“Closing the Gap: Trellis Climate’s Mission to Overcome the ‘Commercial Valley of Death’ for Climate Technology”
Some call it the “commercial valley of death,” and it’s the point at which many climate tech startups struggle.
Climate nonprofit Prime Coalition is hoping to bridge the valley with a new program, Trellis Climate.
Trellis Climate follows the latter model with a focus on middle stages, where capital has grown scarce.
“There are more and more philanthropists that are really interested in solving the climate problem,” Lara Pierpoint, director of Trellis Climate, told TechCrunch.
“It is the most flexible and potentially risk-forward set of dollars that are out there.”For founders in climate tech, that sort of funding is likely welcome news.
