October closes with a positive view as we see that the backward trend in climate tech investments experienced during the last quarter (Q3 report) is rapidly reversing.
There was a 100% increase in the total amount of funding compared to the previous month (September’s report). Funding in Europe and North America reached $10.2B across 159 deals in climate tech startups.
October’s climate tech funding rounds wrapped out
Energy accumulated most of the funding, earning 45% (approximately $6B), followed by industry with about 27% and circular economy with 11%.
Zooming in the regions, Europe stands out as Sweden received the biggest amount of capital, raising a whopping $4.7B (more than 10,000% from last month, a skyrocketing increase!). Most of the capital comes from the investment in H2 Green Steel, a company that developed an innovative way to reduce emissions in steel making by using hydrogen, acquiring $4.5B in three debt and one equity round.
Using data from the Net0 Platform, our analysts curated a 14-slide deck including infographics and charts that sum up October’s 2022 investment landscape.
Download October’s round-ups report to get:
- Executive summary
- Funding by deal size
- Top 10 funding rounds
- Funding by financing type
- Acquisitions
- Funding by country
- Funding by climate change challenge area
- Funding by sector
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