Climate Focus Brings Best Results, says World Fund’s Alexis Caporale
The companies that will deliver the highest climate impact will also provide the highest financial returns, was the founding thesis of World Fund, said Alexis Caporale.
“And now we're seeing it, and it's just incredible. They just do better, they're more resilient, their customers are more engaged, and their teams are more engaged,” he said.
World Fund is a 350-million euros climate-focused VC, which has unveiled seven investments so far, including Treecard, Juicy Marbles, QOA and Space Forge.
A few key takeaways from Alexis Caporale:
The companies that will deliver the highest climate impact will also be the ones delivering the highest financial impact – that was the founding thesis of the fund. And now we're seeing it, and it's just incredible. They just do better, they're more resilient, their customers are more engaged, and their teams are more engaged. I mean, talent is probably one of the most complicated things that a company faces when they need to scale and purpose mission-driven founders are able to attract better talent, and for that, they remain in the company.
We see that those companies which focus on the energy transition, so basically, electrification and beyond, are getting lots of inbound from the market because everyone is trying to understand how to stop depending on Russian commodities. So for those companies focusing on electrification, there are more opportunities, but you have to you also have to be very careful because some of these opportunities can be just short-lived.
Everyone is gonna be tweeting about the economy, VCs, and how valuations were crazy, and how we're never gonna do that again.
For Barcelona, climate tech is really, really, really moving a lot. Spain has some characteristics in some industries, like food, for example, or agriculture.
There are lots of things going on in Barcelona; you will see Barcelona becoming a hub for climate tech. Sooner rather than later.