Scaling Hardtech Without Burning Equity: How To Build Your Capital Stack Strategy
Hardtech companies are notoriously capital-intensive, yet many continue to burn expensive equity to fund their growth.
The alternative isn't as simple as getting a loan from a bank, it’s understanding how to build a sophisticated capital stack that uses the right capital for the right job.
Join us for a deep dive into capital stack strategy designed specifically for the complexities of hardtech companies.
Tangible Finance is the capital stack co-pilot for ambitious hardtech companies.
What We’ll Cover:
Types of Debt: Substantive differences between equipment financing, venture debt, asset-backed finance, order book finance and more.
Types of Lenders: Substantive differences between banks, private credit, and venture debt funds.
The VC vs. Lender Mindset: If you’ve only ever raised equity, you’re used to selling "the dream." Lenders don't buy dreams, they buy downside protection. We’ll bridge the gap between these two worlds so you can speak both languages fluently.
The Diagnostic: Debt isn't a last minute fix. We’ll discuss why preparation takes months, how to assess your current starting point, and why you need to start the process early in your scaling journey.
Anatomy of a Hardtech Case Study: We’ll deconstruct how real-world startups use efficient, asset-backed structures that preserve founder ownership while scaling production.
A Practical Checklist to Getting Started: We'll share clear next steps to begin your debt journey.
Who Should Attend:
This session is specifically tailored for seed to growth stage hardtech CEOs and CFOs (especially relevant for robotics, energy-asset and e-mobility startups).
About the Speaker:
William Godfrey, Co-founder & CEO at Tangible: A former hardware founder himself, William leads Tangible in helping ambitious hard-tech companies build their credit stories and connect directly to trillion-dollar debt markets.