Why did the skyscraper feel lonely?
It couldn't find anyone on its level!
🌎 Welcome back to the CleanTechies PodLetter, Investor edition.
Today, we are talking to Rahul Parekh of 2150.
Rahul broke down the nitty-gritty of how 2150 built (no pun intended) a leading ClimateTech VC fund focused on decarbonizing the built environment.
We talked investing, fund modeling, learning from general VC, FinTech in ClimateTech, & more. This was a VC-fundamental extraordinaire, and super informative for anyone looking to learn more about venture capital.
AND let’s not forget, Rahul spent his holiday with us to do this. Cheers to him.
Enjoy 🥳👏.
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🚨Attention! 🚨 We interrupt your regular programming for an important message.
ClimateTech founders are taking on a huge challenge. Building a climate startup is highly complex but also SO NECESSARY if we are going to save the climate. Founders not only you need to understand how to build a startup, but you also need to understand how to deal with hardware, have a strong handle on climate policy, know how to fundraise from diverse investors types, etc. etc. etc…
It’s a lot.
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The Guest: Rahul Parekh
Rahul is a former investment banker and derivatives trader from Goldman Sachs (GS)
After GS, he spent a year as Managing Partner of the venture firm, Rocket Internet SE
He then spent 4 years building and then exiting his FoodTech company called EatFirst
Now, at 2150, he invests in ClimateTech companies decarbonizing the urban environment, specializing in climate fintech
The Company: 2150
One Liner: global VC fund investing in sustainable urban tech to decarbonize and enhance city resilience
They back tech entrepreneurs with “Constructive Capital”, so they can reimagine and reshape the Urban Stack, for good.
They support companies that leverage structural shifts, kill inefficiencies, remove pain points and enhance environmental upside and create billions in commercial value and lower gigatons of emissions.
2150 is a part of Urban Partners, a platform of vision-aligned, differentiated, investment strategies shaped around urban problem solving.
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📝 Show Notes:
Topics
03:025 Introduction
05:01 Home Decarbonization
08:19 Government Incentives and Policies
24:37 The Breakdown of Investments in 2150
33:29 Intentional Modeling and Entry Prices
42:05 Finance x Climate
45:20 The Urban Stack and City Resilience
47:29 Adding Value Beyond Capital
Links
This podcast is NOT investment advice. Do your homework and due diligence before investing in anything discussed on this podcast.
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🙏🏽 Thanks for tuning in, and see y’all next episode!
#183 Smart Cities, Climate FinTech, Urban Tech, VC Fundamentals, & More w/ Rahul Parekh (2150)