Read Time:43 Second

Climate tech wrapped a strong Q3, landing three of the top four equity deals, including the whopping $1 billion Series A raised by fleet charging startup TeraWatt.

While the broader market might be cooling, climate tech continues to be a hot ticket, with investment figures for top deals in Q3 outpacing the two previous quarters this year. In total, five climate tech startups made CB Insights’ top 10 equity deals list in Q3, pulling in a combined $3.7 billion. That far exceeds last quarter’s $2.5 billion across eight top startups and Q1’s $1.4 billion across five top startups.

Top climate tech investments continued to diversify, too, showing just how deeply it’s becoming embedded into the economy.

Top climate tech deals net nearly $4B in Q3, outpacing other industries by Tim De Chant originally published on TechCrunch

About Post Author

Audrey Bell-Kearney

Audrey Bell-Kearney is the publisher and host of the Good Morning Gwinnett podcast. She is also president of the Gwinnett Women's Chamber of Commerce. She is dedicated to empowering the Gwinnett community through content that educates and entertains, all while helping women-owned and small businesses grow.<a href="https://GwinnettWomensChamber.com">Gwinnett Women's Chamber of Commerce</a>
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Celonis Previous post With a $13B valuation, Celonis defies current startup economics
Next post Healthy Recipe: Easy Home Roasted Veggie Paella