Need help deploying your first commercial-scale climate tech project?
🤝 Introducing Mark1 – a transformative new developer-as-a-service for capital intensive, first of a kind industrial climate technologies 🌟
Mark1 was created by Third Derivative, RMI, and Deep Science Ventures, alongside founding partners Builders Vision and Fluor Corporation, to bridge the gap to commercialization for critical emerging climate tech.
“The gap between demonstration and commercialization is the deepest, widest ‘valley-of-death’ faced by our founders – and a critical bottleneck to the energy transition. Our back-of-the-envelope math tells us that we’re only seeing 1-17% of the funding the world needs for first-of-a-kind commercial climate tech projects. It’s a systemic challenge. Isolated success stories are not going to cut it, and neither is simply throwing money at the problem. We need a systemic solution – one that can methodically de-risk and attract market-rate capital to these projects – lots of them. We believe that Mark1 can be that solution, or at least an important part of it.” - Rushad Nanavatty, Managing Director of Third Derivative
Learn more about Mark1: https://www.mark1.build/
🚀 Applications for its first cohort will open later this year!
Graduate Student @CMU Interest in Environmental Engineering and Sustainability.
5moI am interested in this opportunity & to contribute to meaningful work in the sustainability space. I'm looking forward to talking more. Thank you.