This brick is for companies that are building CAPEX-intensive, large-scale plants for established green production. Think green steel, batteries, and synthetic fuels.
Develop and execute on clear roadmap to cost competitiveness, including proven green
This is an execution game – build FOAK plant and scale rapidly
Ensure committed take-or-pay offtakes to unlock non-dilutive capital and equity
Brick
One out of seven bricks, each with unique milestones
Critical Unlocks
Three most important aspects throughout the scaling journey for climate tech companies to secure financing and support scale
Funding Rounds
Milestones reached before securing financing in each funding round, e.g., milestones in column “Series A” typically reached before securing financing in Series A round
Capital Stacks
Typical distribution of capital (equity, debt, grants, and project financing) raised in each funding round
Dimensions
Dimensions which different milestones are mapped to, covering the most important themes for fundraising and scaling
Milestones
Typical milestones to have in place ahead of each funding round to secure financing and support scale
Develop and execute a clear roadmap to achieve cost competitiveness compared to peers
Prioritize execution: build a FOAK plant and scale rapidly
Ensure take-or-pay commitment off-takes to unlock non-dilutive financing
Prioritize investments based on large-scale off-takes and proven CAPEX optimization to ensure high upfront investment repayment
Support founders by introducing them to potential large-scale customers, helping them identify reliable supply chain partners, or assisting in obtaining site approvals
Set and track milestones for portfolio companies
Pre-approve regulatory land requirements for sites to facilitate rapid scaling
We reviewed more than 4.000 companies to ensure the bricks reflect successful scaling journeys