The State of Climate Tech Q3’23 is out – download the report here!

Report | October closes with $10.2B invested in climate tech, 159 deals and 16 exits

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

The Net0 Platform gives you access to Climate Technology Ecosystem

Over the past few years, the company has been established to become one of the first market intelligence platforms with exclusive focus on green innovation.

The urgent need for market leaders to bet on climate technologies to meet sustainability goals confirms the value our platform adds to this industry. As our team continues growing, so is our platform coverage, now indexing +40K climate startups from Europe and North America and providing insight into the funding rounds, deals, patents and executive teams in the industry.

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

Subscribe to our bi-weekly newsletter

Exclusive insights into the climate tech landscape!