New Wave.

Listen now on Apple, Spotify, and YouTube.***August Solliv, a former climate VC, and author of the newsletter Impact Supporters joins the podcast to dive into the learnings from the first wave of cleantech startups and what it means for today’s climate-tech companies.In our conversation, we explore:* The reasons behind the rise and fall of Cleantech 1.0* The lessons learned for Climate Tech today.* The future of Climate Tech investments* ...and more! ⁠​***TIMESTAMPS 00:00 Introduction 01:15 Defining Cleantech 1.0 06:24 Case Study: Solyndra's Failure 20:21 Success Stories from Cleantech 1.0 27:38 The Emergence of Climate Tech 29:30 Differences Between Clean Tech and Climate Tech 38:26 The Future of Climate Tech Investments 41:12 Is Climate Tech Dead? 45:47 Rapid Fire Questions 50:31 Closing Thoughts and Recommendations***STUDIES* MIT Study on Cleantech 1.0 (2011)* John Doerr’s Cleantech Reflections* "Impact" by Sir Ronald CohenSTARTUPS AND FUNDS* Solyndra* Tesla* Northvolt* Kleiner PerkinsCONCEPTS* Evergreen Funds* Cleantech 1.0 (2006–2011)* Climate Tech 2.0 (Post-2010s)* Technology Readiness Levels (TRLs)***GUEST▶️ August Solliv - https://www.linkedin.com/in/augustsolliv/***If you’re new here, I'm Hugo Rauch, the founder of VCo2 media and an aspiring climate tech VC who shares insights, interviews, and research about venture capital and climate tech. I aim to help you become a better climate-tech entrepreneur and smarter impact investor. ***CONNECT WITH ME ▶️ Newsletter - https://climateventuresvco2.substack.com🔗 LinkedIn - https://www.linkedin.com/in/hugorauch/📧 Email - climateventuresvco2@substack.com🔴 YouTube - https://www.youtube.com/@VCo2_HugoRauch*** PAST EPISODES* Heidi Lindvall on Impact Assessments (Pale Blue Dot)* Eric Gossart on Impact VCs vs Traditional VCs (Racine2)***LEAVE A REVIEW 💜 Apple Podcasts - https://shorturl.at/HIDcg 🟢 Spotify - https://shorturl.at/yDTfR *** SUPPORT 💻 Logo and brand design - Alexander Villinsky📹 Logo animation and transitions - Timothe Lucas This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit newwavenewsletter.substack.com

Listen now on Apple, Spotify, and YouTube.***Heidi Lindvall, a general partner at Pale Blue Dot, a climate-focused venture capital fund from the Nordics, joins the podcast to discuss the unique challenges and opportunities in building a VC firm centered around climate impact.In our conversation, we explore:* Her approach to assessing impact as a climate-tech VC * Why intentionality is the most important criteria for impact * What we can learn from traditional startups and VCs * And more.. ***TIMESTAMPS 00:00 Introduction03:18 Why Invest in Climate Tech?05:31 Challenges and Opportunities in Climate Investing11:12 Understanding Impact Measurement22:23 Evaluating Founders and Intentionality30:46 Challenges with Climate Fund Restrictions34:39 Balancing Impact and Returns40:08 Annual Reporting and KPIs44:44 Carried Interest Linked to Impact47:22 Rapid Fire Questions54:15 Summary and Closing Remarks***REFERENCED• Impact Measurement Framework• SFDR Article 9 • Climate Pledge• Less is More by Jason Hickel***GUEST▶️ Heidi Lindvall - https://www.linkedin.com/heidi_lindvall***If you’re new here, I'm Hugo Rauch, the founder of VCo2 media and an aspiring climate tech VC who shares insights, interviews, and research about venture capital and climate tech. I aim to help you become a better climate-tech entrepreneur and smarter impact investor. ***CONNECT WITH ME ▶️ Newsletter - https://climateventuresvco2.substack.com🔗 LinkedIn - https://www.linkedin.com/in/hugorauch/📧 Email - climateventuresvco2@substack.com🔴 YouTube - https://www.youtube.com/@VCo2_HugoRauch*** PAST EPISODES YOU’LL LOVE• Lisa Mangertseder on Carbon Removal (Carbon Removal Partners)• Eric Gossart on Impact VCs vs Traditional VCs (Serena x Racine2)***LEAVE A REVIEW 💜 Apple Podcasts - https://shorturl.at/HIDcg 🟢 Spotify - https://shorturl.at/yDTfR *** SUPPORT 💻 Logo and brand design - Alexander Villinsky📹 Logo animation and transitions - Timothe Lucas This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit newwavenewsletter.substack.com

