It’s known as the first-of-a-kind (FOAK) “valley of death” — when climate startups are developing a novel product, but don’t have enough cash to build a capital-intensive factory to produce it.
News
November 6, 2024
Axeleo Capital's new fund hopes to help solve climate tech’s FOAK problem
French VC Axeleo hopes its new fund will help get first-of-a-kind (FOAK) climate tech off the ground
3 min read
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