LACI Cleantech Debt Fund
Providing non-dilutive debt funding to exceptional startups.
Early-stage startups are often seen as uncreditworthy due to their lack of assets and cash flow, making equity financing their primary option.
This reliance on venture capital for growth leads to several issues: founder dilution, with median founders owning only 15% at exit; inflated equity valuations due to multiple funding rounds; and poor business practices resulting from excessive valuations.
Join us for the
Cleantech Finance Workshop
Learn the benefits and trade offs of dilutive and non-dilutive financing in this workshop for founders. Discover how each funding type can impact your business and gain insights on using the right approach to fuel growth.
November 20th | 1 PM PST
Additionally, these startups often turn to risky alternatives like credit card debt or predatory lending when they can’t forecast all expenses. This challenge is even greater for founders of color, who receive only 2.4% of funding despite representing about 31% of the population.
