Six ? climate tech trends to watch for in 2023
https://techcrunch.com/2022/12/27/six-hot-climate-tech-trends-to-watch-for-in-2023/
With 2022 in retreat, investors have made no secret that they’re looking for safe investments. In a challenging market with higher interest rates, that’s no surprise, but what might raise eyebrows is where investors think those quality investments lie. Increasingly, it’s in climate tech.
The sector had a crazy 2021, and while 2022 may not soar past those heights, it’s not had a bad year at all. To date, venture capitalists have invested $24.9 billion in climate tech startups, compared to the $31.9 billion invested in 2021, according to PitchBook data. While many observers think 2021 was an outlier, it’s possible that this year’s dip might be more unusual given the sector’s potential. Five years from now, PitchBook expects climate tech to be a $1.4 trillion market.