# SVB, the banking crisis and climatetech

- Show: [Catalyst](https://hardwarepodcasts.com/podcast/catalyst)
- Published: 2023-03-30
- Length: 38m
- Page: https://hardwarepodcasts.com/podcast/catalyst/2023-03-30-svb-the-banking-crisis-and-climatetech

## Summary

Saloni Multani, partner at Galvanize Climate Solutions, explains how Silicon Valley Bank's (SVB) duration mismatch and rapid deposit growth led to a social-media-fueled bank run, resulting in FDIC intervention and the sale of SVB's assets. She discusses the contagion effect on Signature Bank and Credit Suisse, noting a flight of capital to 'too big to fail' institutions like JPMorgan, and analyzes the lasting impact on climatetech, including the loss of SVB's specialized lending for community solar and venture-backed startups. Multani argues that while a new bank may fill the void, the era of cheap capital is over, requiring a recalibration of cost of capital and credit availability for capital-intensive climate infrastructure projects.

## Chapters

- [2:28](https://hardwarepodcasts.com/podcast/catalyst/2023-03-30-svb-the-banking-crisis-and-climatetech#t=148) Introduction: The SVB Collapse Timeline
- [5:15](https://hardwarepodcasts.com/podcast/catalyst/2023-03-30-svb-the-banking-crisis-and-climatetech#t=315) Saloni Multani Explains SVB's Balance Sheet Failure
- [13:00](https://hardwarepodcasts.com/podcast/catalyst/2023-03-30-svb-the-banking-crisis-and-climatetech#t=780) Contagion: Signature Bank and Credit Suisse
- [21:30](https://hardwarepodcasts.com/podcast/catalyst/2023-03-30-svb-the-banking-crisis-and-climatetech#t=1290) SVB's Unique Role in Climate Tech and Community Solar
- [25:15](https://hardwarepodcasts.com/podcast/catalyst/2023-03-30-svb-the-banking-crisis-and-climatetech#t=1515) Filling the Void: Will a New SVB Emerge?
- [29:38](https://hardwarepodcasts.com/podcast/catalyst/2023-03-30-svb-the-banking-crisis-and-climatetech#t=1778) Interest Rates, Inflation, and Climate Infrastructure Costs
- [34:02](https://hardwarepodcasts.com/podcast/catalyst/2023-03-30-svb-the-banking-crisis-and-climatetech#t=2042) The New Normal: Recalibration of the Investment Ecosystem

## Topics

- [Policy, trade & tariffs](https://hardwarepodcasts.com/topic/policy-trade-and-tariffs)
- [Fundraising & investors](https://hardwarepodcasts.com/topic/fundraising)
- [Energy & climate tech](https://hardwarepodcasts.com/topic/energy-and-climate-tech)
- [Scaling production](https://hardwarepodcasts.com/topic/scaling-production)
- [Starting a product company](https://hardwarepodcasts.com/topic/starting-a-company)

## Most relevant to

large enterprises

## Mentioned

- Silicon Valley Bank (company)
- Galvanize Climate Solutions (company)
- FDIC (other)
- Signature Bank (company)
- Credit Suisse (company)
- JPMorgan (company)
- EnergyHub (company)

## Related episodes from other shows

- [On Silicon Valley Bank with Eric Vishria](https://hardwarepodcasts.com/podcast/oxide-and-friends/2023-03-17-on-silicon-valley-bank-with-eric-vishria) (Oxide and Friends)
- [Silicon Valley Bank closed by FDIC](https://hardwarepodcasts.com/podcast/the-robot-report-podcast/2023-03-10-silicon-valley-bank-closed-by-fdic) (The Robot Report Podcast)
- [Gigatons of Impact: Why Climate Hardware Needs Catalytic Capital](https://hardwarepodcasts.com/podcast/hardware-to-save-a-planet/2025-06-19-gigatons-of-impact-why-climate-hardware-needs-catalytic-capital) (Hardware to Save a Planet)
- [The Deep Tech Revolution: Solving Climate Change with Five Industry Leaders](https://hardwarepodcasts.com/podcast/hardware-to-save-a-planet/2025-01-16-the-deep-tech-revolution-solving-climate-change-with-five-industry-leaders) (Hardware to Save a Planet)
- [From Solar’s 90% Cost Crash to AI’s Energy Surge: The Economics Driving Climate Tech](https://hardwarepodcasts.com/podcast/hardware-to-save-a-planet/2025-09-16-from-solars-90-cost-crash-to-ais-energy-surge-the-economics-driving-climate-tech) (Hardware to Save a Planet)

## Citing this page

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