Cover Image for Metrics that Matter for Climate Deep Tech at Series A & B+
Cover Image for Metrics that Matter for Climate Deep Tech at Series A & B+
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Metrics that Matter for Climate Deep Tech at Series A & B+

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About Event

Deep tech doesn’t scale like software, but it still gets funded on metrics.

At the Series A and B stage, deep tech, climate, and hardware companies operate under a different set of constraints: longer development cycles, capital-intensive scaling, and milestones that don’t always translate into traditional venture benchmarks. Founders are often navigating first-of-a-kind deployments, regulatory complexity, and evolving business models — all while being evaluated through a metrics-driven lens.

This session will focus on how to think about milestones and metrics in the context of raising equity at the most challenging points in the venture lifecycle.

Moderated by Dimitry Gershenson, CEO of Enduring Planet, this conversation will include:

  • Hannah Friedman, Founder, Lupine Finance

  • Supratim Das, VP of Finance, Electrified Thermal Solutions

  • Laurie Menoud, Founding Partner, At One Ventures

  • Noah Geeves, Head of Portfolio and Partnerships, Deep Science Ventures

This event is sponsored by Wilson Sonsini Goodrich & Rosati.

We’ll cover:

  • What milestones actually unlock Series A vs. Series B in deep tech and climate

  • How to think about revenue, margins, and capital efficiency when scale is non-linear

  • Metrics to track early for hardware, infra, and first-of-a-kind deployments

  • How investors evaluate progress when commercialization timelines are long

  • What “good” looks like across different deep tech business models

The goal is to be candid, practical, and grounded in real examples — so founders and investors can better understand how to frame progress, manage expectations, and navigate fundraising with clarity.

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