The key issue in the sector is the availability of quality companies.
While there is supply of funding in the space, there is a lag in terms of demand from good companies.
We find very few impact-creating and investible companies but at the same time there is a lot of investor money chasing them. This leads to high valuations, which further makes the sustainability of the business difficult - in terms of ability to raise more capital, bringing misaligned investors on board, etc.
While there is supply of funding in the space, there is a lag in terms of demand from good companies.
We find very few impact-creating and investible companies but at the same time there is a lot of investor money chasing them. This leads to high valuations, which further makes the sustainability of the business difficult - in terms of ability to raise more capital, bringing misaligned investors on board, etc.
