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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, start-up 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?
Co-founders Kimberly Zou and Sophie Purdom of Climate Tech VC, the leading newsletter on climate and innovation, have gathered and crunched the data in a new report. They join us to answer these questions.
Sophie is a sustainability business practitioner and early-stage climate investor, and was a co-founder of the microbial fertilizer company Kula Bio.
Together we define the space, look at hotspots, and discuss where the influx of capital is coming from.
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