In the latest episode of the Investment Climate Podcast, host Alex Shandrovsky connects with investors to unpack key benchmarks for securing funding in the alternative protein sector as we move into 2024.
This episode also sheds light on the investment strategies employed by leading climate tech executives and venture capitalists.
Conversation with Julien Lesage from Hubcycle
Alex dives deep with Julien Lesage, the CEO of Hubcycle, a pioneering firm dedicated to optimizing factory operations by pinpointing inefficiencies related to waste and excess by-products.
Their innovative approach transforms these losses into valuable new ingredients, creating a more sustainable model for agricultural resources.
During the dialogue, Julien shares invaluable lessons and experiences that have shaped Hubcycle’s fundraising journey.
He discusses the common hurdles faced when seeking financial backing, the strategies used to engage and retain investor interest, and emphasizes how essential transparency, resilience, and alignment with long-term visions have been throughout the process.
Key Insights on Hubcycle
- Mission: To improve the efficiency of agricultural resources.
- Recent Funding Milestone: Successfully raised €15 million in a Series A funding round.
Alex’s Key Insights
- One notable aspect of Hubcycle’s fundraising strategy is its partnership with a fundraising expert.
This choice stands out, given their multifaceted business model.
Julien highlighted that their unique structure, which does not conform to the typical software-as-a-service framework, necessitated a well-defined plan for potential investors to understand how they could scale.
- The significance of connecting with partners who truly grasp their innovative approach to business cannot be overstated.
Julien stressed that aligning their goals with the right collaborators is vital.
The financial investment required to maintain these relationships is minor compared to the overarching aim of achieving a unified vision for their initiatives.
- Consistent communication about risks and challenges has played a crucial role in building investor trust.
Julien pointed out that their commitment to transparency is a cornerstone of Hubcycle’s ethos; they strive to share information openly, addressing hurdles without glossing over details.
This forthrightness fosters confidence and strengthens relationships with stakeholders.
To delve deeper into Julien’s insights and explore the entire series of the podcast, visit the platform provided.
Source: Vegconomist