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Climate Insiders - Heike Freund from Marvel Fusion

ABOUT CLIMATE INSIDERS:
Climate Insiders is brought to you by Climentum Capital, a Seed+ and Series A cleantech European venture capital firm focused on funding and scaling climate-positive ventures that cut down on CO2 emissions.

If you are interested in how smarter capitalism combined with mission-driven founders building innovative tech startups can overcome our climate crisis and build a better future, you’ve come to the right place.

Check us out at: https://www.climateinsiders.co and https://www.climentum.com

ABOUT THE GUEST:
Heike Freund: Heike Freund is the COO at Marvel Fusion, a Munich-based startup developing a laser-driven fusion power plant. Prior to joining Marvel, Heike worked for 10 years and became a Partner at McKinsey.

SHOW NOTES:
- Heike’s transition from Big Consulting at McKinsey to a Fusion energy startup.
- Why Fusion is considered the Holy Grail of energy.
- Picture of the world running on Nuclear Fusion (how would it change transportation, food production, manufacturing, space travel).
- The actual level of maturity of Nuclear Fusion. How long before it hits commercial energy production?
- Marvel’s technological innovation (ex: Laser technology vs Magnetic).
- The economic perspective of Marvel: how they intend to make money.
- Europe’s place in the global race to Fusion energy.
30 fusion startups out of 35 globally are in the US.
- Recently raised €35m from Earlybird, a generalist VC. Why they picked a generalist VC fund to lead their round rather than a dedicated Climate fund.
- Where will the billions of euros necessary to build a commercial prototype COME FROM.
- Why ITER is both a success and a failure.
- How to get a job in Fusion. Why Marvel is a great company to work for and the jobs they are hiring for.

ABOUT THE HOST:
Yoann Berno: After a career spent building and investing in top tech startups, Yoann is now founding member and General Partner at Climentum Capital focused on investing in game changing technological solutions to our worsening climate crisis.

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