Future in Bloom
Future in Bloom
Steph Speirs
Navigating the Climate Tech Capital Stack & The Future of VC | Sophie Purdom
39 minutes Posted Feb 15, 2026 at 9:25 am.
The Massive Prize: Why Climate is the World\'s Biggest Business
The \"Great Tech\" Trap: Why Innovation Isn\'t Enough
Sophie Purdom’s Journey: Building Planeteer Capital
The Climate Capital Stack: Where the Money is Actually Hiding
Beyond Software: The Shift to Physical Risk & Hardware
The $82 Billion Myth: Why Fundraising Feels Impossible Right Now
The Great Retrenchment: Why Half of Climate Startups May Disappear
144 Exits: Who is Actually Buying Climate Companies?
The One That Got Away: Lessons from a \"Missed\" Deal
Survival Mode: Why 24 Months of Runway is Your Only Safety Net
Why You Won\'t Pay More for \"Green\": The Death of the Green Premium
The AI \"Hungry Hippo\": How Compute is Devouring Our Energy Grid
The Next Big Thing: Why Heavy Industrials are Underinvested
Sophie’s Ultimate Advice: Don\'t Be a VC—Go Build Something!
0:00
39:34
Download MP3
Show notes

The “Green Premium” is officially dead. If you think a great invention is enough to save the planet—and a business—think again. In this eye-opening breakdown, Sophie Purdom (General Partner at Planeteer Capital) pulls back the curtain on the brutal reality of climate tech. While there’s an $82 billion “gold mine” of dry powder waiting, most founders are looking in the wrong places.

Whether you’re curious about how the world’s biggest industries (Energy, Food, and Transport) are being rebuilt or you want to know why your favorite “eco-friendly” startup might vanish tomorrow, Sophie provides the unfiltered truth on what it actually takes to win the climate war.


📧 Subscribe to Our Substack: https://substack.com/@futureinbloom

Common Questions
Why are climate tech startups failing? Many rely on a “green premium” (charging more for being eco-friendly), which fails in a tough economy. Success now requires being cheaper or better than the “dirty” alternative.

Is there still money for new climate companies? Yes, but the “dry powder” is concentrated. Investors are pivoting away from pure software toward “hardware-enabled” solutions that solve real-world industrial problems.

How is AI affecting climate change? AI requires massive amounts of energy for data centers (the “Hungry Hippo”), creating a massive challenge—and opportunity—for the energy grid.

What is the best way to get involved in climate tech? According to Sophie, the world needs more builders and founders in heavy industry and risk mitigation rather than more venture capitalists.