Following SVB collapse and cooling VC investment, Greentown Labs director advises startups diversify funding sources


After the collapse of Silicon Valley Bank, startups everywhere were forced to take a closer look at their financial relationships, and the climate tech sector was no exception.

Juliana Garaizar, head of the Houston arm of climate tech incubator Greentown Labs, was at Austin’s SXSW event when news of SVB's fall broke and saw founders caught by surprise. Greentown has been in touch with its members to provide advice on expanding banking relationships and drawing on alternate funding sources.

“One…

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