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Pete Schork
Principal at Broadscale
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Work Experience
Principal
Present
Company Details
2-10 Employees
Broadscale Group is a new model of investment firm working with leading energy corporations to invest in and commercialize the industry's most promising market-ready innovations. We provide our network of industry leaders with preferred access to new technologies and services that will make them more efficient and competitive. And we offer growth-stage companies streamlined access to strategic sources of capital, distribution, and demand. We believe the key to unlocking progress in energy and resources is combining the drive, creativity, and technological advances of the best entrepreneurial companies with the market knowledge and reach of our industry-leading network members. Capital is necessary, but not sufficient. New models of collaboration are needed. Using the power of network effects, transparency, competition, and financial alignment, we identify the most promising new technologies and business models, aggregate demand for them, and accelerate their deployment. Broadscale is the first clearinghouse of this kind, created to address the market challenges that have prevented viable technologies from achieving mainstream success. This is particularly true in the energy and resource industries, where sizable capital requirements, complex regulations, and long adoption periods often prevent promising technologies from reaching commercial scale. For this reason, we are starting with a focus on power and utilities. While our work builds on the experience of investment funds, merchant banks, and technology accelerators, Broadscale is a new kind of organization. We leverage our deep relationships with leaders at both large corporations and growth companies to connect the right market participants, align their financial interests, and partner with them to turn innovation into impact.
Year Founded
2012
Social Media
LinkedinTwitter
Industry
Investment Management
HQ Location
430 Park Avenue Suite 1501 New York, New York 10022, US
Keywords
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