This episode kicks off the new year with a clear provocation: climate tech is not dead. What has died are weak business models, shallow narratives, and capital that confused virtue with value.

Andreas is joined by Jan Hofmann of the Viessmann Generations Group and Christian Hernandez, founding GP of 2150, for a wide-ranging conversation about what is actually happening inside climate and industrial investing right now.

Together, they talk about:

why capital is consolidating around resilience, industry, and infrastructure;
why the strongest climate companies are being built quietly;
and why this moment may be one of the best entry points the ecosystem has seen in years.

This is a conversation about discipline, realism, and long-term ambition. Less hype. More execution.

What’s covered:

02:40 Capital flows, deal volume, and what investors are really backing now
04:00 Customers, infrastructure failures, and why resilience is the new framing
07:40 Industry replaces climate as the headline, but not the substance
11:30 Electrification demand versus grid reality
14:20 Energy supply, transmission bottlenecks, and why transformers matter
16:40 Capital discipline, hardware investing, and the changing VC playbook
20:30 Do generalist VCs really add value in hard climate tech?
25:50 The principle that will anchor climate investing going forward
27:40 2150’s journey from Fund I to Fund II in a volatile market
33:40 Urban Partners and why platform scale matters
37:20 Viessmann Generations Group’s evolution from industrial giant to ecosystem investor
47:40 What Europe must get right in climate tech over the next decade

E686 | Jan Hofmann, Viessmann Generations Group and Christian Hernandez, 2150: From Climate Hype to Industrial Reality

EUVC