The article discusses the growing trend of climate tech venture fundraising, with several data sources indicating a significant increase in investment in this sector. Here are some key points from the article:
- PwC data shows that climate tech funding has been heating up for some time now.
- HolonIQ data indicates a very strong start to 2022 fundraising in the sector.
- PitchBook data generally confirms an acceleration in climate tech venture fundraising.
- A narrower Crunchbase dataset also points in the same direction, indicating a growing trend of climate software companies raising large amounts of capital.
Some notable investments mentioned in the article include:
- SOSV’s Wu claims that "the climate threat is a $100T opportunity," highlighting the potential for investors to profit from addressing this challenge.
- Arcadia, a climate tech startup, has raised significant funding and is seen as an example of the growing trend of investment in this sector.
Overall, the article suggests that climate tech venture fundraising is on the rise, with multiple data sources indicating a significant increase in investment in this sector. This growth is likely driven by both the potential for profit and the increasing recognition of the need to address climate change.