The challenges of scaling climate tech
1 min readImage caption: Apeel, a startup that’s recently drawn venture investment, makes an edible coating to extend produce’s shelf life. Image courtesy of Apeel. Article by Bryson Wiese. GreenBiz – May 11, 2022.
In 2021, climate tech startups raised an unprecedented $39.2 billion from 1,400 investment firms. The earliest-stage rounds — Seed and Series A investments — accounted for 60 percent of the deals, indicating a wave of new decarbonization-focused startups. However, as the theme attracts intense interest, investors are also recognizing the unique challenges of scaling climate tech. […]