Climatech
Cleantech has been big and growing for a decade. Now there is a sub-category that is taking off: climatech. There were over 350 funding deals for climate-tech startups in 2020, with climate tech investments growing at five times the venture capital market over the past seven years. Examples include $600 million in early-stage funding for Swedish battery company Northvolt, $110 million for carbon-capture startup Climeworks, and $140 million for indoor farming entrepreneurs Plenty. And there is more to come, with Amazon pledging $2 billion and Microsoft $1 billion for climate tech.
— Wayne Visser
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From Purpose Inspired: Reflections on Conscious Living, Volume 5. Buy on Lulu ↗