A historical collection of our writing.
Hanel BavejaThis is one of several posts on new areas we are exploring for USV’s Climate Fund. Geothermal energy has massive potential: just 0.1% of the Earth’s heat content could supply humanity’s total energy needs for two million years. Geothermal power is essentially inexhaustible and resilient; unlike […] Read more
Late last year, we announced the USV Climate Fund. At the time, we wrote that “[m]itigation is working on the causes of the climate crisis through either emissions reduction or drawdown of existing greenhouse gases from the atmosphere.” In today’s post, we want to provide some background on the […] Read more
Key to addressing the climate crisis is changing the balance in the so-called carbon cycle. At present, every year we are adding roughly 5 gigatons of carbon to the atmosphere*. Since atmospheric carbon acts as a greenhouse gas this increases the energy that’s retained rather than radiated back […] Read more
At USV we describe ourselves as a “thesis-driven venture capital firm.” For our core fund, we have been investing against Thesis 3.0 for some time. Over the last couple of years, we have been developing a separate Climate Thesis, including making investments in companies such as Leap and Wren. We […] Read more
When USV started looking closely at the energy sector, we were excited to find networks on multiple levels: at the grid level, a network of electrons; at the market level, a network of transactions and financial products; and at the data level, a network of connected devices and applications. All […] Read more
As we start a new decade it is worth examining our investment thesis. We continue to be convinced that our current focus on broadening access to knowledge, capital and wellbeing will help us surface promising opportunities. There is, however, also a clear realization that none of this will amount […] Read more
