This week on New Wave Weekly:
👉 Stegra and the Billion-Euro Gap
Sweden’s Stegra (formerly H2 Green Steel) raised €6.5 billion to build Europe’s largest green-steel plant, then the FT called it a “funding crisis.” Is this media clickbait, or is Europe’s gigascale model showing cracks?
👉 All Aboard: The Collaborative Fund Movement
A new US initiative is pooling $300M from top VCs to de-risk first-of-a-kind climate projects. Should Europe follow suit, or is public capital our real advantage?
👉 AI as a Climate Catalyst
From DeepMind’s fusion simulations to data centers that run on nuclear-scale power, could AI become the unexpected accelerant for decarbonization?
***
References:
Swedish green steel firm Stegra seeks another $1.1 billion in financing | Reuters
SHS Raises $2 Billion for Green Steel Project in Germany - ESG Today
Stegra announces agreement with Microsoft - green steel - Stegra
Laurie Menoud on scaling climate-tech
Flagship green steel start-up in funding crisis
All aboard a game-changing initiative
The real reason Google DeepMind is working with a fusion energy startup
[Book] - Breakneck: China’s Quest to Engineer the Future” by Dan Wang
“AI Infrastructure: Trojan Horses for Climate Infrastructure”
What Denmark’s Hippie Teachers Can Teach Us About Financing Climate Tech
***
Wave Makers:
Maxi Pethö-Schramm - HV Capital
***
Chapters:
(00:00) Introduction
(01:05) VC Money. Infra Problems.
(29:29)  The First Collaborative Fund?
(41:46) AI for Fusion?
***
Leave a review✨
Apple Podcasts - https://shorturl.at/HIDcg
Spotify - https://shorturl.at/yDTfR
