Zanskar
Co-authored by Albert Wenger. Geothermal energy is a vastly underdeveloped resource relative to its potential; just 0.1% of the Earth’s heat content could supply humanity’s total energy needs for two million years. It is also a great source of reliable, [...] Read more
USV Analyst Program 2022: Heads Up
It is hard to believe but well over two years have passed since Hannah, Hanel and David joined us as analysts at USV (David left midstream to start Primitives and Mona joined us). This means we are about to kick [...] Read more
Ghost’s Series A
Co-authored by Rebecca Kaden Excess inventory is one of the worst-kept secrets in ecommerce. Brands overproduce more than $500B of goods annually. In categories like cosmetics, less than 50% of inventory is sold within a 12-month window. Source: Shopify For [...] Read more
XFuel
Co-authored with Nick Grossman Transportation, including road, rail, air, and marine, has a greater reliance on fossil fuels than any other sector. It accounts for 37% of CO2 emissions from end-uses. Electrification has been the preferred strategy to decarbonize small [...] Read more
Investing in Climate Adaptation
Co-authored by Hanel Baveja, Mona Alsubaei The USV Climate Fund is focused on companies that provide mitigation for, or adaptation to, the climate crisis. Mitigation means drawdown of existing greenhouse gasses and reducing future emissions. For example, sequestering carbon with [...] Read more
USV 2022 Funds
Co-authored with Andy Weissman We are pleased to announce that we have raised two new funds: a $275M Core Fund and a $350M Opportunity Fund. The new funds will be our eighth early stage fund and our fourth opportunity fund, [...] Read more