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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. 🔋 Renewables + storage turned out to be price competitive against fossil fuels after Lazard’s Levelized Cost of Electricity analysis included intermittency costs for the first time. Got other major headlines we missed?

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? Macro market freeze chills climate tech: Venture funding down 40% in H1 2023

Climate Tech VC

🚗 Vertical: Funding to Transport, Energy, and Food—the “Big Three” verticals—each dropped by ~50% compared to the prior year. Variations by vertical The overall funding drop owes largely to the “Big Three”: Transportation, Energy, and Food & Land Use. TPG Rise Climate.