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EMIN ASKEROV
Cleantech FOAK and Scale-up Consiglieri
My insights and blog
Dive into my latest thoughts on Greentech trends, startup strategies, and investment insights. Stay ahead in the green revolution.
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Book Review: "Unicorns, Hype, and Bubbles" by Jeffrey Funk
Check out my review of Dr. Funk's book, where I highlighted some key takeaways, like why hype has replaced productivity, why consultants always win first, and what it means for anyone evaluating early-stage tech in climate and beyond.
Emin Askerov
8 hours ago5 min read
3 views


The Hype Around Water Tech
Can you find unicorns in water? There is a hype around water tech startups. Climate is changing, and some countries, such as Turkey,...
Emin Askerov
2 days ago2 min read
3 views


Bridging the FOAK finance gap: IPO before VC
They IPO’d before raising VC. Here’s why that was genius. ATOME Energy didn’t follow the usual startup playbook. No pre-seed. No seed. No...
Emin Askerov
3 days ago1 min read
0 views


The Holy Trinity of FOAK Finance
You don’t need to have a financial degree or a background in finance to understand the key principles of funding a FOAK.
Emin Askerov
May 296 min read
1 view


FOAK no more. Three takeaways from the US climate rollback
Don’t play with the government. That’s a rule my father taught me. He built his business in the 90s and early 2000s in Russia. He knew...
Emin Askerov
May 272 min read
3 views


Post-FOAK Is the New FOAK: A Strategic Review of the OCED’s First-of-a-Kind Project Playbook
A review of possibly the most comprehensive collection of real-world examples for getting cleantech from the lab to steel-in-the-ground scale. If you’re in the weeds of building a FOAK (First-of-a-Kind) project, or advising someone who is, this report deserves a place on your desk.
Emin Askerov
May 223 min read
3 views


The Energy Test Framework
A climate tech idea that needs more energy than it saves? That’s not innovation. That’s a waste.
Emin Askerov
May 212 min read
3 views


Grants for FOAK
During my time scaling up climate tech, I wouldn’t touch government grants. Even when they could clearly reduce my capital costs, help to...
Emin Askerov
May 87 min read
10 views


Mastering the FOAK Journey: A Practitioner’s Guide to Scaling Cleantech
We don’t have a cleantech innovation problem — we have a FOAK execution problem.
Over the past year, I’ve been building something I wish I had when I started scaling my first climate tech venture: a practical, experience-based framework for getting First-of-a-Kind (FOAK) projects off the ground.
In my latest article, I’ve pulled together my 50+ posts into a structured overview that maps the FOAK journey—from the moment you decide to leave the lab to the day your NOAKs are r
Emin Askerov
May 14 min read
26 views


Hydrogen planes: The new Concorde, minus the takeoff
Airbus just quietly moved the launch of its hydrogen-powered plane from 2035 to 2045. In corporate speak, that’s not a delay—it’s a...
Emin Askerov
Apr 251 min read
4 views


💸 Why (most) climate tech startups don’t deliver 10x returns
Data shows that 10x returns are extremely rare in the climate tech
Emin Askerov
Mar 251 min read
12 views


What will happen to Cleantech in 2025?
What are the main challenges to NetZero in 2025?
Emin Askerov
Mar 191 min read
2 views


Power and Progress: Does Technology Benefit All By Default?
the most cyberpunk thing I’ve read this year wasn’t fiction—it was a book by Nobel Prize winning MIT economists
Emin Askerov
Mar 64 min read
4 views


How Long Should Your Off-Take Be?
This week, I go briefly into the key factors behind determining the term of your off-take
Emin Askerov
Mar 32 min read
8 views


Three Steps to Building a FOAK
Your First-of-a-Kind (FOAK) project is where your climate tech startup is a startup no more. Investors, customers, and even your own team...
Emin Askerov
Feb 252 min read
21 views


🐝 Bees Against Honey: Should Climate Startups Exit to Big Oil?🍯
Do acquisitions of climate tech startups by Big Oil help or hinder energy transition?
Emin Askerov
Feb 172 min read
6 views
How many climate tech startups and VCs are frauds?
I have no idea. Still, the question has been popping up in my head now and again for the last year. Every time I see some “hydrogen...
Emin Askerov
Feb 142 min read
4 views


Why Are Western Battery Startups Failing? 🪫
Investor's pressure to go big might have had a hand in it.
Emin Askerov
Feb 102 min read
7 views


Stationary Energy Storage: Which Business Models Will See Most Growth?
The stationary energy storage market tripled in 2023. But with the sector maturing fast, not every corner is ripe for VC-backed disruption
Emin Askerov
Feb 63 min read
6 views


The 5 Steps of The Pilot Stage
A Pilot is your first real-world test—where you prove that your technology works outside the lab.
Emin Askerov
Jan 303 min read
11 views
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