Climate Focussed Innovation continues to garner investor attention as a total of $230 Mn is raised across 30 deals, in the period of December 2022 to March 2023.
While the total investment value has seen a decline from the previous time period because of a decline in high ticket deals, the overall deal volume has seen an increase of 7%. Sustainable mobility continues to lead the total investment volume as well as deal value. However, it is noteworthy that this sector is now seeing increasing focus on building infrastructure for electric vehicles (EVs) with EV charging infrastructure and components taking the lead. This is in comparison to previous time periods, where (2W and 3W) electric vehicle manufacturers dominated the investment volumes.
Growth capital has been seen in the climate-smart agriculture and energy sectors. This includes high ticket investments in an agricultural cold storage provider (Ecozen at $35 Mn) as well as increasing focus on sustainable energy storage solutions (Log9 Materials at $51 Mn). Early stage investments continue to be seen across sectors, in enterprises demonstrating innovation.
Stage Wise Analysis
Sector wise analysis
*Amounts mentioned are in USD Mn
