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Rondo Energy funding shows a new way across the climate startup ‘valley of death’

Fundraising /

Outside of AI, few startups have drawn venture investments like climate tech. And like AI, companies in the sector need large infusions of cash, sometimes well beyond what a typical venture investor might offer, to reach a size where they’ll be able to make a mark. A new deal involving Rondo Energy, which makes thermal energy […]

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The ‘valley of death’ for climate lies between early-stage funding and scaling up

Climate /

Jonathan Strimling faced a dilemma. His company had spent nine years working on chemical processes that could turn old cardboard boxes into high-quality building insulation. The good news was the team had finally cracked it: CleanFiber’s technology pumped out insulation — really good insulation. It had fewer contaminants and produced less dust than other cellulose

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