Climate Tech VC reported on the explosion of activity in ClimateTech investing. Key interesting takeaways:

• In 1H 2021, climate tech startups raised $16b across 250 venture deals
• Compared to just a year before, there were 50% more climate deals
• Traditional CleanTech sectors (solar, wind, lithium-ion batteries, some industrial service models) have “matured” and are much less in focus of VCs
• Food & Water and Mobility attract the greatest diversity of investment firms; over half of climate tech investors are active in these two sectors
• Series A deals were double the average size of same stage deals from a year before; meanwhile, Growth deals have tripled in size