Urban Future Lab reposted this
As 2025 ramps up at work, I’m reflecting on some key takeaways from representing the #C2VInitiative and Greentown Labs at #Deploy24 in DC this past December. 💸 “Innovation Without Deployment Is a Tragedy” Vanessa Z Chan reminded us that the energy transition needs both innovation and scaled deployment. Public and philanthropic funding will be key to unlocking the $23T in private capital needed for large scale deployment. 🧠 Capability Gap Beyond the large capital need, entrepreneurs transitioning from the innovation stage to the deployment stage face a major gap in skillset – switching from “build fast and break stuff, to build stuff that won’t break,” as Rob Day of Spring Lane Capital put it. The energy transition depends not only on technology and capital but also on experienced teams capable of scaling innovations sustainably. This is a key risk management component for attracting large capital. This capability gap, which was also outlined in a recent Office of Clean Energy Demonstrations | U.S. Department of Energy report, is something we at the #C2VInitiative have observed through our four years of running our program, as many of our alumni are now entering the scale-up stage as the general carbontech/carbon removal sector matures. It was validating to hear this theme resonating across many different panels and discussions throughout #Deploy24, and we are excited to explore how the #C2VInitiative can help bridge this gap for the carbontech world in the years to come. The #C2VInitiative is a partnership among the Urban Future Lab, Greentown Labs, and Fraunhofer USA Inc., creating a first-of-its-kind collaborative ecosystem for #carbontech startups and leading corporations, with the end goal of making carbontech cost-effective and achieving its deployment at scale. Learn more at https://lnkd.in/e5SfMyZY.