There's some fear that the sector could go bust again. And 6 cents of every VC dollar spent last year went towards climate tech, a PwC report shows. That's up from an average of about $5.6 billion per year between 20. VCs have poured almost $16 billion into the sector already this year, according to clean-tech data PitchBook shared with Business Insider. Now the clean-tech industry is roaring once more, though many investors have given it a new label: Climate tech. Venture capital investors burned billions betting on solar panels, batteries, and biofuels, causing them to retreat from the industry. For more stories like this, sign up here for our weekly energy newsletter.Ī decade ago, clean tech was a dirty word.What they have in common is a product that helps lower greenhouse gas emissions. They shared 46 companies, which are developing wildly different technologies.We asked 15 top firms and incubators, from Khosla Ventures to Greentown Labs, which startups they think are set to soar in the year ahead.VCs are pouring money into climate-tech startups developing everything from batteries to machines that capture carbon emissions.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |