the background beliefs that inspired this event.

> There are exciting new companies out there ready to play their part.
> However, many of those companies have run into challenges raising the money needed to cross the threshold from compelling technology to proven commercial scale.
> This is the dreaded “valley of death”
> Therefore we are in danger of failing to move at the speed and scale necessary.

We believe this problem calls for a group of climate-focused investors to gather and take steps to make it easier to act in concert. The investment rounds that are needed are often in the range $100m-500m.
Hard to do individually, but within the reach of a broad coalition of us.