Rumbo Reads 📖
Onwards & Upwards ▶️
JANUARY 2023
“Life is like riding a bicycle. To keep your balance, you must keep moving.”
– Albert Einstein
From Rumbo with 💚
“Rumbo Ventures is on the lookout for the latest trends and developments in climate technology, identifying emerging trends and opportunities with the potential to profoundly transform our path to net zero.”
Setting a New Path in Climate Tech with Rumbo Ventures - Fernando Lelo de Larrea, Rumbo Ventures
“Can you imagine a society where food waste and its environmental footprint become minimal or non-existent? And where all people have access to affordable food and basic goods? Nilus is setting the ground for it.”
Nilus: Tackling the social and environmental costs of food waste - Elidet Hernández, Rumbo Ventures
“Thalasso is set to become a building block of the “blue economy” in the Caribbean, supporting economic growth while preserving oceans and marine life, and, therefore guaranteeing the resilience and stability of coastal zones in the long term.”
Thalasso: Leading the Sargassum Revolution - Jimena Méndez, Rumbo Ventures
Warm-up
Reads 📚
“A shared vision is crucial to crafting reality. The coming decades will be decisive for the planet, and investment and innovation embodying new technologies, together with the drive to net-zero will yield the growth story of the 21st century…”
The global growth story of the 21st century: driven by investment and innovation in green technologies and artificial intelligence - World Economic Forum
“Challenges exist and many companies will fail, but enduring companies will be created and will strengthen our planet and economy while also inspiring more innovation in a much-needed disruption…”
Investing in Climate-Tech, Why We Think This Time Is Different - Vintage Investment Partners
Recordings 🎤
“The task of shrinking our societal footprint is the most urgent problem of our era — and perhaps the most intractable...”
What does sustainable living look like? Maybe like Uruguay - The Daily
“Davos gives you the opportunity where you can… speak science to power…”
How climate reached the world’s elite in Davos, with Gail Whiteman - Zero Podcast, Bloomberg
Rounds 💲
Pre-seeds and seeds 🌱
California-based biomanufacturing company Visolis raised an $8 million series seed with the participation of BlueYard Capital and First Bight Ventures
Singaporean renewable energy company Reclimate raised an undisclosed pre-seed round led by Antler
Tel Aviv-based Polygreen raised a $4.1 million series seed
A, B, C, D…🌳
Chilean bioplastic packaging company BioElements raised a $30 million series A round led by BTG Pactual
UK-based machine learning platform Measurable Energy raised a £4.5 million series A round led by Clean Growth Fund
Main ideas
The climate revolution 🔋
“As we look ahead to 2023, we see a number of exciting trends and opportunities emerging that we believe will shape the future of this rapidly evolving field…”
The top 6 climate tech trends you can’t afford to miss in 2023 - Sebastian Heitmann, Extantia Capital
“Climate Tech Venture investment is now 40x larger than it was a decade ago…”
Defying gravity, 2022 Climate Tech VC funding totals $70.1B, up 89% on 2021 - Holon IQ
On agriculture finance 🌽
“Fintech’s next wave will focus on improving the less well-known, less ‘sexy’ markets fundamental to the global economy – and one of the largest markets primed for disruption is agriculture finance…”
The Next Fintech Revolution: Agriculture Finance - Forbes
“Land is the most valuable asset for farmers. Equally, agriculture is one of the most critical global drivers of climate change…”
Empowering small-scale food producers with fintech - European Bank