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I am very proud to have been featured in this insightful Financial Times article. Many thanks to Simon Mundy (Editor - Moral Money Newsletter) for interviewing me and for his extremely clear and concise words; in this piece, he explains in great detail the much-dreaded "Start-up Valley of Death". As a climate start-up, we've encountered a significant hurdle: the pressing need to secure funding for scaling our groundbreaking technologies and combating climate change. While transition finance is gaining momentum, a substantial funding gap remains, especially for companies like ours that are constructing their first full-scale plants. Feel free to read the full article here: https://lnkd.in/dxWjN_GE Here are some key takeaways: 🟢 Energy Dome, like many climate start-ups, faced the daunting task of securing funding for its first full-scale energy storage plant, often referred to as the "valley of death." 🟢 A partnership between the European Investment Bank (EIB) and Breakthrough Energy Catalyst provided a critical lifeline, granting Energy Dome €35 million and €25 million in venture debt respectively. 🟢 This funding is currently enabling Energy Dome to demonstrate our technology at scale, attracting infrastructure funds who typically hesitate to invest in untested projects. 🟢 Energy Dome's carbon dioxide-based system offers higher efficiency and lower costs compared to traditional lithium-ion batteries, presenting a compelling alternative for grid-scale storage. We take pride in our success story, as it helps to showcase how vital it is for a company to get a helping hand when it comes to bridging the gap between ideas and reality. Thankfully, Energy Dome could rely on the help of Mario Fernandez, who was also interviewed for this piece, and his team at Breakthrough Energy Thanks again, and well done indeed, Simon; this kind of insightful and well-researched journalism deserves genuine praise. My key takeaway? ➡️ ➡️ ➡️ The future of our planet depends on bold innovation, and it's essential to empower climate companies to bring those solutions to life. ⬅️ ⬅️ ⬅️ #EnergyDome #OurWorldCantWait #sustainability #longdurationenergystorage #innovation #CO2Battery #decarbonization #LDES #renewables