? $32bn and 30% drop as market hits pause in 2023
Climate Tech VC
JANUARY 5, 2024
🚗 Vertical: Transportation and Energy investment declined, but remained on top. Food & Land Use fell dramatically, down -55%, and was replaced by Industry in the big three. Redwood Materials raised $1bn to build its US battery materials and recycling facility. Removing Industry, the average was 34% down.
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