For pretty much every startup, there’s a perilous period that occurs after things are up and running but the money isn’t flowing. Called the “valley of death,” the conundrum is especially challenging for climate tech startups, which tend to have a longer time to revenue than something like a payments SaaS, making the valley that much longer and more treacherous.
With some hard tech problems, whether they be fusion power, carbon capture or mushroom-based leather, another valley of death happens even earlier.
Traditionally, this is how it has worked: Founders start with government grants and pit
Collaborative Fund and the Wyss Institute partner to bridge the climate tech ‘valley of death’
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