This article is sponsored by Pall Corporation.
Climate tech is a hot topic among venture capitalists, with investment deals reaching $19 billion in the first half of 2022, according to database Climate Tech VC. Although funding decreased compared to the first half of 2021, due to a downturn in late-stage deals, the number of deals overall increased with a greater backing of early-stage companies.
The market is also diversifying, with more investment in technologies to tackle environmental issues across different industries including manufacturing and the built environment, adding to climate tech funding in the more established sectors of transport, energy and food and land use.
Yet if we are to limit global warming to 1.5 degrees Celsius as scientists advocate, does more need to be done on the financial front? Analysts at high-tech bank Silicon Valley Bank have calculated that…
