Are Climate Tech Startups The New Big Thing On The Block?

Climate tech startups are making a return but will this time be any different? Many of you might not know but climate tech startups aren’t altogether a new phenomenon. The same thing with a different name made waves back in 2006-2011, it was known as “cleantech” then. It successfully collected heaps of money in investments but the majority of the startups ended up failing and didn’t even return the money.

During that time, venture capitalists plowed over $25 billion into cleantech startups and lost half the money. This calls for serious introspection into this times’ boom and how will it be different from the last time?

Climate Tech is primarily focused on employing technology to mitigate climate change effects. For example, projects like clean energy and other climate-related technologies are the highlight. Read More Here