š„ Global climate tech investment reached a record-breaking $70.1 billion in 2022, an 89% increase from the previous year.
šŖšŗ Investment in European climate tech ventures more than doubled, reaching $24.5 billion in 2022 from $11.9 billion in 2021.
š Carbon dioxide removal (#CDR) received $5.3 billion in funding in 2022, with the Climeworks $650m round leading the way (and CarbonfutureĀ“s ā¬5.5m round playing its part too!).
š The largest share of funding went to renewable energy and energy storage, with $23.7 billion and $11.2 billion respectively.
š¦ There are now 83 climate tech unicorns globally, of which 15 are European.
These are incredible stats! While the world economy is likely heading into a recession, climate tech investment has almost doubled! Particularly exciting to see Europe being ahead of the curve in this growth.
If you are looking for a #careerchange, itĀ“s never been a better time to join the sector and build a future-proof career while helping us save the š
Thanks to the team at HolonIQ for gathering this data.
Full report: https://www.holoniq.com/notes/2022-climate-tech-vc-funding-totals-70-1b-up-89-from-37-0b-in-2021
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