? $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. Redwood Materials raised $1bn to build its US battery materials and recycling facility. Redwood Materials received a $2bn loan from the US Department of Energy in Feb 2023. 2 spot behind Energy Storage, which rose from no.2 2 to to no.1.
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