Working with Neural Alpha - the perspective of Climate VC
August 30, 2023
Hi, I'm Pete Denny. I'm the founder of the impact fund “Climate VC”. Climate VC is a fund that's focused on the climate transition. We invest in companies that we think have got a clear path to a huge climate impact and we put a number on that impact, and that's 10 megatons
In around 2018 we started working with Neural Alpha on a very interesting set of projects to bring together huge data sets into a very Innovative and intriguing set of technologies using graph databases, machine learning, satellite data, drone data and on the ground insights. People who uncovered localized sources of wrongdoing could bringall of that together to shine a spotlight onto Global Supply chains. It's really nice to think that these technologies have been used by thousands of companies around the world.
Working with Neural Alpha is always about very exciting technology which is what drew me to them in the first place.
“They've always found themselves right at the heart of the conversation surrounding themselves with experts from around the world and using new technologies in very innovative ways.”
I think James is also completely obsessed about over delivering. The most exciting and impactful thing for me working with Neural Alpha was all of the work that we did on deforestation. I spent nine months with the team looking at deforestation every day and how to identify the causes and the solutions. That's when I decided to devote the rest of my life to accelerating the climate transition.
“My advice to people partnering with a sustainable fintech would be to try and let the magic of the Innovation come out.”
Innovation happens at the intersect between two different types of people, two different types of organizations and I'd focus on what it is that you want to get out of it, and to be bold in your vision and then to let your partnership develop the actual Innovations. That way, there will probably come out more than you were expecting.