#129 A Decade of Energy Investing, Impact Investment Hurdles, & Launching a 2nd Fund w/ Jason Blumberg (Earth Foundry)

Why you should listen:

• How to succeed in building your company from a seasoned ClimateTech and energy investor

• How to successfully expand your thesis and launch a new fund

• Learn the best ClimateTech industries of the future

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In this episode, Silas Mahner (@silasmahner) & Somil Aggarwal (@somil_agg) speak with Jason Blumberg from Earth Foundry. Earth Foundry came out of Energy Foundry, who after a successful decade of investing in energy technologies is expanding its scope to other areas of climate tech.

Jason Blumberg is the co-founder and Managing Director of Earth Foundry. As a former consultant and founder in the energy space, he has sat on the boards of many companies and has a wide array of knowledge about energy and beyond to share with us.

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Topics:

• 1:21 Intro + career

• 2:25 How Energy Foundry Became Earth Foundry

• 6:32 Changing Thesis

• 9:40 Lessons from a decade of energy VC

• 21:14 Raising a fund

• 22:55 Being a repeat fund manager

• 31:23 How Discipline Became Fund Success

• 34:30 Energy VC vs. general VC

• 38:56 Best cleantech industries to invest

• 57:08 Advice to founders

Links:

• Connect with Jason: https://www.linkedin.com/in/jasonblumberg/

• Earth Foundry: https://www.earthfoundry.com

• Check out our Sponsor, NextWave Partners: https://www.next-wavepartners.com/

• Follow CleanTechies on LinkedIn: https://www.linkedin.com/company/clean-techies/

• HMU on Twitter: (@silasmahner) & (@somil_agg)

Other episodes you might enjoy:

• Most Recent Episode: #128 Branding & Marketing Your ClimateTech Startup w/ Anna Konstantinova (AnnaKo.Co)

• Similar Topic: #116 Consultive VC, Understanding Customers (as a VC), Developing Industry Networks for Your PortCos, & More w/ Rick Zullo (Equal Ventures)

• Something Totally Different: #120 Serial Entrepreneur Fundraising, the IRA & Home Electrification, IRA-Dependent Business Models, & More w/ Jeff Chapin (Haven Energy)

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