North America leading in green startups
Green startups – Image: Anton Watman|shutterstock.com
Startups whose business models focus on decarbonizing the economy raised a total of $60 billion from investors between 2013 and 2019. Only 11.7 percent of this sum went to climate technology startups in Europe, around half went to companies in North America. This is shown by the Statista graphic based on a report from PricewaterhouseCoopers (“ The State of Climate Tech 2020 ”). The report also shows that Climate Tech is still in its early stages when it comes to the overall venture capital market, but the market is growing quickly. Investments increased from $418 million in 2013 to $16.3 billion in 2019. According to the report, this is about three times the growth rate of VC investments in artificial intelligence over the same period.
Startups whose business model focuses on decarbonizing the economy have raised a total of USD 60 billion from investors in the period from 2013 to 2019. Only 11.7 percent of this sum went to climate technology start-ups in Europe, while around half went to companies in North America. This is shown in the graph based on a report by PricewaterhouseCoopers (“ The State of Climate Tech 2020 ”). The report also shows that Climate Tech is still in its infancy in terms of the entire venture capital market, but the market is growing rapidly. Investments increased from $418 million in 2013 to $16.3 billion in 2019, which is roughly three times the growth rate of VC investments in artificial intelligence over the same period, according to the report.
You can find more infographics at Statista
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