Climactic is a venture capital firm that invests in climate tech companies. The firm supports institutional and individual investors who are interested in scaling climate technology.

Climactic

CLIMACTIC invests in visionary founders solving our planet’s greatest challenges: battling climate change, achieving sustainability, and creating a more circular economy. Founded by serially successful entrepreneurs who are also seasoned venture capitalists and growth execs, Climactic will help engineer the next wave of multi-billion dollar companies aligned with planetary and societal prosperity - proving that capitalism and impact are not in conflict.

https://twitter.com/climacticvc

Our big day has arrived! Though Climactic has been talked about often in the media, we have yet to officially and publicly launch our fund. Today we are doing jumping jacks as we reveal Climactic to the world. None of this would have been possible without the incredible support of so many and we are grateful!

Team Climactic is Raj Kapoor, Josh Felser, Peter Sun, Paul Hawken and Van Jones. We created Climactic to leverage our collective skills and knowledge to help #climatetech #founders build and scale big, bold, impactful companies. Our unified mission is to decarbonize the Enterprise and mobility with a software-first mentality and yes #AI is a vital ingredient in the mix. (https://lnkd.in/d3XnPn75)

Today we have a timely request to help us spread the word, especially to climate founders, that we are open for business. We have worked hard to get here, though not as hard as our founders of course, and we truly need your influence to help us grow! Thank you for your ongoing support.

You can read more scintillating details about us here
https://tcrn.ch/41ogxlJ
and here
https://lnkd.in/dzhvsAgY

EFFICIENCY IS THE NEW E IN ESG

These past few months, I have been meeting with C level execs at big corporates around the world & one thing has become crystal clear: Fortune 500 companies are at their budgetary limits on spending to achieve sustainability as a COST CENTER. They are under pressure from their Boards & largest institutional investors to show performance increases & ROI in “climate tech” spending. While their current budgets may not be cut, any incremental spend has to come with a positive ROI. 

Several C levels execs are also genuinely concerned about their own job security if they push too hard on sustainability & warn, if they get fired, we won’t like their replacements. We need to stop telling these execs that they can do better but instead meet them where they are. 

The political winds are scary right now as we all speculate on the planetary damage of a Trump trifecta: POTUS, SCOTUS, Congress. Couple that with the pressure on DEI and ESG & basically much of the #climatetech air cover that US companies have enjoyed, may evaporate. Yes a President named Harris could mitigate much of this but given the uncertainty it would be foolhardy to rely on this outcome.

While none of these seismic shifts are a revelation, it’s still a massive wake up call for our ecosystem: 1) We must provide our enterprise customers with more exciting & demonstrable ROI paths 2) We at Climactic have reframed our climate tech mission as efficiency tech, which feels authentic to much of what we already do. We invest in founders creating solutions that both reduce emissions & are accretive to income. These goals need not be mutually exclusive. We need many approaches to financing climate tech innovation, including the amazing VCs who have engineered their funds to focus on longer term outcomes.

Climactic is supremely fortunate to have @Paul Hawken as a partner & he has been framing climate and sustainability for big corporates and basically all of us, for years. He is currently the primary climate advisor to the CEOs of Walmart & Nestlé.

SO what does efficiency tech even mean & why is it climate tech. We believe that startups focused on not just using cleaner resources but also using fewer resources per product are the answer. This applies to everything from resource extraction, manufacturing, supply chain, up & down-cycling, re-commerce…. This applies to every car you drive, laptop you use, apple you eat & of course every AI query you make. 

The alpha in efficiency generation is AI! At Climactic, Raj, Peter Sun & I are laser-focused on the intersection of climate tech & AI. We are hosting our second inaugural Climate Meets AI event at Climate Week NY on 9/25 from 3:00 - 8:00. Placeholder event page is here https://lu.ma/burtww2y. Last year’s event was way-oversubscribed & this year’s looks even more promising. 

So if you are a founder or a corporate exec and & you are fired up about using efficiency to engineer sustainability, DM me so we can talk!!!

I want to be crystal clear with this community as we enter this important and crazy election season…

Unlike some others in Silicon Valley (which I believe are a minority) - I am NOT a single issue voter  

Even though my crypto or unrealized tax gains from being a vc may be in jeopardy with the current administration, I care more deeply about preserving our democracy, women’s rights and acting on climate 

I cannot vote for a party who will leave our earth in a worse place for our children just to save some bucks

I will vote to better the collective vs my own pocketbook - go Dems!

Putting his country ahead of his ego - he is a class act - this is the kind of role model I want for my children 🙏❤️

If climate is an issue you care about (whether it’s impacting you, it will definitely impact your children and grandchildren), here’s an important article to read on what’s likely to happen under trump 2.0….

I sincerely hope many can move from being single issue voters and take this important consideration into account at the polls….

I am honored to be featured in my dear friend Dave Hersh’s latest newsletter, One in Ten Thousand. Dave shares how my personal board of directors saved me from a costly mistake. 

His insights on building your own advisory board are invaluable for any leader. 

Plus Dave’s work on transforming businesses is reshaping how we think about sustainable, mission-driven companies. 

Check it out and subscribe here: https://lnkd.in/gTn-Svbu, and give him a follow him on LinkedIn! #leadership #Startups #Entrepreneurship #personalboard

VC:CLIMACTIC

Climactic