EMERGING TECH RESEARCH Climate Tech VC Trends VC activity across the climate tech ecosystem Q4 2025 REPORT PREVIEW The full report is available through the PitchBook Platform. Institutional Research Group John MacDonagh Senior Research Analyst, Climate Tech john.macdonagh@pitchbook.com pbinstitutionalresearch@pitchbook.com Contents | Climate tech landscape | 3 | | --- | --- | | Quarterly analysis | 4 | | Key takeaways | 4 | | VC activity | 4 | | AI themes | 7 | | Conclusions | 8 | | Climate tech VC deal sum ...