{"id":571593,"date":"2023-04-24T15:52:11","date_gmt":"2023-04-24T12:52:11","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/vcs-invested-e60bn-in-climate-tech-last-year-heres-where-it-went\/"},"modified":"2023-04-24T15:52:11","modified_gmt":"2023-04-24T12:52:11","slug":"vcs-invested-e60bn-in-climate-tech-last-year-heres-where-it-went","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/vcs-invested-e60bn-in-climate-tech-last-year-heres-where-it-went\/","title":{"rendered":"#VCs invested \u20ac60BN in climate tech last year \u2014 here\u2019s where it went"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a38f918dc782\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a38f918dc782\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/vcs-invested-e60bn-in-climate-tech-last-year-heres-where-it-went\/#Most_of_European_climate_tech_investment_is_local\" >Most of European climate tech investment is local<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/vcs-invested-e60bn-in-climate-tech-last-year-heres-where-it-went\/#Energy_storage_tops_the_list_for_cleantech_investors\" >Energy storage tops the list for cleantech investors<\/a><\/li><\/ul><\/nav><\/div>\n<div id=\"article-main-content\">\n                            <span style=\"font-weight: 400;\">Despite the tech startup funding landscape <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>earing <\/span><span style=\"font-weight: 400;\">gloomier than in many years<\/span><span style=\"font-weight: 400;\">, there are a few potential bright spots. Long-term climate targets in Europe and beyond are creating new opportunities for cleantech developers and investors.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While there may be a recent dip in activity, funding has practically catapulted the past couple of years. In order to recover from our addiction to fossil fuels, it is going to take a fundamental shift of the current paradigm. And there are significant amounts of money being thrown at the problem.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As reported by <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/graphics\/2023-climate-tech-startups-where-to-invest\/#xj4y7vzkg\"><span style=\"font-weight: 400;\">Bloomberg<\/span><\/a><span style=\"font-weight: 400;\">, the total global investment into the energy transition, private and public, reached $1.1 trillion in 2022. This was up from a mere $214 billion ten years prior, and the numbers have positively skyrocketed since 2020.<\/span><\/p>\n<figure class=\"post-image post-mediaBleed aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1395804 size-full js-lazy\" alt=\"Graph showing climate tech investment from 2004 until 2022\" width=\"1640\" height=\"1190\" sizes=\"auto, (max-width: 1640px) 100vw, 1640px\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph.png\" srcset=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph.png 1640w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph-280x203.png 280w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph-186x135.png 186w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph-372x270.png 372w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph-1536x1115.png 1536w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph-796x578.png 796w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph-1592x1155.png 1592w\"\/><figcaption><a rel=\"nofollow noopener\" target=\"_blank\" href=\"#\" data-url=\"https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Feditorial.thenextweb.com%2Fsustainability%2F2023%2F04%2F24%2Fvc-investment-60-billion-climate-tech-last-year-where%2F&amp;via=thenextweb&amp;related=thenextweb&amp;text=Check out this picture on: The last couple of years have seen an unprecedented investment in climate tech. Credit: BloombergNEF\" data-title=\"Share The last couple of years have seen an unprecedented investment in climate tech. Credit: BloombergNEF on Twitter\" data-width=\"685\" data-height=\"500\" class=\"post-image-share popitup\" title=\"Share The last couple of years have seen an unprecedented investment in climate tech. Credit: BloombergNEF on Twitter\"><i class=\"icon icon--inline icon--twitter--dark\"\/><\/a>The last couple of years have seen an unprecedented investment in climate tech. Credit: BloombergNEF<\/figcaption><noscript><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1395804 size-full\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph.png\" alt=\"Graph showing climate tech investment from 2004 until 2022\" width=\"1640\" height=\"1190\" srcset=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph.png 1640w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph-280x203.png 280w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph-186x135.png 186w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph-372x270.png 372w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph-1536x1115.png 1536w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph-796x578.png 796w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/energytransitiongraph-1592x1155.png 1592w\"\/><\/noscript><\/figure>\n<p><span style=\"font-weight: 400;\">Specifically, the total of VC funding in climate tech last year hit $70.1 billion \u2013 a rise of 89% compared to 2021 in an otherwise bleak year for investments.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While the US leads the global climate tech VC investment race with $26.8 billion, Europe sits firmly in second place with $17.9 billion, which represents an increase by over 100% from the year before.\u00a0<\/span><\/p>\n<div class=\"inarticle-wrapper channel-cta\">\n<div class=\"ica-text\">\n<p class=\"ica-text__title\">Join us at TNW Conference June 15 &amp; 16 in Amsterdam<\/p>\n<p>Here are four reasons why you can&#8217;t miss it<\/p>\n<\/div>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Most_of_European_climate_tech_investment_is_local\"><\/span>Most of European climate tech investment is local<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dealroom.co\/blog\/the-rise-of-europe-climate-tech\"><span style=\"font-weight: 400;\">report<\/span><\/a><span style=\"font-weight: 400;\"> put together by Dealroom and Talis Capital late last year found that in 2021, the European climate tech ecosystem was worth over $100 billion: a value that has also more than doubled since 2020. The majority \u2014 70% \u2014 of European climate tech investment stems, thus far, from local investors.