Get the latest tech news

Climate VCs are cautiously optimistic about a second Trump term — here’s why

While the Trump administration isn't exactly climate friendly, many VCs that invest in climate tech still see silver linings.

Sophie Bakalar, a partner at Collab Fund, agreed, and added she wouldn’t be surprised if this second Trump administration also inspired more entrepreneurs to start building in the sector. Bakalar said that while we will likely see climate startups change their messaging and branding, to avoid being associated with the sector if it does fall out of favor, venture firms can’t really do that and climate-focused VCs could see less LP interest over the next four years. Anything involving drilling, as Banchik mentioned earlier, including geothermal and geologic hydrogen, will likely ride the coattails of policies that are favorable to oil and gas extraction.

Get the Android app