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Casper’s co-founder is helping launch an incubator for climate tech startups

As the number of incubated companies expands, Montauk Climate expects to raise its own venture fund to help support them.

After taking the mattress company public in 2020 and then selling it to private equity in 2021, he turned his attention to incubating new businesses, including Haven, which helps people install home batteries. Some incubators accept founders and help them shape companies very early in their development, while others, like Atomic, Idealab and Flagship Pioneering, take the startup studio approach and conceive of the businesses themselves. The insurance idea is the furthest along, Krim said, with a veteran industry CEO in place and a model that focuses on helping business owners manage risks from climate change.

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