? The SPAC struggle bus #162
Climate Tech VC
AUGUST 14, 2023
Carbon accounting software attracts $50M and cultivated meat collects $35M. Surprise, surprise—virtually none came close to hitting the target last year and all were deep in negative EBITDA (Earnings before interest, taxes, depreciation and amortization) territory. In deals with week, ocean-based CDR sequesters $54M.
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