The Future Of Climate Tech
- The share of deals over $100 million in climate technologies has grown from 2% in 2017 to 8% in 2021.
- Driven by significant investment in nuclear fusion, energy and power saw the most significant spike in investment last year jumping from $4 billion in 2020 to $11 billion in 2021.
- There was more than a 3X increase in the number of unicorns in the climate technologies space between 2019 and 2021, leading to 104 exits in 2021 at an all-time high value of $114 billion; with 38 exits just in the energy and power sector.
- Given the growing interest of oil & gas companies to offset their fossil fuel emissions and commitment to net-zero technologies, $1.2 billion was invested in 2021 by US venture capitalists in CCUS, a 2.8X increase over 2020
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