energy with ESCOs, community solar, & battery solutions.⭐ My guest today is Gabe Phillips, Founder and CEO of Catalyst Power.Catalyst Power is an ESCO, retail electricity provider, community solar aggregator, and solar/battery developer for commercial and industrial businesses in the Northeast US.In addition, he is a distance runner, musician, woodworker, father, and thriver on 4-5 hours of sleep per night. I told him that we might need to have an intervention later.---🎙️ In this episode, we talked about:The outsized benefits of doing hard thingsHow his customers view risks and risk mitigation when it comes to solar powerWhy a roll-up acquisition strategy made sense to launch this businessHow he’s able to get clean renewable power at cheaper prices for customers than brown powerWhat the following phrase means: “You can’t pour from an empty cup.”Three of his favorite books on entrepreneurship, meditation, and the benefits of being uncomfortableAnd lots more---👍 Quick favor: Please leave a review or 5-star rating on your podcast player. This helps more listeners discover the climate CEOs and investors I interview here. 🙏---🌎 Entrepreneurs for Impact is on a mission to help climate founders, CEOs, and investors scale faster via the #1 peer group community in North America. Our invite-only cohorts grow through monthly meetings, annual retreats, and 1:1 coaching calls. Today’s highly vetted members represent over $8B in market cap or assets under management. ⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 80,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.And here's our weekly newsletter — A 2-minute summary of climate tech startups, impact investing, and leading with purpose (and a sense of humor). ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.substack.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Brad Hartwig, CEO of Arbor, discusses their carbon-negative power technology and the process of converting organic waste into clean energy. They explore topics like vegetarian rocket engines, eliminating smoke stacks, and monetizing revenue streams for zero-cost clean baseload power. They also touch on personal interests like surfing and the importance of finding balance in entrepreneurship.

This podcast discusses topics such as conscious greed in the hedge fund business, the influence of Buddhism on investment decisions, transformative journey after a financial crisis, career opportunities in sustainability and impact investing, different investments in climate investing, and the importance of establishing daily habits of reflection and meditation.

Chris shares practical strategies for climate tech CEOs to schedule priorities instead of just prioritizing their calendar.⭐ I’m not a ruthless person. Except when it comes to my calendar. 😃And the climate tech startup CEOs in our peer group program at Entrepreneurs for Impact are always looking for ways to “schedule their priorities instead of prioritizing their schedule.”So, in this podcast, I talk through a resource I put together on the topic for my climate CEO members. Hopefully, it stimulates some new ideas for you and your teams.And...Here's a Google Slides version: "Experiment: 10 Ways to Create 10 Hours Per Week"https://tinyurl.com/2r6kyptr(Beware: Results may vary. Widely. 😏)Also...If you have other topics you’d like me to cover on a future AMA podcast, just DM me on LinkedIn or reply to my Entrepreneurs for Impact newsletter on Substack.---👍 Quick favor: Please leave a review or 5-star rating on your podcast player. This helps more listeners discover the climate CEOs and investors I interview here. 🙏---🌎 Entrepreneurs for Impact is on a mission to help climate founders, CEOs, and investors scale faster via the #1 peer group community in North America. Our invite-only cohorts grow through monthly meetings, annual retreats, and 1:1 coaching calls. Today’s highly vetted members represent over $8B in market cap or assets under management. ⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.And here's our weekly newsletter — A 2-minute summary of climate tech startups, impact investing, and leading with purpose (and a sense of humor). ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.substack.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Chris answers listener questions on climate startup funding, helping female founders, recommended books, and career choices for impact.⭐ In this Ask Me Anything (AMA) podcast, I cover these five questions from listeners to the Entrepreneurs for Impact podcast and readers of the ⁠Entrepreneurs for Impact newsletter⁠ on Substack.“You always ask your guests what books they’re reading, but how about you? What books do you like to recommend?” – Thanks, Casey“What are some of the best non-financial resources that are available to entrepreneurs (aside from badass climate CEO peer groups at Entrepreneurs for Impact)?” – Thanks, Nick“If I want to have a bigger impact on climate change, should I work for a big firm or smaller one?” – Thanks, Tyler“I want to help female founders in climate tech succeed. I would love to start off by working pro bono and helping them raise funds and learn as I go. But where do I start?” – Thanks, Helena“If I’m raising VC capital for my startup, what do I need to create for investors, besides a pitch deck?” – Thanks, BrookIf you have other questions you’d like me to cover on the next AMA podcast, just DM me on LinkedIn or reply to my ⁠Entrepreneurs for Impact newsletter⁠ on Substack.---👍 Quick favor: Please leave a review or 5-star rating on your podcast player. This helps more listeners discover the climate CEOs and investors I interview here. 🙏---🌎 Entrepreneurs for Impact is on a mission to help climate founders, CEOs, and investors scale faster via the #1 peer group community in North America. Our invite-only cohorts grow through monthly meetings, annual retreats, and 1:1 coaching calls. Today’s highly vetted members represent over $8B in market cap or assets under management. ⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.And here's our weekly newsletter — A 2-minute summary of climate tech startups, impact investing, and leading with purpose (and a sense of humor). ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.substack.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Learn how Amanda Hall and Summit Nanotech use nanotechnology to cut lithium production from 18 months to 1 day while raising $72M to accelerate the EV revolution.⭐ My guest today is Amanda Hall, Founder and CEO of Summit Nanotech, which supports the electric vehicle revolution by capturing lithium ion in brine using nanotechnology. In their unique process, they shorten the average industry rate of lithium production from 18 months to 1 day. They also dramatically reduce the amount of water, pressure, heat, and chemicals needed to responsibly mine this valuable input for battery storage.To date, they’ve raised $7M in grants and $65M from investors, such as Capricorn, Evok Innovations, Volta, and Grantham.