Nurturing Deep Tech Startups to Address Climate Change: A Conversation with Andrew Gollach of HAX
Andrew Gollach, Principal at HAX (part of SOSV), discusses the challenges of investing in and building deep tech hardware startups focused on climate change, industrial automation, and human health. He explains HAX's model of providing hands-on support, including access to prototyping facilities in Newark, Shenzhen, and Pune, to help early-stage companies de-risk their technology. Gollach highlights critical industry headwinds, such as the difficulty of securing project finance for unproven infrastructure technologies like Direct Air Capture (DAC) and the talent shortage for experienced engineers in hardware startups.