In 2022, total funding for climate tech soared to a total of $70 billion, an increase of 89% from 2021. This eye-watering sum was completed…
Combatting climate change has become the defining action of our generation, and is a collaborative effort we cannot waste time on if we want to avoid catastrophic impacts. This year, we have also seen that fighting climate change through climate technology is quickly becoming economically important as well. Reports showed that in 2021 investors globally closed as many climate-focused funds as were raised during the previous five years combined, indicating that climate concern is no longer limited to a select few, but general investors globally.
The range of startups we have featured over the past 5 months has been extensive and has included everything from carbon capture, recycling schemes, and building technologies, to reusable packaging, clean pet food, and wooden bank cards. Because of this, we have categorized the startups according to 8 key industries/sectors in the economy that are addressing emissions, and/or are in need of management.This list does not show what sectors are receiving the most investment, which sectors are growing the fastest, or the full spectrum of all startups active in these sectors at the moment, but rather the startups that we found organically in our network that were creating promising, impactful solutions and are in early growth stages.
We featured 100 startups from 18 countries, The countries represented the most in this list were the US, the UK, and Sweden. Of the 100 startups, 32 had female founders or females in CO roles, making up only 19.8%- a number we hope to see grow as we feature more female and BIPOC run startups in the future. If you are looking to see which female founders, in particular, we have been monitoring, take a look at our recent profile blog post of the 20 Women Driving the Future of Climate Tech.The biggest industries in our list were Water, Waste Management & Green Materials startups (making up 26% of the list), followed by FoodTech, AgTech & Landuse startups (making up 21%), and lastly, Energy startups which made up 15%. Whilst this data does not reflect the industries receiving the most investment at the moment, it does tell us that these are categories that were active in the ecosystem and readily looking for growth.