---🎙️ In this episode, we talked about:How her training as a geophysicist in the oil and gas industry trained her for this jobWhy she felt compelled to travel to Tibet and why that led her to come back, quit her job, sell her home, sell her oil and gas stocks, and rethink her contributions to the worldWhat the human kidney and biomimicry taught her about early designs for Summit’s technologyHer advice on trusting her gut to make tough decisions earlier rather than laterThe importance of trusting and verifying the data you rely on for growing your companyWhy they are vertically integrating to own land and own lithium outputsWhat they look for when hiring new team members, such as humility, relentlessness, and a desire to do the impossibleHer favorite quotesBook recommendations for CEOs to better manage their team’s growthAnd lots more---👍 Quick favor: Please leave a review or 5-star rating on your podcast player. This helps more listeners discover the climate CEOs and investors I interview here. 🙏---🌎 Entrepreneurs for Impact is on a mission to help climate founders, CEOs, and investors scale faster via the #1 peer group community in North America. Our invite-only cohorts grow through monthly meetings, annual retreats, and 1:1 coaching calls. Today’s highly vetted members represent over $8B in market cap or assets under management. ⁠⁠⁠⁠⁠https://entrepreneursforimpact.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.And here's our weekly newsletter — A 2-minute summary of climate tech startups, impact investing, and leading with purpose (and a sense of humor). ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.substack.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Discover how EIF invests $3–10M in post-revenue climate and sustainability companies, building trust with CEOs over years and backing market-ready startups like EV Connect and ZepSolar.⭐ My guests today are Devin Whatley, Managing Partner, and cofounder, and Geoffrey Eisenberg, Partner, at Ecosystem Integrity Fund (EIF).EIF is a long-time VC investor in renewable energy, distributed energy, smart transportation, and sustainable agriculture.On their fifth fund, they invest in companies in seed, Series A, and Series B, with a focus on post-revenue companies with no tech risk that are looking to scale. They like to be the lead investor and write checks between $3M and $10M.---🎙️ In this episode, we talked about: What has helped them raise capital over 13 years across so many cycles in the sustainability, cleantech, and climate tech worlds Why they sometimes take 2-3 years getting to know a CEO before deciding to invest How they think about the total addressable market today vs. the distant future The benefits of disclosing the “skeletons in the close” of the company early…because they’ll definitely be discovered by the investor at some point Their focus on CEOs who are obsessed but not flashy (i.e., show, don’t tell) Some success stories in their portfolio, such as EV Connect and ZepSolar Book recommendations to help them maintain humility and perspective on how history shapes the present day And lots more---👍 Quick favor: Please leave a review or 5-star rating on your podcast player. This helps more listeners discover the climate CEOs and investors I interview here. 🙏---🌎 Entrepreneurs for Impact is on a mission to help climate founders, CEOs, and investors scale faster via the #1 peer group community in North America. Our invite-only cohorts grow through monthly meetings, annual retreats, and 1:1 coaching calls. Today’s highly vetted members represent over $8B in market cap or assets under management. ⁠⁠⁠⁠⁠https://entrepreneursforimpact.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.And here's our weekly newsletter — A 2-minute summary of climate tech startups, impact investing, and leading with purpose (and a sense of humor). ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.substack.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Shawn Lesser, Cofounder of The Real, shares how burnout, depression, and identity tied to business shaped his journey and inspired a platform helping entrepreneurs find purpose through shared challenges.⭐ My guest today is Shawn Lesser, Cofounder of The Real (current role) and Cofounder of Big Path Capital (prior role).The Real is helping entrepreneurs deal with burnout and depression by connecting with others going through those same mental health challenges.Big Path Capital is, according to Barron’s, “The Impact Investment Bank.” Their network of 2,500+ limited partners (investors) and 200+ impact-focused private equity firms led to billions of dollars flowing into companies that prioritize both profit and positive environmental or social impacts.---🎙️ In this episode, we talked about:What triggered his depressionThe impacts of having too much of his identity tied up in his businessWhy a fish bowl being shaken up relates to where he wasWhat he learned after spending three stints in centers to boost his mental healthThe speaking tour that he and his cofounder, Brent Herd, are onWhy The Real is about finding purpose out of painWhat an Uber driver and a post-exit entrepreneur with $800M in cash have in commonAnd lots more---👍 Quick favor: Please leave a review or 5-star rating on your podcast player. This helps more listeners discover the climate CEOs and investors I interview here. 🙏---🌎 Entrepreneurs for Impact is on a mission to help climate founders, CEOs, and investors scale faster via the #1 peer group community in North America. Our invite-only cohorts grow through monthly meetings, annual retreats, and 1:1 coaching calls. Today’s highly vetted members represent over $8B in market cap or assets under management. ⁠⁠⁠⁠https://entrepreneursforimpact.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Programs are led by Dr. Chris Wedding — 4x founder, $1B of investment experience, and Duke University and UNC-Chapel Hill professor, with 70,000+ professional students taught, 25 years of meditation, an obsession with constant improvement, and far too many mistakes to keep to himself.And here's our weekly newsletter — A 2-minute summary of climate tech startups, impact investing, and leading with purpose (and a sense of humor). ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://entrepreneursforimpact.substack.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Chris shares key takeaways from coaching over 100 climate tech CEOs, highlighting leadership, decision-making, and scaling insights for impact-driven founders.⭐ In today’s super short episode, I share parts of a white paper I recently wrote called “10 Lessons I’ve Learned from Coaching 100+ Climate CEOs.” The rest of the white paper is available for free on my website at www.entrepreneursforimpact.com. If you find something useful in it or have other lessons you think I should add to it, drop me a note at team@entrepreneursforimpact.com. 🙏