New Wave.
This week on New Wave Weekly:
š Stegra and the Billion-Euro Gap
Swedenās Stegra (formerly H2 Green Steel) raised ā¬6.5 billion to build Europeās largest green-steel plant, then the FT called it a āfunding crisis.ā Is this media clickbait, or is Europeās gigascale model showing cracks?
š All Aboard: The Collaborative Fund Movement
A new US initiative is pooling $300M from top VCs to de-risk first-of-a-kind climate projects. Should Europe follow suit, or is public capital our real advantage?
š AI as a Climate Catalyst
From DeepMindās fusion simulations to data centers that run on nuclear-scale power, could AI become the unexpected accelerant for decarbonization?
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References:
Swedish green steel firm Stegra seeks another $1.1 billion in financing | Reuters
SHS Raises $2 Billion for Green Steel Project in Germany - ESG Today
Stegra announces agreement with Microsoft - green steel - Stegra
Laurie Menoud on scaling climate-tech
Flagship green steel start-up in funding crisis
All aboard a game-changing initiative
The real reason Google DeepMind is working with a fusion energy startup
[Book] - Breakneck: Chinaās Quest to Engineer the Futureā by Dan Wang
āAI Infrastructure: Trojan Horses for Climate Infrastructureā
What Denmarkās Hippie Teachers Can Teach Us About Financing Climate Tech
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Wave Makers:
Maxi Pethƶ-Schramm - HV Capital
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Chapters:
(00:00) Introduction
(01:05) VC Money. Infra Problems.
(29:29) āThe First Collaborative Fund?
(41:46) AI for Fusion?
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