Climate Tech Fundraising Remains Steady; Silicon Valley Bank Releases Annual Climate Tech Report

As a sign of stabilization in US venture capital, findings show long-term tailwinds behind climate tech  SAN FRANCISCO , May 14, 2024 /PRNewswire/ -- With 88% of global carbon emissions now covered by a net-zero goal, climate tech has outperformed and investors remain committed to the sector, according to a new report from Silicon Valley Bank (SVB), a division of First Citizens Bank. While overall venture capital (VC) fundraising and deal activity in 2023 saw a 24% decline from 2021, climate tech is only 14 ...