💥 Spacebound 🚀
There are investible opportunities in Spacetech for capital allocators with shorter term horizons and lower risk profiles as well as those prepared for multi-year deep tech product development. 🛰🛫🗺
Spacetech commercial market opportunities outsize the traditional government based markets with the added benefit of qualifying for dual use and associated grants and multi-year government contracts. There are software and platform solutions as well as hardtech solutions.
Light Speed Moment: The Future is Us!
Wow! Talk about bringing it in. L'ATTITUDE VENTURES conference in San Diego was an amazing showcase of LatinX talent in business, entertainment, and sports.
Loved hearing the operators, founders, and investors enthusiastically articulate how their journeys have culminated in their visions forward.
“I wake up every day on fire with purpose.”
Guillermo Diaz Jr, Founder and CEO of Conectado Inc and former CIO of Cisco, said that. Who doesn’t want to feel that way?
“We need an ecosystem of people to invest in companies.”
THIS IS COMUNIDAD: LATINX INNOVATORS AND CAPITAL PROVIDERS.
I met with four promising LatinX founders as part of the Latino Business Action Network’s (LBAN) capital provider matching session at Stanford University last month.
LBAN’s mission is to grow the American economy by empowering Latino entrepreneurship across the US. 1,271 talented people have graduated from its selective inaugural accelerator and 17 business scaling programs. LBAN has a strong and growing network of capital providers, corporate partners, educators, and ecosystem builders. I love being a part of this incredible community.
Taking Action on Climate, Sustainability, and Environmental Justice.
Founders, funders, corporates, government, and community stakeholders gathered in Long Beach, California to address climate, sustainability, and environmental justice issues and opportunities to solve them.
After an hour of networking, I moderated two panels covering: 1) investment trends, corporate and government customer needs, and funding; and, 2) innovative solutions. It is encouraging that solutions for climate, sustainability, and environmental equity are increasingly linked with more efficient and lower cost operations as well as benefits and cost savings in public health. Clean air, water, and land objectives should not be viewed solely as societal debt and regulatory compliance imperatives but as inclusive business opportunities driving greater economic growth.
Climate Impact + Circular Economy = Evolectric
Yup, they let me drive their truck. Long Beach, California based Evolectric enables and advances the electrification of existing fleets of vehicles through scalable software and hardware solutions. Co-Founders Bill Beverley and Jakson Alvarez have a vision that addresses currently unmet needs of small and medium enterprises which account for 50% of all commercial fleets and over 80% of all commercial fleet owners. They are incentivized by regulation (Inflation Reduction Act of August 2022) and economics to transition to green fleets. Evolectric ensures that this transition is timely, affordable, and does not run counter to its climate impact mission. This is where the circular economy comes in.
To reduce, reuse, recycle, and save clients money, Evolectric extends the life of existing physical assets an estimated 10-15 years.