Toyota Ventures's Jim Adler says climate tech startups need to secure future buyers | TechCrunch
Briefly

Jim Adler emphasized that climate tech investments are facing challenges due to low demand, stating that forward offtake agreements could help in securing necessary investments.
Adler highlighted how historically disruptive technologies require a critical mass of 10% to 20% adoption to scale, otherwise they risk failing without sufficient demand.
He remarked, "If the demand doesn't show up, the tech dies. Capitalism is a way to scale these technologies, but not if the customers don't show up."
His presentation underscored the decline in growth-stage deals by 33%, creating barriers for companies that have already demonstrated their technology.
Read at TechCrunch
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