This brick is for companies that are developing innovative technologies that revolutionize industries. Think carbon capture and new materials (e.g. food, cosmetics, agriculture, or healthcare).
Establish IP moats through, for example, patents and process design
Execute on clear roadmap to cost competitiveness vs. conventional technology and incumbents
Prove high technology readiness and demand for new technology early on
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
EstablishIP moats through, for example, patents and process design
Execute a clear roadmap to cost competitiveness vs. conventional technology and incumbents
Prove high technology readiness and demand for new technology early on and showcasing economical superiority of technology
Consider proven GTM strategy with commercial traction through offtakes and technical roadmap to cost competitiveness when investing
Support founders in early stages by, for example, helping them find relevant grants to apply for or by guiding them in identifying the most sensible path to achieve technology readiness
Set and track milestones for portfolio companies
Early public funding is critical for enablement – key for European countries to learn from the US
We reviewed more than 4.000 companies to ensure the bricks reflect successful scaling journeys
Discover our process