CleanTechies Podcast

From Harvard, to D.E. Shaw, to Obama Administration, to Refrigeration w/ Manik Suri (Therma)

May 28, 2023 Silas Mรคhner - ClimateTech & ESG Headhunter Season 1 Episode 102
CleanTechies Podcast
From Harvard, to D.E. Shaw, to Obama Administration, to Refrigeration w/ Manik Suri (Therma)
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Show Notes

In this episode, Silas Mahner (@silasmahner) speaks with Manik Suri (@ManikVSuri) the Founder and CEO of Therma, an IoT device + software company that helps any organization using refrigeration to reduce cap ex and as a by-product, reduce the dirty energy assets on the grid.

We cover his background, the problem, and the solution they are working on, and then go through building the business with a heavy focus on the work of raising money. Manik has a really interesting background having been a top achiever academically, going on to PE, and then government prior to launching Therma.

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Topics:
**1:20 Intro and Origin of Interest in Climate
**4:02 The Problem
**7:22 Electricity bill
**11:38 The Solution
**13:52 Cost and ROI
**16:13 The Origin of the Idea
**24:07 How his work in PE and Gov Influenced him
**27:55 Carbon Abatement
**31:13 Advice for Raising Capital
**41:11 VC Issues & Thoughts on the Macro Environment
**44:19 Discussion on VC Investing broadly
**48:31 The Future

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Links:
**manik@hellotherma.com
**Manik on Twitter: https://twitter.com/ManikVSuri
**Therma Website: https://www.hellotherma.com/our-company
**Check out our Sponsor, NextWave Partners: 
**Follow CleanTechies on LinkedIn:
**HMU on Twitter: @silasmahner

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Other episodes you might enjoy:
**Most Recent Episode: Building a Smart AC company to help Solve Climate Change w/ Ran Roth (Sensibo)
**Similar Topic: Electrifying Homes, Home Air-Quality & Health, Merging Blue & White Collar Talent w/ DR Richardson (Elephant Energy)
**Something Totally Different: How to Raise Money for your ClimateTech Startup w/ Tommy Leep, founder of Jetstream VC

Support the show

We are proud to continue working with NextWave as our official show sponsor for this podcast. NextWave and all of its staff are highly motivated to advance the ClimateTech revolution and are constantly innovating ways that they can help affect that transition. From experts in the talent space to ESG experts, NextWave is taking on Climate and Social responsibility head-on and helping companies build great cultures that not only make the world a better place but also increase workplace satisfaction. Reach out to NextWave Partners today to learn more about how we might partner with you today. https://www.next-wavepartners.com/ / info@next-wavepartners.com