When a first wave of entrepreneurs introduced climate-related technology more than a decade ago, Lisa Coca thought she'd witness swift transformations within her purview and across industries.
But the products were not quite right. The consumer demand was not quite there. The broader market wasn't quite ready.
Now, as Coca vets startups for potential investment as partner at the Toyota Ventures Climate Fund, she's observed the maturation of the burgeoning climate-tech industry.
"The view was the tailwinds of legislation and consumer demand and all that would pull in the capital, and the hope was that the talent would follow," she said. "And it absolutely has. You're seeing a new breed and crop of entrepreneur in climate tech, and it's exciting."