- June 23, 2021
- Posted by: Stratford Team
- Category: Business
Scaling any startup is a challenge. As their businesses grow, startup founders must build innovative products and cultivate top-tier talent bases, all while contending with the immense pressure of standing out in a crowded field of entrepreneurs bidding for the same investment dollars and customer backing. In the climate tech sector, this competition — and the hurdles companies face in order to succeed — becomes particularly heightened.
Last year, we saw a record year for climate tech investment with over $16 billion allocated to clean energy and sustainability startups. As the industry responds to growing interest from the corporate sector and across government — from the White House to individual cities — appetite for, and the emergence of, new climate tech startups shows no signs of slowing. But even with extraordinary investor confidence, the road to growth is never easy.
Climate tech startups face unique challenges that companies in…