Was in a TechCabal article written by Hannatu-Favour Asheolge about a novel ClimateTech project, where I shared about the challenges in funding ClimateTech. Here’s an excerpt: “ClimateTech startups need more capital — about four to five times more than FinTechs, for example — which is more than most early-stage VCs provide. Private equity firms also tend to stay away, as they generally prefer to invest in cash flow-positive businesses.” Pretty interesting piece, give it a read here!
We spoke to a climate tech founder who built a device capable of reducing energy consumption by ACs. In this article, we also spoke with energy expert Oghosa Erhahon on Nigeria’s climate problems and why climate tech founders sometimes have a hard time raising money. Click here to read the article: https://lnkd.in/eb6tjtiE
