'The 2-2-2 rule': Inside this angel's unique climate tech investing strategy
17 mars 2026
17:04
Angel investors are crucial sources of capital for impact startups and VC funds, especially during tough times.
We sat down with one of the more prolific angels in this space, Rafaeli Carmel, to discuss her golden rule for angel investing, her new venture The Table, and how she plans to boost female representation in tech.
We sat down with one of the more prolific angels in this space, Rafaeli Carmel, to discuss her golden rule for angel investing, her new venture The Table, and how she plans to boost female representation in tech.
Self-professed ‘recovering entrepreneur’ Carmel Rafaeli has made 42 climate tech investments in under four years, almost all of them targeting women founders in climate tech. She’s also taken several LP positions in impact funds, including Carbon Equity.
Over time, she’s developed a rather unique approach to taking small strategic stakes in early-stage ventures. She calls it the 2-2-2 rule.