Climatetech has emerged as a new frontier for founders wanting to tackle climate change.
Together with @CHerweijer and her team at PwC, we looked at how the sector has been developing over the past seven years.
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Together with @CHerweijer and her team at PwC, we looked at how the sector has been developing over the past seven years.
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Overall CAGR of 84% since 2013-2019, representing a total of $60bn invested in 1200+ #cliimatetech startups.
Last year alone, climate tech investments made 6% of global VC activity in 2019
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Last year alone, climate tech investments made 6% of global VC activity in 2019
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There has been a marked increased in the number of deals, particularly larger ones
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Despite the challenges of the #climatetech space, startups are converting from Seed to Series A at a rapid clip.
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In the seven-year period, mobility and transport have made up 63% of all funding. However, we are seeing activity across all sectors.
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You can find the full report at pwc.com/climatetech
The report wouldn't have been possible without @ben_combes and team, as well as amazing work from @dealroomco
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The report wouldn't have been possible without @ben_combes and team, as well as amazing work from @dealroomco
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Thanks also to @vkhosla @dawnlippert @albertwenger @jjacobs22 @hajak @andrewbeebe @landonbrand @bill_gross @ramez @leepnet @shaylekann @posamentier @bznotes @NancyPfundDBL and many others who contributed.
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