// Climate

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UK deeptech fund backs PhD founders with £10M boost

Source: The Next Web

Empirical Ventures is capitalizing on a structural gap between academic research and venture-scale capital by positioning PhD founders as a distinct founder archetype worthy of dedicated institutional backing. The British Business Bank’s repeat commitment signals that government agencies see “venture scientists” as a defensible thesis for deeptech commercialization, particularly in capital-intensive sectors like energy and materials where technical credibility improves fundraising odds. This matters less as a funding story and more as category validation—it legitimizes PhD founders as a repeatable investment pattern rather than occasional outliers, which may shape how other VCs screen and position their deeptech portfolios.

Talking with David Roberts

Source: Paulkrugman

The migration of serious climate journalism from institutional platforms (Grist, Vox) to independent Substack signals a fundamental shift in how expert authority gets distributed—readers now follow the analyst rather than the masthead, which rewards depth and consistency over institutional gatekeeping, but fragments the public conversation into subscription-based silos rather than consolidating it.

Talking with David Roberts

Source: Paulkrugman

The migration of serious climate journalism from institutional platforms (Grist, Vox) to independent Substack represents the hollowing-out of legacy media’s ability to maintain beat expertise, signaling that readers now expect specialized knowledge to live in direct creator relationships rather than branded mastheads—a shift that fragments our shared information ecosystem even as it empowers individual voices.