Hi everyone,
I’m launching a syndicate on AngelList!
I joined Toba two years ago to build out a climate tech practice at our multi sector, multi stage firm. We’ve done some great deals that I’m proud of, including David Energy’s series A, Bedrock’s seed round, Ecosafi’s seed round, Euclid’s seed round and many more spanning software, hardware, and deep tech. We’ve also committed to supporting several new managers in climate tech as LPs. It’s been a busy couple of years!
Separately, we occasionally see deals that aren’t a good stage or thesis fit for our fund, or where the timing of the round doesn’t align with our deployment cycles as a single LP-backed evergreen fund. In a few of those cases, I’ve cut small personal checks into companies where I can (hopefully!) add disproportionate value based on my background building early stage companies, including The Cool Down, CTVC and others.
The syndicate is a way to share some of those opportunities, and will feature a very small selection of high fidelity deals that I’m personally investing in and want to share with others. Our goal is real climate and planetary impact, paired with positive outcomes for underserved customers.
Whether at Toba or through the syndicate, I have one rule of thumb that precedes all other due diligence: only invest in founders that we’d quit our job to go work for.
And no matter how good, how smart and how abundant a founder is, community is their amplifier.
I hope you’ll consider joining mine via the syndicate. No investment commitment required, you’ll simply be privy to investment opportunities on a deal by deal basis. Here’s the link to view the syndicate:
https://angellist.com/s/susan-su/TXAj2
I’d love to hear what you think, so feedback / questions are welcome.
Thank you for reading and stay cool out there,
Susan
PS: A few more bullets on the syndicate:
90% of opportunities will be seed stage or earlier
A curated selection of deals, likely not exceeding 10 per year
Most folks who invest in syndicate deals will invest anywhere between $1K to $10K or more depending on their preferences and circumstances
Hi Susan, I am a fan of your Substack and am excited to learn about the syndicate you are putting together! We at ClimateRaise would love to feature some of the exciting climate deals you and the syndicate come across, to help share their stories with our broader network of investors. Take a look here (https://climateraise.substack.com/) - would love to have you refer us to any diverse founders!