In this episode, Joel Palathinkal speaks with Felix Krause of Vireo Ventures, who shares his journey from military service to a career in renewable energy. They explore innovations in solar energy and discuss the future of renewables, comparing European and global investment ecosystems. The conversation highlights the role of corporate venture capital in clean energy and examines the prospects of the hydrogen market. Felix provides insights into due diligence and strategies for climate tech investments and contrasts startups with incumbents in the energy market. They also delve into the emerging manager LP ecosystem and current fundraising trends, offering valuable perspectives for investors interested in clean energy. (0:00) Introduction to the state of venture capital and the startup ecosystem (1:17) Introducing guest Felix and his background in renewable energy (3:17) Discussion about military service and transition to renewable energy (7:17) Innovations in solar energy and the future of renewables (14:29) Comparison of European and global investment ecosystems (19:41) Impact of corporate venture capital in clean energy (23:59) Future prospects of clean energy and the hydrogen market (31:06) Due diligence and strategies for climate tech investments (34:46) The energy market: Startups vs. incumbents (36:21) Insights into the emerging manager LP ecosystem and fundraising trends