I like to think I know what I am doing with my money, but when the billionaires come on board I am relaxed and comfortable
https://moontechnews.com/green-tech/the-place-can-cleantech-startups-discover-funding-in-2019/
What about billionaires and foundations?
Prime Influence Fund and Tribeca Early Stage Companions simply co-led a $2.5 million financing spherical in Lilac Options, a lithium extraction expertise startup. Prime allows foundations and philanthropists to take a position immediately in early-stage, high-risk expertise startups.
The CEO of Lilac, David Snydacker, argues that the EV market has pushed the battery trade to such scale and throughput that a lot of the manufacturing value has already been squeezed out, and we’re beginning to bump up in opposition to the price of supplies. Snydacker mentioned that there are dozens of lithium useful resource builders that know the place to seek out the brine. “What they’re lacking is the extraction piece,” he mentioned.
