HOW CAN VCs MASTER DILIGENCING DEEP TECH IP IN CLIMATE AMID R&D RISKS?

The panel discusses bringing deep tech projects to industrial scale, focusing on AI's role in the physical world. Areej from BE Ventures explains their focus on technologies that create dollar value and support energy transition. Jan from Future Energy Ventures highlights the need for AI in managing renewable energy and the electrification of buildings. Bruce from Aramco Ventures details their investments in operational benefit technologies, sustainability, and digital/deep tech. The discussion covers challenges in scaling investments, particularly in energy, and the importance of de-risking technologies. The panel also touches upon the challenges of the European venture ecosystem and the importance of intellectual property. They explore diligence processes, emphasizing the balance between financial and technical expertise.