Rumbo Reads 📖
Ti's the reason
DECEMBER 2022 🎄
“Do the best you can until you know better. Then when you know better, do better.”
– Maya Angelo
Warm-up
Reads📚
“Above all, Mexico has a deeply entrepreneurial culture that has been renewed and sophisticated in recent years, and that can be directed to initiatives of the so-called #climatetech in a very short time…”
On COP27 & Latin America’s Gen Z - Rumbo Ventures
“In other words, the glass on climate-saving tech looks half full if you squint right — but half full isn't enough…”
The slow but steady progress of climate tech - Axios
“Like we do with tamales, we need to build them fast, early, and in teams. LatAm is in a geographically unique position to build the best climate tech startups in the entire world…”
Software ate Latin America. Now AI and climate tech are about to eat software - Latitud
Recordings 🎤
“The interesting thing about green energy is, on a marginal cost basis, which we economists know is the only thing that really matters, the marginal cost of wind and solar and almost all green energy is nil…”
Jeremy Grantham on investing in Green Tech - Conversations with Tyler
“And then there’s the holy grail of climate, tech: nuclear fusion…”
The big debate in climate tech. Plus Jancis Robinson - FT Podcast
Rounds 💲
Pre-seeds and seeds 🌱
Repath - Hamburg-based SaaS company, identifying and managing business climate risks - raised a pre-seed €1.2m round from Better Ventures, Nucleus Capital, Wenvest Capital and the Auxxo Female Catalyst Fund amongst others
India-based SaveEat, raised a $500k pre-seed round in order to reduce food wastage and combat climate change
Plant cell-based biomanufacturing platform Green Bioactives raised a £2.6 million seed round led by Eos Advisory LLP
A, B, C, D…🌳
Sustainable construction company Plant Prefab raised a $42 million series C led by Gerdau Next Ventures
London-based Basecamp Research raised a $20 million series A from Systemiq Capital, Valo, Blue Horizon, True Ventures, and Hummingbird Ventures
AgTech Sound Agriculture raised a $75 million series D round led by BMO Impact Investment Fund and Chan Zuckerberg Initiative
Main ideas
On the fusion energy breakthrough🔅
“In theory, once humans figure out how to make nuclear fusion happen in a controlled way, the possibilities are endless…”
What in the world is nuclear fusion — and when will we harness it? - The Verge
“The fusion reaction at the US government facility produced about 2.5 megajoules of energy, which was about 120 per cent of the 2.1 megajoules of energy in the lasers, the people with knowledge of the results said, adding that the data was still being analysed…”
Fusion energy breakthrough by US scientists boosts clean power hopes - Financial Times
On the holidays 🌠
“Shop online to save fuel consumption. Do not subscribe to holiday gift catalogues. Bring your own resuable tote when shopping in stores. Look for gifts with minimal packaging…”
Green your holiday season - Harvard University
“As tech and crypto retrench amidst the economic downturn, climate tech investing will emerge as a relatively predictable safe haven for entrepreneurs, tech refugees, and investors. The inevitable impacts of climate change, alongside the recently passed Inflation Reduction Act, will create the conditions/precedent for a long bull run across the climate tech landscape…”
Sustainability And Climate Tech Predictions For 2023 - Forbes
Miscellaneous
Tweets that speak 🐦
Random 🛸
