(Crunchbase News) Now, the sums going into climate software aren’t huge as a portion of venture capital investment overall. Rounds for the 27 companies on our list, for instance, account for less than a quarter of a percent of total venture funding.
What stands out, however, is how quickly this smallish space has been scaling of late. The companies on our list above have collectively pulled in over $640 million in the past year—more than half of their funding to date. Of that sum, over 50 percent came in 2022 alone, indicating there’s a lot of money chasing a limited pool of fundable candidates.
Read more here.
Posted in Uncategorized