Zeus: A sneak peek at this year's climate startup universe
Even as ESG theme fades, entrepreneurs look to next round of funding.
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(David Callaway is founder and Editor-in-Chief of Callaway Climate Insights. He is the former president of the World Editors Forum, Editor-in-Chief of USA Today and MarketWatch, and CEO of TheStreet Inc. His climate columns have appeared in USA Today, The Independent, and New Thinking magazine).
SAN FRANCISCO (Callaway Climate Insights) — With Middle East hostilities growing and the outlook for U.S. climate leadership tempered by concern about a Donald Trump re-election, it’s no wonder environmental investing themes are off to a rough start to 2024.
But entrepreneurial timetables are on a different plane than momentum flows on Wall Street, and despite a rocky period for clean energy funds, several startups are pressing ahead with their come-to-market ambitions.
From new forms of sophisticated weather balloons (WindBorne Systems), to agrifood companies turning carbon into protein for animals (Novonutrients) to AI robotics companies for packaging (EverestLabs) to a biotech firm using pig embryos to develop pork products without the animals (Mission Barns), I got to meet a selection of founders at a startup event in San Francisco a few weeks ago.