The Future of Climate Tech 2024 

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Key takeaways

The risks of climate change are becoming increasingly clear, and the appetite for technological solutions continues to grow. As a result, the innovators leading the way to a net-zero future have the wind at their backs even amid a decline in overall venture capital investment. Our latest report explores the opportunities available in this optimistic but complex landscape. Here are three takeaways:


In US VC fundraising closed in the last 4 quarters

Climate tech VC fundraising has held up well, settling at a historically high level.


Decline in deal activity since 2021

Compared to the 24% decline in overall US VC deal activity, climate tech remains resilient.


Of climate tech companies with less than 12 months of cash runway

Cash continued to fall for climate tech startups in 2023.