I am a solutions-focused journalist, deeply interested in innovation, entrepreneurship, the environment, and how it all fits together. I run a networking platform to help climatetech founders and investors share their stories, connect and grow. The Green Techpreneur offers ideas, advice and connections for climatetech entrepreneurs.
In the first half of 2024 climate tech investment reached $11.3 billion, dropping by 20% compared to the same period in 2023,. Venture capital investment in climate tech has been declining after peaking in 2021; this reflects broader market trends where investors have become more cautious in an increasingly unpredictable world.
For instance, Visionaries Tomorrow, a German climate tech fund, was recently formed to address the challenging industrial decarbonization sector. It was launched alongside Visionaries Club - a club focused on bridging the gap between industrial incumbents and the startup ecosystem. The €500 million fund’s vision is to tackle tough-to-disrupt industrial decarbonization.
The fund makes just six to seven investments per year, enabling high levels of support for the startups via Visionaries Club industry connections. Investors with scientific technical backgrounds are in demand in the climate tech investment scene; traditional non-climate-focused investment firms have sometimes lacked investors with the expertise to evaluate and understand the potential of the plethora of emerging green innovation.
Visionaries Tomorrow Founding Partner Sebastian Pollok Have Startup Climate Tech Investment Industrial Decarbonization Climate Action Innovation
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