? $32bn and 30% drop as market hits pause in 2023
Climate Tech VC
JANUARY 5, 2024
The market is still warm, but cooling. Jury is out on whether investment will keep cooling or heat back up. Climate tech investment continues to grow, but slower Total funding from 2020 to 2023 is $142bn. 2023 saw a 29% increase in the cumulative total. CAGR since 2020 is 23%, but has slowed since the end of 2022 which was 32%.
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