Aligning Climate Impact with Venture Success - Heidi Lindvall (Pale Blue Dot)

Aligning Climate Impact with Venture Success - Heidi Lindvall (Pale Blue Dot)

Author: Hugo Rauch January 21, 2025 Duration: 55:50

Listen now on Apple, Spotify, and YouTube.

***

Heidi Lindvall, a general partner at Pale Blue Dot, a climate-focused venture capital fund from the Nordics, joins the podcast to discuss the unique challenges and opportunities in building a VC firm centered around climate impact.

In our conversation, we explore:

* Her approach to assessing impact as a climate-tech VC

* Why intentionality is the most important criteria for impact

* What we can learn from traditional startups and VCs

* And more..

***

TIMESTAMPS 00:00 Introduction03:18 Why Invest in Climate Tech?05:31 Challenges and Opportunities in Climate Investing11:12 Understanding Impact Measurement22:23 Evaluating Founders and Intentionality30:46 Challenges with Climate Fund Restrictions34:39 Balancing Impact and Returns40:08 Annual Reporting and KPIs44:44 Carried Interest Linked to Impact47:22 Rapid Fire Questions54:15 Summary and Closing Remarks

***

REFERENCED• Impact Measurement Framework• SFDR Article 9 • Climate Pledge• Less is More by Jason Hickel

***

GUEST▶️ Heidi Lindvall - https://www.linkedin.com/heidi_lindvall

***

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 YOU’LL LOVE• Lisa Mangertseder on Carbon Removal (Carbon Removal Partners)Eric Gossart on Impact VCs vs Traditional VCs (Serena x Racine2)

***

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 newwavenewsletter.substack.com

Hugo Rauch hosts New Wave, a podcast that lives at the intersection of business ambition and scientific reality. This isn't about distant predictions or abstract science; it's a grounded exploration of the technologies and companies being built right now to address our environmental future. Each episode focuses on the practical journey, dissecting the models, the breakthroughs, and the hard decisions that define the climate tech landscape. You'll hear from founders, researchers, and investors who are actively shaping this space, getting into the specifics of what works, what doesn't, and why. The conversations move beyond hype to examine the tangible mechanics of creating viable solutions, from energy storage and sustainable materials to carbon removal and regenerative agriculture. It’s for anyone who thinks about the climate challenge not just as a crisis, but as a complex and urgent field of innovation. By tuning into this podcast, you gain a clearer understanding of the economic forces and scientific principles driving the next generation of environmental solutions. New Wave connects the dots between the lab, the boardroom, and the impact we need to see in the world, offering a sober yet optimistic look at where substantive progress is truly being made.
Author: Language: English Episodes: 89

New Wave.
Podcast Episodes
Jahed Momand (Cerulean Ventures): AI, Nature & Pre-Seed Bets [not-audio_url] [/not-audio_url]

Duration: 51:38
Subcribe to the newsletter: New Wave | Hugo Rauch | Substack****🌊 Pricing Nature As An AssetWhy the next wave of climate returns will be built on data, ecosystems, and riskWe’re joined by Jahed Momand, General Partner at…
Jessica Burley (Planet A): Funding the Physical World in Europe [not-audio_url] [/not-audio_url]

Duration: 27:57
Thank you to this week’s sponsor:Accelerating Impact - a non-profit advancing impact finance by mobilizing capital and running free accelerator programs for emerging fund managers. Join for expert coaching, training, fin…
Erik Engellau (Norrsken Launcher): How To Commercialize Science [not-audio_url] [/not-audio_url]

Duration: 53:52
Thank you to this week’s sponsor:Accelerating Impact - a non-profit advancing impact finance by mobilizing capital and running free accelerator programs for emerging fund managers. Join for expert coaching, training, fin…
AI for Materials: Breakthrough or Illusion? [not-audio_url] [/not-audio_url]

Duration: 45:28
Sign up to New Wave's newsletter. ***This week on New Wave Weekly:👉 AI won’t magically invent new materialsAlphaFold worked because biology had great data. Inorganic materials don’t. Sparse datasets, missing thermodynami…
Anna Finizio: Inside Europe’s Largest LP (EIF) [not-audio_url] [/not-audio_url]

Duration: 45:03
Thank you to this week’s sponsor:Accelerating Impact - a non-profit advancing impact finance by mobilizing capital and running free accelerator programs for emerging fund managers. Join for expert coaching, training, fin…