Climate Tech Brings in $16 Billion. Where's It Going?

In the world of venture capital, climate tech is about as hot as it gets. In the first two quarters of 2021, climate tech companies raised $16B from VCs. New designated funds are announced regularly, startup valuations are sky high, and times are frothy. It's never been a better time to be a climate tech entrepreneur.It's easy to get lost in the noise -- so what does the hard data say? How much investment are we talking about, really? Where is it coming from, and who is it going to? And what does that tell founders about how to operate and grow their businesses?To answer these questions, Shayle turns to Climate Tech VC, the leading newsletter on climate and innovation. Co-founders Kimberly Zou and Sophie Purdom have gathered and crunched the data in a new report.Sophie is a sustainability business practitioner and early-stage climate investor, and was a co-founder of the microbial fertilizer company Kula Bio. Kimberly is an investor at Energy Impact Partners, where Shayle is a partner.Shayle, Sophie and Kimberly define the space, look at hotspots, and discuss where the influx of capital is coming from. Also, be sure to check out the job board and investor list that Clean Tech VC maintains.The Interchange is brought to you by Hitachi ABB Power Grids. Are you building a renewable plant? Looking for a battery energy storage system? Thinking about how to integrate renewables to your grid? Hitachi ABB Power Grids is your choice. The Interchange is brought to you by LONGi Solar, the world’s leading solar technology company. A global market leader, LONGi has unmatched bankability, quality and performance validated by third-party laboratories, and has breakthrough innovation at both the wafer and module level.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.