US climate tech investment ‘healthy’ despite headwinds
But founders of climate tech startups are concerned about Trump-era policymaking.
With US$20 billion of venture capital invested in climate tech in the US last year, the sector is considered to be on a “healthy” growth path despite less than supportive policy from the Trump administration.
This is according to Silicon Valley Bank’s latest Future of Climate Tech report, which also found that climate tech funds are outperforming overall venture capital (VC), reaching a 9% higher internal rate of return (IRR) in the 2020-2024 fund vintage.