Analysis

March 3, 2023

The rise of the infrastructure startup

In the race to build green infrastructure, VCs are having to get comfortable backing a whole new kind of company


Northvolt's Dwa facility

VCs are waking up to the fact that the battle against climate change can’t be solved with escooters or software — two areas they’ve ploughed billions into in recent years.

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Northvolt's R&amp;D facility. A warehouse-like building in a forest clearing
Northvolt's R&D facility
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A zero carbon steel manufacturing facility in Sweden. Photo: H2 Green Steel.
A zero carbon steel manufacturing facility in Sweden. Photo: H2 Green Steel
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A carbon capture and storage plant in the UK
A carbon capture and storage plant in the UK
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Freya Pratty

Freya Pratty is a senior reporter and investigations lead at Sifted. Follow her on X , LinkedIn and Bluesky

Eleanor Warnock

Eleanor Warnock is an advisor to VC firm Bek Ventures, and writes a newsletter on tech and writing. She was previously Sifted’s deputy editor. Find her on X and LinkedIn

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