Background:

Based in Toronto, with teams in Oslo and San Francisco, ArcTern is a venture capital firm investing globally in breakthrough technology companies solving climate change and sustainability issues – we call it Earthtech. ArcTern has over a decade of sector experience, and was founded on the premise that accelerating the transition to a carbon-neutral economy will disrupt all industries and present an unprecedented opportunity for outsized financial returns. Solving our planet’s biggest problems will lead to big rewards – for companies, their investors and, of course, Mother Earth.

Within the Earthtech space, ArcTern invests across five subsectors: Electricity and Energy, Clean Industry, Transportation and Mobility, Food Systems, and Nature. We focus on early growth (Series A and B) investments within North America and Europe.

We are currently seeking individuals at the Associate level to join our investment team to help us identify, evaluate, invest in, and support the next generation of breakthrough, category-defining Earthtech companies.

Role and Responsibilities:

The Associate will support the investment team on the following tasks:

Deal sourcing:
Generate and track deal flow from a wide variety of sources (e.g. incubators, conferences, VC partners)
Screen and prioritize deal flow by participating in company pitches and conducting initial analysis (market, competition, etc.)
Lead thematic research efforts focused on identifying investable opportunities in emerging subcategories of the Earthtech landscape
Conduct due diligence on investment opportunities:
Collect and analyze data from primary and secondary sources (e.g. interviews, market research, company materials)
Conduct financial modelling and exit analysis
Synthesize and draw insights from qualitative and quantitative analysis, and incorporate into investment recommendations
Support fund operations:
Portfolio company KPI tracking, investment valuation, and quarterly reporting
Marketing and investor relations
Advise portfolio companies on strategy and operations:
Provide ad-hoc support to portfolio companies when needed (e.g. go-to-market strategy, hiring, financial projections and budgeting, capital raising, etc.)

Qualifications:

Deep interest in and passion for finding tech-based solutions to climate change and other sustainability issues
2-4 years of experience in relevant field: management consulting, investment banking, private equity, venture capital, start-up operating role; cleantech/climate tech-specific experience is an asset
Bachelor or Master’s degree in business, finance, economics, engineering, or other related field
Strong financial analysis and modelling skills
Strong written and verbal communication skills
Highly self-motivated, critical thinker who approaches problems from first principles and enjoys diving deep into complex topics
Willingness to travel (approx. once per month, depending on current focus)

Why ArcTern?

Work for a mission-driven organization: we are focused on solving big, complex problems, and unlocking big rewards in return
Join a rapidly growing world-class venture capital firm and team: this is an opportunity to join early and develop with the organization
Enjoy a diversity of work, spanning different sectors, functions, and geographies: everyday is different and there is flexibility in pursuing the work that you want to do
Results-focused environment: autonomy and flexibility in when, where, and how you work as long as the job gets done
Opportunity to travel: we invest globally and are always searching for the best cleantech opportunities around the world
ArcTern views diversity and equal opportunity as a competitive advantage: we strive to build a team that represents a wide variety of backgrounds, perspectives, and skills
Competitive compensation package

Applications:

To apply, please send (in PDF format) a cover letter and resume to hiring@arcternventures.com with the subject line format below. The city listed should be the location of the office you are applying to – either Toronto or San Francisco. Applicants must be legally entitled to work in the location of the office they are applying to. Applicants can only select one office to apply to unless they are legally entitled to work in both Canada and the US.

Subject Line:

City – Associate – Applicant Name

ArcTern Ventures

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