Listen now on Apple, Spotify, and YouTube.***Eric Gossart, a partner at Racine2, an 85 million euro impact fund focused on climate, health, and education, joins the podcast to discuss the differences between traditional venture capital and impact investing.⁠​⁠​In our conversation, we dive into:* The reasons behind his transition from traditional VC to impact investing* His approach to assessing and supporting impact-driven companies* The strategies he used and concerned he had when raising an impact fund⁠​***TIMESTAMPS 00:00 Introduction07:48 Defining “Impact” in Venture Capital10:42 Challenges and Strategies in Impact Investing15:07 The Role of VCs in Shaping the Future21:25 Aligning Business Models with Impact26:54 Measuring and Reporting Impact33:59 Understanding Technology Readiness Levels (TRL)37:49 Equity Stories and Fundraising Challenges43:39 Raising an Impact Fund56:54 Fire Questions***REFERENCED• Jean Moreau • Cap Horn• Serena and Racine2• Technology Readiness Level• Planet A• France 2030 • Antidote au culte de la performance***GUEST▶️ Eric Gossart - https://www.linkedin.com/in/eric-gossart***If you’re new here, I'm Hugo Rauch, the founder of VCo2 media and an aspiring climate tech VC who shares insights, interviews, and research about venture capital and climate tech. I aim to help you become a better climate-tech entrepreneur and smarter impact investor. ***CONNECT WITH ME ▶️ Newsletter - https://climateventuresvco2.substack.com🔗 LinkedIn - https://www.linkedin.com/in/hugorauch/📧 Email - climateventuresvco2@substack.com🔴 YouTube - https://www.youtube.com/@VCo2_HugoRauch*** PAST EPISODES YOU’LL LOVE• Lisa Mangertseder on Carbon Removal (Carbon Removal Partners)• Dan Bowyer on Climate Tech and Efficiency (SuperSeed VC)• Thomas Bajas on Energy Markets for Startups (Founders Future) ***LEAVE A REVIEW 💜 Apple Podcasts - https://shorturl.at/HIDcg 🟢 Spotify - https://shorturl.at/yDTfR *** SUPPORT 💻 Logo and brand design - Alexander Villinsky📹 Logo animation and transitions - Timothe Lucas This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit newwavenewsletter.substack.com

Listen now on Apple, Spotify, and YouTube.***Thomas Bajas, a VC at Founders Future, joins the podcast to discuss the energy market and how startups are trying to disrupt it. In our conversation, we explore:* The role of energy in modern economies and its link to climate change.* Innovations driving renewable energy, electrification, and smart grid technologies.* How to decarbonize energy and how we need to rethink the grid* Challenges for energy startups, from funding gaps to regulatory hurdles.* Venture capital’s role in driving innovation within the energy sector.***TIMESTAMPS 00:00 Introduction 05:52 The Role of the Grid08:22 Decarbonizing the Energy Mix09:13 Energy Efficiency and Smart Grids19:59 The Future of Energy Startups41:57 Venture Capital in Energy48:40 Final Thoughts and Predictions***REFERENCED• Vaclav Smil's "How the World Really Works"• First of a Kind (FOAK) Infrastructure• Green Premium Concept• Transmission System Operators (TSOs)• Distribution System Operators (DSOs)• Behind the Meter• Front of the Meter• V2G (Vehicle-to-Grid) and V2H (Vehicle-to-Home)• Startups: Plexigrid, Ampere Cloud, Plug***GUEST▶️ Thomas Bajas - https://www.linkedin.com/in/thomas-bajas/***If you’re new here, I'm Hugo Rauch, the founder of VCo2 media and an aspiring climate tech VC who shares insights, interviews, and research about venture capital and climate tech. I aim to help you become a better climate-tech entrepreneur and smarter impact investor. ***CONNECT WITH ME ▶️ Newsletter - https://climateventuresvco2.substack.com🔗 LinkedIn - https://www.linkedin.com/in/hugorauch/📧 Email - climateventuresvco2@substack.com🔴 YouTube - https://www.youtube.com/@VCo2_HugoRauch*** PAST EPISODES YOU’LL LOVECarbon Removal 101 with Lisa Mangertseder (Carbon Removal Partners)Dan Bowyer on Climate Tech, Efficiency, and Sustainable Innovation***LEAVE A REVIEW 💜 Apple Podcasts - https://shorturl.at/HIDcg 🟢 Spotify - https://shorturl.at/yDTfR *** SUPPORT 💻 Logo and brand design - Alexander Villinsky📹 Logo animation and transitions - Timothe Lucas This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit newwavenewsletter.substack.com

