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Varaha, an India-based climate tech startup, has raised $20 million in fresh funding as it looks to scale carbon removal projects from the Global South and position itself as a lower-cost supplier for verified emissions reductions. The investment marks the first portion of a planned $45 million Series B round led by WestBridge Capital, the…
This was supposed to be the year that climate tech died. President Donald Trump and the Republican Party have done their best to dismantle the Biden administration’s hallmark industrial and climate policies. Even the European Union has begun to ease off its most aggressive goals. And yet, as the year closes, the receipts provide a…
Conventional wisdom suggests that climate tech is entering a winter season, where political and investor interest and investment levels are cooling — an ironic contrast with the climate itself, which keeps delivering years of record warmth. A new report from the International Energy Agency suggests there has never been a better time to go all-in…
Synthetic fertilizer is a modern wonder, helping to feed billions of people, but it’s not without its costs. Fertilizer runoff from farm fields has led to dead zones in oceans around the world, where low oxygen levels have starved normally teeming coastal waters of life itself. Eliminating synthetic fertilizers is a tall order, but one…
African venture capital firm Equator has raised $55 million for its first fund, which will back climate tech startups through one of the most difficult and often overlooked phases in their journey: the early stage. Climate tech startups in African countries have to navigate a tougher funding landscape than their counterparts in more developed economies,…
Climate tech may have had a down year in 2024, but new data also shows a maturing sector with larger deal sizes. Venture investment in the climate tech sector was down 7% to $12.9 billion, $1 billion shy of 2023’s tally, according to data in a new PitchBook report. The report found that round size…