Stepchange is an early stage venture fund that invests in product-led companies that will make a step change impact on climate. Stepchange puts product leaders at the core of everything we do—from who we invest in and how we support them, to who we seek as LPs, partners, and advisors. We partner with founders at the very beginning, making $100-200K investments in the first round of funding.
Get in touch: [email protected] and [email protected]
<aside> 📰 Listen to our fund announcement episode or read about the fund launch
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Climate change is the greatest challenge of our generation, and there is an unparalleled allocation of capital that has just begun. While some categories need new research and invention (e.g. GHG removal, nuclear, batteries)—most emissions categories already have solutions that we simply need to deploy faster.
Exceptional products are essential for mitigating and adapting to climate change. We are in the midst of the largest upgrade in modern society, and software is our fastest deployed lever. We need an ecosystem of new software tools, financial products, and API layers that propel consumers, businesses, and institutions to upgrade faster than we normally might.
The startups that sit at the center of this transition will be some of the most valuable companies of our generation.
<aside> 👉 For a deep dive on the role of software in climate see: Guide to Software in Climate Tech
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We will invest along the spectrum from pure software businesses to software-enabled hardware devices:
From: https://www.climatepapa.com/software#what-is-the-product