Company News

CTVC raises $1.75m and launches market-intelligence platform to accelerate climate tech deployment

Author: 
Kim Zou
Updated: 
May 19, 2023
CTVC raises $1.75m and launches market-intelligence platform to accelerate climate tech deployment
5
 read
An update from Kim as CTVC prepares to go beyond the inbox

We started writing in early 2020, when “climate tech” was still emerging from the shadow of Cleantech 1.0. Sophie and I built this newsletter on a simple foresight: climate change is not just a crisis, but a trillion-dollar opportunity.

Since then, we’ve tracked the pulse of the sector — from climate venture funding’s meteoric rise past $40 billion, to landmark US legislation (IRA, IIJA, CHIPS), to the growing role of corporates and financial institutions. We mapped the market as definitions were still forming, dove into new sectors from carbon markets to mining, and unpacked the capital stack needed to scale decarbonization.

By 2023, it was clear the project had grown far beyond a newsletter. Decision-makers across corporates, investors, governments, and financial institutions were opening every issue (most within five minutes of landing in their inbox 🤯). Our charts were showing up in investor decks, conferences, and research notes, and readers were asking for deeper data and insights.

That’s when I met Mark Taylor. Mark cut his teeth at BloombergNEF, where he built coverage on CCS and geothermal, later leading product development as part of the exec team. With 15 years focused solely on decarbonization, Mark brought the product vision and team-building experience we needed. From our first conversation, it was clear he was the missing partner to help scale our insights beyond the inbox. I’m thrilled he joined as Co-founder and Chief Product Officer.

Together, we spoke with readers across corporates, investors, and governments. The message was clear: despite ~$100 billion of dry powder and historic incentives, most were still searching for a playbook on how, when, and where to deploy capital.

So we’re expanding CTVC into a full insights platform, built on four pillars:

  1. Data-first, and further. Our foundation is tracking thousands of companies and capital allocators. But rounds alone don’t tell the story — so we’re following contracts, projects, and partnerships that drive real deployment.
  2. Systems thinking. Climate solutions don’t exist in siloes. Our research connects energy, transport, buildings, and industry as one interdependent system.
  3. Integration across players. Startups, corporates, governments, and investors all have roles to play. We cover the full stack, because net zero requires all four working in sync.
  4. From innovation to deployment. Scaling new tech — from hydrogen to long-duration storage — requires bridging the gap between lab-stage innovation and bankable project finance.

To make this leap, we raised $1.75 millionin pre-seed funding from climate leaders including John Doerr, Tom Steyer, Dawn Lippert, and AccelR8. We’ve also built an advisory board with experts from Lux Research, GTM, and BNEF, including Matthew Nordan, Shayle Kann, and Michael Wilshire.

Our team is growing: Today, we’re already working with a select group of financial institutions, corporates, and late-stage investors — and will share more in a platform deep dive later this year. Through it all, our mission hasn’t changed: accelerate climate tech deployment. To our 50,000+ readers, the newsletter will always remain free, and every week you’ll keep seeing fresh, proprietary analysis from inside the market.