Get your first plant financed.
I'm Dominik, co-founder of Cyclize. I help founders of capex-heavy companies get from venture capital to project finance, and I share what I learned from years of building and hundreds of conversations with lenders, investors and founders.
Join founders, lenders and investors building capex-heavy companies. Or get in touch directly.
The leap from venture to project finance
The question capital asks changes completely.
“Can this technology work?”
Capital is primarily underwriting- 01Technology
- 02Team
- 03Market
- 04Growth
- 05Future potential
“Can this project reliably repay its capital?”
Capital is primarily underwriting- 01Contracted cash flows
- 02Asset performance
- 03Counterparties
- 04Construction
- 05Operating risk
- 06Security
- 07Downside protection
What makes a project bankable?
Venture capital can finance uncertainty. Project finance requires uncertainty to be allocated, mitigated, contracted and priced.
The House of Bankability is a model I framed for exactly that: sixteen building blocks on four floors, built from the ground up, plus an eleven-question checklist to find your gaps.
The questions founders bring to me most
Each one maps to a building block in the House of Bankability. Start with the guide, and if your case is more complicated, reach out.
Everything on bankability, in one place
Insights & cases
Explainers on DSCR, offtake and EPC, and case studies of how projects become bankable, and where they don't.
Read → ToolsChecklist & calculator
The Bankability Checklist, the Field Guide on all 16 building blocks and the Debt Capacity Calculator.
Use the tools → CommunityJoin the House
A small, curated circle of founders, lenders and investors working on first-of-a-kind plants.
Join the waitlist → DataFinancing Ledger
38 deep tech financings: who lent to which plant, fab or reactor, how much, and on what structure.
Explore the ledger →Take the work I already did
Practical documents from my own financing work. Leave your email and I will send them to you.
Lender long-list for first-of-a-kind plants
Banks, development banks, export credit agencies and infrastructure funds that have financed FOAK and deep tech assets, with deal references from the ledger.
Data room checklist for project finance
Every document lenders ask for in due diligence, organised by the four floors of the House of Bankability.
Join the House
A curated community of founders, lenders, infrastructure investors and advisors who want first-of-a-kind plants to reach financial close.
- Quarterly Bankability Roundtables with lenders and founders
- Peer exchange on offtake, EPC, insurance and term sheets
- Early access to new cases, resources and the Financing Ledger
- Introductions where they help both sides
Request an invite
Membership is free and kept small. Tell me who you are and I will be in touch when the first cohort opens.
Let's solve the capital gap together
Most of what I know comes from conversations. If you are working on something capex-heavy, I would like to hear about it.
Book a founder call
30 minutes on your financing path: offtake, structure, lenders, sequencing.
Request a call → Your projectShare your case
Send me where you are. I give honest feedback, and good cases may become a write-up here.
Send your case → EventsSpeaking & podcasts
Talks and panels on bankability, project finance and scaling deep tech.
Invite me → In developmentAI agent for financial risk
Monitors covenants and long-stop dates on project-financed assets. Looking for design partners.
Become a design partner →Build something banks can finance.
Practical insights on project finance, FOAK deployment, risk allocation and the transition from venture capital to infrastructure capital.