Two charts to compare and contrast. 1. Climate Tech VC funding peaks in 2021 - together with the top of the VC and ESG bubble 2. Between 2021 and 2024 investment in energy transition globally almost doubles, increasing by nearly $1 trillion Amidst a vibes deterioration, we're encountering a sense amongst many that the investment opportunity might have slipped away, even as the end markets have become huge and continue to grow steadily.
While renewables like solar and wind dominate headlines, other promising subtrends are fueling the climate tech boom: -Carbon Capture & Direct Air Capture: Governments and heavy industries invest in large-scale projects to mitigate unavoidable emissions. - Green Hydrogen: The race is on to produce cost-competitive hydrogen for decarbonizing steel and heavy transport. - Energy Storage & Battery Innovation: Better batteries are crucial to balancing grids and powering electric mobility. - Circular Economy Solutions: Tech that tackles waste reduction and resource efficiency is drawing increased attention.
VCs have missed the actual boat, putting so much money into trendy bad tech, meanwhile entrepreneurs on good tech are bootstrapping to project finance instead.
ClimateTech investor on a hunt for Gigacorns
1 个月Still very much open for business and doubling down on the opportunity! The right hand graph needs steady supply of things to back for scale from the left hand graph!