TED leaders $300M valley of death fund might be just what laterstage climate tech needs | TechCrunch

Image for article TED leaders $300M valley of death fund might be just what laterstage climate tech needs | TechCrunch
News Source : TechCrunch

News Summary

  • All Aboard Coalition aims to raise $300 million by October to help climate tech startups.
  • The fund is led by Chris Anderson, the renowned curator and former head of TED Talks.
  • The group includes Ara Partners, Breakthrough Energy Ventures, Congruent Ventures, DCVC, Energy Impact Partners, Future Ventures, Gigascale Capital, Khosla Ventures, NGP Energy Capital Management, Obvious Ventures, Prelude Ventures, S2G, and Spring Lane Capital.
  • All Aboard will write checks for equity or convertible equity, but it won’t offer loans or back specific projects.
Like many startups, climate tech companies often face a valley of death that lies between earlystage funding and growth capital that helps proven technologies reach commercial scale.But because cl [+2431 chars]

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