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Trellis Climate aims to bridge the ‘commercial valley of death’ for climate tech
Climate nonprofit Prime Coalition is hoping to bridge the valley with a new program, Trellis Climate.
“The highest, best use of philanthropy is in trying new ideas, in really swinging for the fences on the things that have a very high impact potential,” she added. “On the corporate side, a lot of companies are really getting pushed to do the things that create immediate shareholder value.” As a result, there’s a widening gap in the middle. “We strongly believe that philanthropy is the catalyst, but that the goal is to bring in infrastructure investors that are willing to lean forward a little bit on risk,” she said.
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