\u00a0<\/span><\/p>\n<figure class=\"post-image post-mediaBleed aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1395805 size-full js-lazy\" alt=\"Graph displaying value of European climate tech ecosystem in 2021\" width=\"1640\" height=\"919\" sizes=\"auto, (max-width: 1640px) 100vw, 1640px\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM.png\" srcset=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM.png 1640w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM-280x157.png 280w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM-241x135.png 241w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM-482x270.png 482w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM-1536x861.png 1536w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM-796x446.png 796w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM-1592x892.png 1592w\"\/><figcaption><a rel=\"nofollow noopener\" target=\"_blank\" href=\"#\" data-url=\"https:\/\/twitter.com\/intent\/tweet?url=https%3A%2F%2Feditorial.thenextweb.com%2Fsustainability%2F2023%2F04%2F24%2Fvc-investment-60-billion-climate-tech-last-year-where%2F&amp;via=thenextweb&amp;related=thenextweb&amp;text=Check out this picture on: The overall value of the European climate tech ecosystem more than doubled between 2020 and 2021. Credit: Dealroom.co\" data-title=\"Share The overall value of the European climate tech ecosystem more than doubled between 2020 and 2021. Credit: Dealroom.co on Twitter\" data-width=\"685\" data-height=\"500\" class=\"post-image-share popitup\" title=\"Share The overall value of the European climate tech ecosystem more than doubled between 2020 and 2021. Credit: Dealroom.co on Twitter\"><i class=\"icon icon--inline icon--twitter--dark\"\/><\/a>The overall value of the European climate tech ecosystem more than doubled between 2020 and 2021. Credit: Dealroom.co<\/figcaption><noscript><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-1395805 size-full\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM.png\" alt=\"Graph displaying value of European climate tech ecosystem in 2021\" width=\"1640\" height=\"919\" srcset=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM.png 1640w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM-280x157.png 280w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM-241x135.png 241w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM-482x270.png 482w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM-1536x861.png 1536w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM-796x446.png 796w, https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/Screen-Shot-2022-03-16-at-2.55.26-PM-1592x892.png 1592w\"\/><\/noscript><\/figure>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400;\">\u201cWhat we find fascinating about climate tech companies is that \u2013 as opposed to the great venture stories of the last decade like Uber and Airbnb \u2013 they aren\u2019t creating new markets,\u201d <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dealroom.co\/blog\/the-rise-of-europe-climate-tech\"><span style=\"font-weight: 400;\">said<\/span><\/a><span style=\"font-weight: 400;\"> Matus Maar, co-founder and managing partner at Talis. \u201cInstead, they\u2019re approaching some of the largest existing markets and reinventing them with sustainable alternatives.\u201d<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Energy_storage_tops_the_list_for_cleantech_investors\"><\/span>Energy storage tops the list for cleantech investors<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Meanwhile, it is not a matter of simply throwing more money at already existing clean technologies. Previously, venture capitalists may have chosen to mostly fund startups in, for instance, solar power and EVs. As these technologies have matured, the trend is shifting towards other innovations such as decarbonising food production, or <\/span><span style=\"font-weight: 400;\">carbon capture<\/span><span style=\"font-weight: 400;\"> and sequestration. However, <\/span><span style=\"font-weight: 400;\">energy storage<\/span><span style=\"font-weight: 400;\"> technologies, <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-11-15\/battery-storage-tops-list-for-climate-tech-investors-esg-survey\"><span style=\"font-weight: 400;\">including batteries<\/span><\/a><span style=\"font-weight: 400;\">, are seeing the highest levels of investment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Bloomberg, mobility funding still ranks high on the list of total amount invested globally with ($11.4bn), but has been surpassed by storage ($18.4bn), and is closely followed by food and agriculture ($9.5bn). The other main sectors are renewables ($8bn), circular economy ($6.2bn), carbon markets ($5.4bn), built environment ($4.9bn), resources ($4.7bn), data and finance ($1bn), and biosphere ($0.6bn).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When looking at the top five of number of deals closed, mobility only came in as the fifth sector (334), beaten by storage (559), food and agriculture (537), circular economy (508), and renewables (417).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the words of the authors of the Bloomberg report that presented the figures, for early-stage investors, \u201csolar panels and electric vehicles are so 2011.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, according to fresh data, even the climate tech sector is not immune to the diminishing investment trend. VC and private equity flows fell 12.8% in Q1 compared to the rolling four-quarter average. <\/span>\n                        <\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/technology\/\" target=\"_blank\" rel=\"noopener\">Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thenextweb.com\/news\/vc-investment-60-billion-climate-tech-last-year-where\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite the tech startup funding landscape appearing gloomier than in many years, there are a few potential bright spots. Long-term climate targets in Europe and beyond are creating new opportunities for cleantech developers and investors.\u00a0 While there may be a recent dip in activity, funding has practically catapulted the past couple of years. In order&#8230;<\/p>\n","protected":false},"author":1,"featured_media":571594,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&fit=1280,640&url=https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2023\/04\/shutterstock_2224682719-e1682339970665.jpg&signature=a77e562c677e979f9068717e3106b510","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-571593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/571593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=571593"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/571593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/571594"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=571593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=571593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=571593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}