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TED leader’s $300M ‘valley of death’ fund might be just what later-stage climate tech needs
The new fund hopes to send a "Seqouia-like" signal to other investors that there are promising later-stage climate tech startups waiting to be funded.
Like many startups, climate tech companies often face a “ valley of death ” that lies between early stage funding and growth capital that helps proven technologies reach commercial scale. Anderson, who transformed TED from a small conference into a global platform for spreading ideas, is now applying his network-building prowess to bridging a gap in climate technology investing. For climate tech startups looking to cross the valley of death, they’ll collectively need more than $300 million — and likely far more than the $60 billion that the All Aboard members have in assets under management at the moment.
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