What happens when a "climate bank" goes under? This week, Bloomberg Green reporter Akshat Rathi interviews the CEO of an AI battery startup that had just received $3 million in funding about the stresses of recovering money from Silicon Valley Bank as it collapsed. Then, Bloomberg reporter Mark Bergen explains what made SVB so important to climate tech funding and which institutions might be poised to take its place.
Read more about the collapse and its impact on climate tech, here.
Read a transcript of this episode, here.
Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks this week to Venkat Viswanathan, Brian Eckhouse, Mark Bergen, Coco Liu, Olivia Rudgard, Josh Saul, David Baker, Sommer Saadi, and Kira Bindrim.
Thoughts or suggestions? Email us at firstname.lastname@example.org. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.