1、State of Climate TechGlobal|2024 recapGlobal data and analysis on dealmaking,funding,and exits by private market climate tech companiesState of Climate Tech2 2Make smartertech decisions.Our platform will help you discover,understand,and manage your response to emerging tech.Make confident tech decis
2、ions that drive growth,improve operations,and beat the competition with CB Insights.IIIITry our platform free!Sign up for a free trialState of Climate Tech3 3“Steal”our data.Download the underlying data in this report.If you create any analysis or visualizations with this data,send it our way and yo
3、u could be featured in the CBI newsletter.us on social LinkedIn X(Twitter)InstagramIIIIDownload the raw dataTL;DR4Your rundown onclimate tech in 20247Out of 10 high-potential climate tech markets are focused on grid,nuclear.Within climate tech,markets targeting the grid and power generation show the
4、 strongest growth potential,according to CB Insights Mosaic startup health scores.This momentum is driven in part by the massive energy demands(and expected continued demand)of AI data centers.See the data 61%YoY drop in deals to electric vehicle tech startups.After years of steady growth,electric v
5、ehicle(EV)tech deal activity plunged 61%YoY in 2024 its steepest decline on record.This points to broader challenges in the sector,like lower consumer demand for EVs and increased capital costs for scaling manufacturing operations.See the data 284Climate tech M&A exits in 2024.The lowest count since
6、 2020.In 2024,climate tech M&A exits fell by 25%YoY to hit 284 the lowest count since 2020.As skepticism toward ESG initiatives grows,some companies appear to be placing lower priority on climate tech acquisitions that were previously considered strategic imperatives.See the data-40%Drop in global c