Venture Studios and Climate Change

We need to build the most relevant and impactful climate innovations and get them into the market as fast as possible. To accomplish this we will need to adopt new company and technology building methodologies and programs to make sure that we are creating the most in-demand solutions and getting them into the hands of customers as efficiently as possible. The climate challenge is too urgent a threat to wait for the best ideas to appear.

Venture studios, builders foundries and similar models offer alternative approaches to creating new climate tech ventures. By using structured approaches and platforms to identify, test, build and refine companies, these organizations intend to create firms that have overall better alignment with the market and maximize the chances of long term success.

This report provides a critical overview of climate ventures studio activity to date, mapping out the different models that studios are using to create new companies globally, as well as the challenges they are facing in addition to the new opportunities to investment, partnership and impact that they enable. To undertake this study we interviewed 46 climate innovation experts from across venture studios, corporations, funds, accelerators and universities to understand the different processes, challenges and opportunities. Additionally, we mapped the current global landscape of climate-focused venture studios and built a database of 136 organizations that use at least some element of a studio approach.

You can download the report here, and for more information on it please reach out to Jamil Wyne.

DOWNLOAD REPORT

A Venture Studio

A venture studio is an organization that systematically builds startups from the ground up - through structured, repeatable processes, typically engaging in ideation, founder recruitment, and hands-on operational support. Unlike incubators and accelerators, which support pre-existing startups with external mentorship or short-term programming, studios function as co-founders, rather than external supporters, of early-stage ventures. The model also goes by other names - venture builder, foundry, factory, platform, for instance.

VENTURE STUDIO GROWTH OVER TIME

TYPES OF VENTURE STUDIOS

Venture studios are not one-size-fits-all

Venture studios are not one-size-fits-all. For instance, some develop business ideas internally while others source them from corporate or university R&D centers. Some start with a business problem - an idea-centric approach - while others start with a person - identifying talented entrepreneurs who will then go on to serve as CEO of the startup in-house.

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Studios occupy a unique position in the climate tech value chain - helping to build the pipeline of companies and solutions that will eventually move on to other ESOs and funds in the ecosystem.

VENTURE STUDIOS OPTIMIZE FOR SUCCESS IN CLIMATE INNOVATION