Better late than never: highlights of the Climate Tech VC´s 2022 #climatetech investment report 🌎

It paints a slightly different picture compared to HolonIQ´s report (my analysis here https://lnkd.in/dsrjsVhx), I believe largely down to differences in focus (#climatetech vs #cleantech).

💰 Overall investment into climate tech stayed almost constant at $40b, a 3% decrease compared to 2021.

🎉 Deal flow, on the other hand, increased almost 40% and reached 1,000+ deals for the first time ever.

🤔 Early investment stages have been growing: Seed at +51% and Series A at 64%, while medium stages kept constant and growth stage funding even fell by 24%.

🌟 The carbon category defied all odds and showed the fastest growth of any vertical at 305% from $600m to $2.3b. Carbon dioxide removal constitutes (#cdr) the biggest sub-category within the carbon sector.

💡1,642 climate tech companies have emerged in the last 3 years, testament to the incredible innovation in this sector.

This report confirms what I have been seeing in the market: a lot of amazing companies emerging, a booming carbon dioxide removal sector, and a lack of investors to really boost companies to the scale we need, something that the latest announcement of billion dollar funds by Goldman Sachs and Morgan Stanley will hopefully address.

A special shoutout to Max Zeller, Benjamin Schulz and Karen Strassel of Carbon Removal Partners for taking top spot for the VC with most investments into CDR in 2022 - you are doing a terrific job in getting this sector ofthe ground.

Link to full report: https://www.ctvc.co/40b-and-1-000-deals-in-2022-market-downtick/