The market experiences a pause in 2023, resulting in a $32 billion and 30% decline.
CREtech
Thanks for keeping up with the CREtech Community in the News! For more news, follow us on Linkedin. In 2023, climate tech investment trends shifted from innovation-focused funding to larger-scale, ‘boring’ deployments. The annual report highlights a decline in funding to $32 billion, a 30% drop from 2022. Venture and growth investments, crucial indicators, experienced a decrease in deal activity, with growth investment falling by 41%. The challenging macro environment, marked by higher interest…