Caitlin Panasci’s Post

#Climate tech #startups are having a strong year supported by regulatory tailwinds, high energy prices and #investment. But exits remain elusive. #VC-backed climate tech deal value jumped from $2.1 billion to $8 billion quarter-over-quarter in Q1, according to #PitchBook data, demonstrating growth in the vertical even putting aside H2 Green Steel‘s blockbuster $5.2 billion round. However, because of the capital-intensive hardware needs for many companies, the path to commercial scale is longer than that of asset-lite sectors. Correspondingly, exit activity in climate tech has been muted, with total exit value falling more than 50% from 2022 to 2023 to $9.3 billion. But there are bright spots: stand-out startups like EQT Ventures-backed Northvolt and Andreessen Horowitz-backed KoBold Metals have risen rapidly and could gear themselves up for an IPO in the near future. Not all the buzzy climate tech startups of today will go the distance. “We’re going to have a few outlier winners,” said Katie Rae, managing partner at MIT-backed deep tech fund Engine Ventures, which has backed long-duration energy battery storage developer Form Energy. Here are 10 venture-backed climate tech companies with a high likelihood of going public. The list was created using PitchBook’s VC Exit Predictor, which calculates exit probability using a machine learning model that is fed historic and real-time data on private company exits.

Pitchbook's IPO Climate Tech Startups for 2024 For those of us interested in businesses that help support a healthy planet, check out Pitchbook's IPO Climate Tech Startups. These are the challenges and opportunities offered by companies on track to go public in 2024. https://lnkd.in/eUeghp2r

Climate tech startups are having a strong year supported by regulatory tailwinds, high energy prices and investment. But exits remain elusive. VC-backed climate tech deal value jumped from $2.1 billion to $8 billion quarter-over-quarter in Q1, according to PitchBook data, demonstrating growth in the vertical even putting aside H2 Green Steel‘s blockbuster $5.2 billion round. However, because of the capital-intensive hardware needs for many companies, the path to commercial scale is longer than that of asset-lite sectors. Correspondingly, exit activity in climate tech has been muted, with total exit value falling more than 50% from 2022 to 2023 to $9.3 billion. https://lnkd.in/gWtGwadn #ipo #watchlist #climate #techstartups #vcbacked #vcfunding #exits #2024

Silence wants to shake things up when it comes to climate tech investment. This new angel-style VC firm has already raised $35 million and plans to make dozens of small investments in climate startups to help them apply the tech startup playbook. https://lnkd.in/g8wtkYRy #climate #climatetech #technology #investing

Silence wants to shake things up when it comes to climate tech investment. This new angel-style VC firm has already raised $35 million and plans to make dozens of small investments in climate startups to help them apply the tech startup playbook. https://lnkd.in/eXq5jumN #climate #climatetech #technology #investing

🌱 Join the conversation on the future of climate tech and venture capitalism! Our latest blog delves deep into the symbiotic relationship between VCs and climate-tech startups. Discover the opportunities, challenges, and necessary shifts for a sustainable future. 🌍💡 Check it out now - https://bit.ly/3ICjLcJ #ClimateTech #VentureCapital #Sustainability

You've heard that early stage VC funding for climate tech is going strong - but what are investors really looking for? We're excited to kick off the new year with a vision into where climate tech VC funding is headed from: Shaneez Mohinani from Clocktower Technology Ventures Kiel "Atlas" Berry from Mission One Capital Leonardo Banchik from Voyager Ventures Diving into the following topics: - Climate tech market dynamics and what role AI is playing - Impact of the Inflation Reduction Act on VC funding - High impact and underserved climate sectors - Lessons learned from recent climate tech investments 📆 Date: Thursday, January 11 🕒 Time: 1pm PST 📍 Platform: Zoom Link to sign up: https://lnkd.in/g6Vit_xR If you're a climate tech startup founder or exec looking to raise in 2024, then you don't want to miss this! #climatetech #sustainability #startups #venturecapital #inflationreductionact #innovation Growth Inflection

Amidst the thousands of promising climate tech startups, which ones are genuinely positioned to make a significant impact?" To answer this, I contacted a number of well-known investors and VCs, asking them to pick one or two European climate tech startups they are particularly excited about and explain their choices. The result? A list that offers a peek into the future, where wise money is invested in impact and sustainability. This list features startups specializing in everything from energy transition and the circular economy to sustainable food production, climate fintech, and the blue economy. 🌱 A special thank you to the investment community leaders who contributed their insights: Irena Spazzapan (Systemiq Capital), Romain Diaz (Satgana), Pauline Wink (4impact capital), Melina Sánchez Montañés (AENU), Yair Reem and Fernanda Bartels (Extantia), Max ter Horst and Veronica Fresneau (Rockstart), Samia Qader (Climate VC), Carlos Fisch and Pablo Pedrejon (Seaya), Alexandre Barbosa and Carlos Esteban (Faber), Christian Jølck (2150), Henry Hamilton (Mercia Ventures), Daniel Skavén Ruben (Solvable Syndicate), Maximilian A. Schwarz (Nucleus Capital) + Antonio López Escárzaga for the editing support! #greentech #impactinvesting #vcinsights #climatetech

Making a transition from SAAS to Climate tech ain’t an easy one. There were no VCs in climate tech - this category did not exist a few years ago. Things like -Business models. -Funding terms. Has been already figured out for tech companies over the years. Thus a test and tried road. Making investments less risky. While climate tech is new and unfigured. -Innovation-driven. -Asset heavy. -Complex funding structures. (Debt + equity + grants) Everyone seems to be trying hard to figure this one out. Though it would play a crucial role in defining our lives and future ahead. For founders working in climate tech and dealing with hardware, going 100% VC capital might not be the best option please talk to other founder in the space before reaching out to VCs. #Startup #enterpreneurship #pitchdeck #funding #climatechange #climatetech

Such an essential and valuable Manual for scaling Climate Tech by Contrarian Ventures and EQT Ventures in collaboration of more than 60 companies in the climate space 🚀. I see many new early stage startups that are founded in the climate space but the gap that was identified by The Climate Brick initiative is real and creating an amazing valley of death ☠️ especially for the hardware startups. The Manual is intended to bridge that gap with 7 frameworks and scaling journeys. I personally don’t think there is a magic formula for building climate startups, but this accelerated sharing learnings and insights from the journeys ans help founders avoid mistakes that others did in the past ans for policy and investors to adapt their services to help those ventures . The manual includes 7 bricks 🧱 that represent 7 climate venture journeys : 1️⃣ Gigascaling, Building Large scale plants - Northvolt , Verkor 2️⃣ Deploying green assets - zolar , Energy Vault , Aira 3️⃣ Providing Green assets as a service - Einride , Spark. 4️⃣ Creating or assembling green products - Volocopter , Innovafeed , Ÿnsect 5️⃣ Developing disrupting green technologies - Climeworks , Aphea.Bio , Formo 6️⃣ Establishing highly novel, game-changing science - IQM Quantum Computers , Pasqal 7️⃣ Enabling hardware through software - tado° , Tibber , TWAICE , Monta. #climatetech #scaleup #sustainability #venturecapital #startups #learning #knowledgesharing #investments #innovation #technology #founders #climatepolicy Tomas Kemtys Deimante Chailenko Thomas Potgieter Rokas Peciulaitis Kaushik Subramanian Lars Jörnow