Tommy Stadlen on Climate Tech, Defense Spending, and VC Trends

Climate Tech Investing Amidst Political Shifts

• 💡 Climate change is a long-term trend unaffected by White House administrations, with potential for a billion climate refugees and massive economic disruption.
• 🚀 Decarbonizing the global economy by 2050 is seen as a trend potentially larger than the internet, creating both winners and losers.
• 💰 While there's a pause in US climate tech investment due to the Trump administration's focus on oil and gas, strong commercial climate tech companies that don't require a green premium are still securing funding.
• 📈 Companies are rebranding climate tech as "American dynamism" or similar terms to align with current nationalist trends and secure funding, especially in the US.

Defense Tech Investment Surge

• ⚡ Venture investments into defense tech have seen a fivefold increase, now representing about 10% of European VC.
• ⚠️ Some investors have removed