Investing €300M in climate-tech that can sell to climate deniers - Tim Schumacher (World Fund, Ecosia)
Listen now on Apple, Spotify, and YouTube.***Tim Schumacher, General Partner at World Fund, joins the podcast to share insights on building Europe's largest climate-tech VC and what it takes to back companies that even climate deniers would buy from.In our conversation, we explore:* World Fund's investment and fundraising strategy* Assessing startups with the climate performance potential (CPP) * Climate-tech that can sell to climate deniers * The founding of Ecosia* … and more!***TIMESTAMPS 00:00 Introduction01:22 Tim's Journey from Software to Climate Tech 06:18 Ecosia: A Climate-Friendly Search Engine 14:57 World Fund's Investment Strategy 20:11 The Importance of CO2 Reduction 26:03 Assessing Climate Performance Potential (CPP) 31:12 Defining the Ideal Founder 33:42 Global Applicability and Market Fit 37:32 Due Diligence in Climate Tech Investments 40:51 Selling to Climate Deniers 43:55 Future Outlook for Climate Tech 48:05 Rapid-Fire Questions 54:52 Closing Thoughts and Final Words***FRAMEWORKS* Climate Performance Potential (CPP) - A methodology developed by World Fund to assess how much carbon a technology can save over time.STARTUPS* Ecosia – A search engine that uses ad revenue to plant trees.* Planet A – chocolate alternative made from oats and precision fermentation.* Anaphite – Developing new battery production methods for electric vehicles.* Aedifion – AI-powered energy optimization for buildingsFUNDS* European Investment Fund (EIF): A major LP in World Fund.* World Fund – Europe's largest climate-tech VC.* Better Ventures – An impact-focused angel investment group.* Energy Impact Partners (EIP) – A later-stage climate-tech fund.***GUEST▶️ Tim Schumacher - https://www.linkedin.com/in/timschumacher/🔗 World Fund - https://www.worldfund.vc/***If you’re new here, I'm Hugo Rauch, the founder of VCo2 media and an aspiring climate tech VC who shares insights, interviews, and research about venture capital and climate tech. I aim to help you become a better climate-tech entrepreneur and smarter impact investor. ***CONNECT WITH ME ▶️ Newsletter - https://climateventuresvco2.substack.com🔗 LinkedIn - https://www.linkedin.com/in/hugorauch/📧 Email - climateventuresvco2@substack.com🔴 YouTube - https://www.youtube.com/@VCo2_HugoRauch*** PAST EPISODES* Heidi Lindvall on Impact Assessments (Pale Blue Dot)* Eric Gossart on Impact VCs vs Traditional VCs (Racine2)* August Solliv on cleantech 1.0 lessons (Impact Supporters)***LEAVE A REVIEW 💜 Apple Podcasts - https://shorturl.at/HIDcg 🟢 Spotify - https://shorturl.at/yDTfR *** SUPPORT 💻 Logo and brand design - Alexander Villinsky📹 Logo animation and transitions - Timothe Lucas This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit climateventuresvco2.substack.com