Hardware Podcasts

2023 climate tech venture investment trends

Catalyst · 11 Jan 2024 · 43m

What this episode covers

Kim Zou, co-founder and CEO of Sightline Climate, joins host Shayle Khan to analyze the 2023 Climate Tech Investment Trends report, revealing a 30% decline in venture funding driven by the disappearance of mega-rounds rather than a drop in deal count. The discussion highlights how sectors like food and land use suffered significant declines due to bankruptcies in alternative proteins and indoor farming, while heavy industry emerged as a relative winner through large-scale projects like H2 Green Steel. Zou argues that smaller deal sizes indicate market maturation, as the sector shifts from dilutive growth rounds toward more realistic milestone-based financing and eventual graduation to project finance.

Most relevant to

early-stage companies

Topics

Mentioned

Companies
Sightline Climate, Pitchbook, Beyond Meat, H2 Green Steel, Boston Metal, Carbon Engineering, Proterra, NextEra Energy, N-Light Renewables, LanzTech
Products
EnergyHub

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