THE TRADITIONAL FUNDING CYCLE DOESN'T WORK FOR CLIMATE TECH

Summary from the TLDR Founders newsletter

Venture investment has been developed around companies that have predictable stages and timelines for growth. Raise your Seed when you’re at X level, move onto Series A at Y. For climate tech, these rules simply don’t apply. They have long R&D periods and often require a fair amount of capital before they can flip the monetization switch.