Eric Rubenstein from New Climate Ventures

Eric Rubenstein, managing partner at New Climate Ventures, joins Jason and Nada live from Ceraweek to make the case that what we're calling an energy transition is actually a new industrial revolution. He breaks down why data centers are only the fifth biggest driver of power demand, how his 35-company portfolio is shifting toward localized production and supply chain resilience, and what founders absolutely need to nail before walking up to an investor at a conference.Click here to watch a video of this episode.Join the conversation shaping the future of energy.Collide is the community where oil & gas professionals connect, share insights, and solve real-world problems together. No noise. No fluff. Just the discussions that move our industry forward.Apply today at collide.ioClick here to view the episode transcript. 00:00 - Intro and Ceraweek impressions07:11 - What is actually driving power demand growth13:41 - The all-of-the-above energy reality19:12 - NCV fund thesis and origin22:28 - Portfolio breakdown and data center exposure25:07 - Upcycling waste into value28:30 - How the portfolio informs investment strategy34:19 - Is venture capital broken for hard tech?37:01 - The missing middle and how startups are bridging it40:11 - Industrial customers funding their own first commercial plants45:38 - Raising fund two and what LPs want48:45 - How NCV communicates with investors56:37 - What founders should know before approaching investors01:01:09 - Talking valuation with investorshttps://twitter.com/collide_aihttps://www.tiktok.com/@collide.iohttps://www.facebook.com/collide.iohttps://www.instagram.com/collide.iohttps://www.youtube.com/@collide_iohttps://bsky.app/profile/collide-ai.bsky.socialhttps://www.linkedin.com/company/collideai