Why Crosscut Ventures is ‘following the founders’ into climate, space, and beyond

Quick Summary:

It’s called the “valley of death,” the “missing middle,” or the “first-of-a-kind problem,” and founders and investors have started exploring creative ways to bridge the gap.

De Chant is also a lecturer in MIT’s Graduate Program in Science Writing, and he was awarded a Knight Science Journalism Fellowship at MIT in 2018, during which time he studied climate technologies and explored new business models for journalism.

Despite the costs, hardware remains alluring to investors for several reasons: The opportunity to have an impact can be bigger when hardware is involved, especially in something like climate where the problem is driven by the burning of fossil fuels, something no amount of software can completely eliminate.

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Article Details

Author / Journalist: Tim De Chant

Category: Technology

Markets: United StatesChina

Topics: Fundraising Exclusive Defense tech Crosscut ventures Climate tech Venture Climate Space tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 14:00:00 (2 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 769 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © TechCrunch

News ID: 23327768

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