Heidi Lindvall on Pale Blue Dot's Gaza post, the backlash, and when investors should speak up: 'Many feel it’s safer to stay quiet'

17 sep. 2025
23:34
Israel’s war in Gaza – a taboo subject in the startup world – was the centre of a lively discussion at The Drop, a climate tech gathering in Malmö, Sweden, this week.
We spoke with Heidi Lindvall, general partner at Pale Blue Dot, one of Europe's most well-known climate VCs and the event's organiser, about why the firm chose to speak out on Gaza in a public post on Linkedin, and whether she thinks more investors should follow its lead.
"I don’t think it was a mistake," Lindvall told Impact Loop.
We spoke with Heidi Lindvall, general partner at Pale Blue Dot, one of Europe's most well-known climate VCs and the event's organiser, about why the firm chose to speak out on Gaza in a public post on Linkedin, and whether she thinks more investors should follow its lead.
"I don’t think it was a mistake," Lindvall told Impact Loop.
Over a thousand climate tech founders and investors gathered in Malmö, Sweden, this week for The Drop, a conference organised by venture capital firm Pale Blue Dot.
Conversations repeatedly turned to war and politics – from whether impact VCs should back dual-use technologies to the fallout from the Trump administration’s rollback of climate policy.