Tim Thomson

We've just invested a significant Series B check into AIR COMPANY, who we believe have made a breakthrough with their 100% drop-in substitute for jet fuel that effortlessly cuts down emissions. AirCo has offtake agreements in place to sell 1B gallons of sustainable aviation fuel to airlines like Virgin Atlantic and government buyers like the United States Department of Defense. A billion gallons is a drop in the bucket for an industry that's on track to consume nearly 100B gallons of jet fuel just this year. Solving this problem will make this company a massive business. Alongside our co-investors Avfuel (one of the largest jet fuel distributors in the world), Alaska Airlines, JetBlue, and Toyota Ventures - we've just injected $69M to help them scale. AirCo's team is also in the best of hands with my partner Christina Chang, our resident industrial decarbonization expert here at Lowercarbon Capital. LFG. #tech #climate #SAF #aviation #fuel #airlines #entrepreneurship

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Interesting data and good work from Carta in their inaugural VC fund performance report analyzing benchmarks for more than 1800 funds across six recent vintages - https://lnkd.in/e5R_dhXp Take a look at the pace of investments. As expected, capital deployment has slowed since the 2020 peak, with 2022 funds only using 43% of their capital after 24 months, down from 60% in 2020. This trend seems broadly consistent across private company and fund investing, with GPs and their LPs being more cautious and selective with capital allocation. Raising capital is tough today. Full stop. It's easy to focus on that, but I'd encourage us all to instead consider and focus on what is less talked about - that this cautious approach has created a large amount of available capital aka "dry powder," dedicated and ready to support special founders. The best founders are aware of private market dynamics, which impact the time needed to raise rounds and the milestones they must hit to successfully do that, but their primary focus is always the mission and the customers they serve. They are committed to building products to solve their customers' problems regardless of what us investors think. Building generational companies is never easy, but many have been and will continue to be built in tough markets. I try to take a similar approach in supporting founders. That doesn't mean ignoring market conditions, which can greatly impact my investment decisions and outcomes, but like focused founders, I know it makes more sense to dedicate my limited daily energy to what I can control. That means finding and supporting founders who are transforming or creating markets and doing everything I can to help them win, no matter what the market is doing. I hope to collaborate with many doing the same. Have a great week and see you out there! Note: These thoughts and opinions are solely mine and and mine alone. They do not reflect and are not associated with any company I am part of.

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Onto day 2 of sharing lessons from our Q2 Pachamama Ventures Investors & Founders Meeting! ⛰ 2️⃣ Distribution is king. 👑 It is what will propel climate tech solutions from R&D into commercialization, accelerating their go-to-market phase. A clear case study for this is the success of renewables. Once deemed implausible, extremely expensive, and, in some tough audiences, "a cute experiment", they are now undoubtedly a market force that seems unstoppable. I personally cannot wait to see many more climate tech solutions unlock massive distribution at scale so we can all enjoy their economic benefits - besides the more obvious environmental ones. #distribution #climatetech #climateVC

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🌱🚀 Exciting News! Xefco, one of our portfolio companies, just secured A$10.5 million in funding to revolutionize the textile industry and reduce emissions! 🌎💡 With their innovative water-free textile finishing and dyeing solution, Ausora, Xefco is poised to make a significant impact. Their technology not only preserves precious resources but also cuts energy consumption and costs. Plus, it's already gaining traction with leading apparel brands like Zara and The North Face. At Investible, we're committed to backing visionary companies like Xefco that are driving positive change. This investment reaffirms our belief in their potential to transform industries and tackle pressing environmental challenges. #ClimateTech #SustainableInvesting #ImpactInvesting #MandiriInvestibleGlobalClimateTechFund 🌿📈

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Google, Meta, Microsoft, and Salesforce have teamed up to launch the Symbiosis Coalition, an Advance Market Commitment (AMC) aimed at supporting the development of Carbon Removal Markets. By pledging to contract up to 20 million tons of carbon credits, the coalition aims to send strong demand signals to Project Developers to implement their Carbon Removal Projects with confidence and high integrity. The recent increase in Advance Market Commitments in nature-based projects, mostly led by Microsoft, will be followed by science-based restoration projects, further advancing the progress on the global 2050 #netzero goals. The demand and pricing for high-integrity carbon credits is increasing on a monthly basis, and by 2030, there will be a significant shortage of high-quality carbon credits in the global carbon markets. Project Developers in #Pakistan must not miss this "once-in-a-century" opportunity to register their #CDRprojects in the #VoluntaryCarbonMarkets. Today's announcement by these tech giants is yet another validation of what NextBillionX is building in the MENAP region. We are working closely with some of these global corporates on their buy-side #sustainability mandates to originate high-integrity #CarbonCredits from Pakistan. If you're planning to reduce your #CarbonEmissions or are already working on removing existing Greenhouse Gases on your industrial or nature-based projects, get in touch. We will help you monetize your Carbon Removal efforts!! 🌿 Decarbonization is the new currency 💰

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