Listen now on Apple, Spotify, and YouTube.***Dan Bowyer, a partner at SuperSeed VC, a £50M UK fund investing in startups transforming the way the world works, joins the podcast to challenge conventional definitions of impact and climate tech.In our conversation, we explore:* The definition of impact and climate-tech* Doing more with less as a way to save the planet* How to transform industries through productivity and efficiency* Why B2B Startups can drive meaningful climate impact* The role of venture capital in creating scalable, sustainable change* Aligning economic and environmental goals in startup ecosystems* AI’s potential to revolutionize climate innovation***TIMESTAMPS 00:00 Introduction to Dan Bowyer and SuperSeed VC01:26 Dan's Investment Philosophy and Impact Definition02:46 Exploring Climate Tech and Impact05:45 Efficiency and Productivity in Business12:31 Examples of Impactful Investments26:05 The Role of Venture Capital in Climate Tech30:41 Rapid Fire Questions and Final Thoughts***REFERENCED• ThingTrax• Messium• AI Build• Maslow’s hierarchy of needs• Impact Reporting (sfdr 9)• GenCast by DeepMind• PACT.VC***GUEST▶️ Dan Bowyer - https://www.linkedin.com/in/danbowyer***If you’re new here, I'm Hugo Rauch, the founder of VCo2 media and an aspiring climate tech VC who shares insights, interviews, and research about venture capital and climate tech. My goal is to help you become a better climate-tech entrepreneur and smarter impact investor. CONNECT WITH ME ▶️ Newsletter - https://climateventuresvco2.substack.com🔗 LinkedIn - https://www.linkedin.com/in/hugorauch/📧 Email - climateventuresvco2@substack.com🔴 YouTube - https://www.youtube.com/@VCo2_HugoRauch*** 🏁 PAST EPISODES YOU’LL LOVECarbon Removal 101 with Lisa Mangertseder (Carbon Removal Partners)Jacqueline Van Den Ende (Carbon Equity)LEAVE A REVIEW 💜 Apple Podcasts - https://shorturl.at/HIDcg 🟢 Spotify - https://shorturl.at/yDTfR *** SUPPORT 💻 Logo and brand design - Alexander Villinsky📹 Logo animation and transitions - Timothe Lucas This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit newwavenewsletter.substack.com

Listen now on Apple, Spotify, and YouTube.***Lisa Mangertseder, a venture capital associate at Carbon Removal Partners, joins the podcast to explore the critical role of carbon removal in combating climate change. Carbon Removal Partners has invested in 15+ startups including Climeworks, Carbonfuture, and Heirloom.In our conversation, we discuss:* The carbon removal methods: from nature-based to high-tech solutions* Measuring and verifying carbon removal effectively* Business models and the evolving role of buyers* The importance of venture capital in scaling carbon removal technologies* Challenges of achieving scalability and affordability* The significance of compliance markets in driving adoption* The future of carbon removal as a cornerstone for net-zero goals***TIMESTAMPS 00:00 Introduction 01:14 Understanding CO2 and Its Impact 04:34 The Rise of the Carbon Market 09:16 Carbon Removal Technologies Explained 18:53 Direct Air Capture: The High-Tech Solution 21:25 Business Models in Carbon Removal 22:16 Understanding Carbon Removal Credits 22:50 Key Players in the Carbon Removal Industry 23:21 Revenue Streams for Carbon Removal Companies 24:44 Buyers of Carbon Credits 26:05 Challenges in Carbon Removal 27:43 The Importance of Permanent Carbon Removal 30:14 Scalability and Affordability 37:27 The Role of Venture Capital43:15 Advice for Entrepreneurs and Investors 45:39 Future Milestones in Carbon Removal 46:51 Conclusion and Summary***REFERENCED• Kyoto Protocol (1997)• Paris Agreement (2015)• Technological Readiness Level (TRL)• CDR.fyi• IPCC Standards• Article 6.4 of the Paris Agreement• Carbon Removal Resources Database***GUEST▶️ Lisa Mangertseder - https://www.linkedin.com/in/lisa-mangertseder***If you’re new here, I'm Hugo Rauch, the founder of VCo2 media and an aspiring climate tech VC who shares insights, interviews, and research about venture capital and climate tech. My goal is to help you become a better climate-tech entrepreneur and smarter impact investor. CONNECT WITH ME ▶️ Newsletter - https://climateventuresvco2.substack.com🔗 LinkedIn - https://www.linkedin.com/in/hugorauch/📧 Email - climateventuresvco2@substack.com🔴 YouTube - https://www.youtube.com/@VCo2_HugoRauch*** 🏁 PAST EPISODES YOU’LL LOVEJacqueline Van Den Ende (Carbon Equity)LEAVE A REVIEW 💜 Apple Podcasts - https://shorturl.at/HIDcg 🟢 Spotify - https://shorturl.at/yDTfR *** SUPPORT 💻 Logo and brand design - Alexander Villinsky📹 Logo animation and transitions - Timothe Lucas This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit newwavenewsletter.substack.com