The Valley[s] of Death?
The infamous Valley of Death curve for climate tech startups - how many are there anyway?
The world of climate tech is a challenging one. Developing large-scale industrial processes, technologies, or grid-scale solutions is fraught with significant technology and investment risks.
Many make it through some early challenges - initial technology prototyping, grant funding, team development and establishing indicative product or solution-market fit.
But as time moves on, and the technology roadmap leads in hope towards partnerships through pilot projects and into potential commercialisation, the 'valley of death' curve looms large. 😱