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Fundraising Strategies for Industrial Ventures: From Prototype to VC-Backed | Deep Tech Catalyst

Aidan Madigan-Curtis, partner at Eclipse Ventures, on how industrial founders validate customer pain, build VC-backable business models, pitch investors, and scale hardware ventures.

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Welcome to the 68th edition of Deep Tech Catalyst, the channel by The Scenarionist, where science meets venture!

In the world of deep tech, building a working prototype is just the beginning. For founders spinning out of labs or R&D teams, the real challenge isn’t just technical—it's translating scientific breakthroughs into businesses investors want to back. Especially in hardware and industrial ventures, where capital intensity is high, go-to-market is complex, and margins are hard-won.

In this episode, we sit down with Aidan Madigan-Curtis, Partner at Eclipse Ventures. With years of experience helping early-stage deep tech companies scale from concept to commercialization, Aidan shares a tactical view of what makes a pre-revenue startup investable—and what separates scalable business models from expensive science projects.

Together, we dive into:

  • How to validate industrial markets and engage corporate buyers—even at TRL 4/5

  • What a truly VC-backable pitch deck looks like for hardware founders

  • The critical business model decisions that make or break scale in manufacturing

  • How founder-CEOs can grow into world-class leaders without giving up the reins

Whether you’re building an industrial startup from scratch or refining your fundraising narrative for pre-seed investors, this episode offers an essential roadmap to turning prototypes into venture-grade companies.

Let’s get into it! 🚀


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BEYOND THE CONVERSATION — STRATEGIC INSIGHTS FROM THE EPISODE

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