The State of Climate Tech Q2’23 is out – download the report here!

Monthly Report | May ’23 closes with $5B in climate tech funding across 251 deals

May ends on a positive note, with a 15% MoM increase in total climate tech funding over the last month, raising $5B across 251 deals.  The overall funding levels still remain stagnant as experienced during the last quarter (Q1’23 report), but the positive growth in May is a good signal.


May’s climate tech funding deals round-up.


As almost always, the energy sector accumulated the most investment, raising a total of $3.4B during May 2023. The month recorded 12 deals of more than $100M, making the $100M+ deal size category account for a whooping $2.9B in funding. The United States leads investment in climate tech startups raising a total of $2.5B, followed by India and France. Europe in total, raised $1.2B in funding with transport being the most funded sector.

Check out the complete report for interesting insights from the deals that happened in Fusion Energy, Electric Vertical Take-Off and Landing (eVTOL) aircraft sector, the Water sector and more.

Using the data from the Net0 Platform, our analysts have curated a 13-slide deck with infographics and charts to provide a deeper insight into May’s investment landscape.

Download May’s Climate Tech Round-Up Report to get:

  • MoM funding information
  • Funding by deal size
  • Top 10 funding rounds
  • Update on funding activity in “Fusion Energy”
  • Funding activity across Europe and the United States
  • Funding by country
  • Funding by climate change challenge area
  • Insights from interesting deals throughout the month. 



The Net0 Platform gives you access to Climate Technology VC

By covering exclusively startups and scale-ups developing solutions contributing to the climate crisis, the Net0 Platform is the most comprehensive database for climate tech.

Our platform covers over 50K organisations, 30k funding rounds, 180k business contact details, patents applications, impact metrics and much more, making it the perfect tool to keep track of the latest financial and technological trends in the space.

Sign up for a 30-min demo and get full access to the Net0 Platform, the largest market intelligence platform within climate technology.

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