Climate Tech
Capital Strategy for a Climate-Tech Founder
Mapped a multi-stage capital stack across grants, venture debt, and equity to extend runway without dilution.
24 months of runway secured
Startup & Tech
EV / Cleantech
Electric mobility and clean technology, where incentive policy and capital structure move together.
EV and cleantech businesses are built on top of an incentive regime. Central and state schemes, localisation requirements, and charging-infrastructure policy determine unit economics directly — and they change. A model that works under one scheme year can be marginal under the next.
That policy exposure sits alongside heavy capital needs: batteries, tooling, and distribution all demand funding before scale. Climate and impact capital is available and actively looking, but it underwrites differently from generalist venture and expects impact reporting most companies are not set up to produce.
We model returns against the actual incentive regime rather than a steady state, and build the blended capital stack and reporting that climate investors require.
How we work in EV / Cleantech
What the engagement usually looks like
Incentive-aware unit economics
Model against real central and state schemes and localisation thresholds, including what happens when they lapse.
Climate and blended capital
Structure impact funds, concessional finance, and venture debt alongside equity for a capital-heavy build.
Impact and covenant reporting
The measurement climate capital requires, set up once rather than reconstructed each quarter.
Capabilities
Where this work sits in the studio
- Debt & Blended FinanceWorking capital, venture debt and blended structures for businesses that should not be raising equity.Read more
- Government Grants & SchemesIdentifying, applying for and staying compliant with the non-dilutive government funding a business already qualifies for.Read more
- ControllershipThe controls, reporting structures and governance systems that make a company's numbers trustworthy.Read more
Looking for the programmes themselves? See which government grants and schemes you qualify for.
Proof
What we have done in this sector
Talk to someone who knows the sector
Tell us where the business actually is and we will tell you what we would do first. No deck required.