Tuesday, February 13, 2024

3:00 PM 4:00 PM CET

The Climate Tech Outlook for 2024

Climate tech investments reached $32 billion, marking a 30% decrease from the previous year, yet still outperforming the broader venture market, which saw a 39% decline. Despite the downturn, climate tech demonstrated resilience, bringing the sector's total funding since 2020 to $142 billion, with a notable 29% increase in investments during 2023.

In other words, climate tech is still attracting strong investments, but the speed of its investment growth is slowing down. So as we look ahead to 2024:

Will 2024 see a resurgence in climate tech investing, or will its slowed growth continue?

To answer this question, we’ve brought together leading climate investing experts from North America and Europe.

Murray McCaig (Co-Founder and Managing Partner at ArcTern Ventures)
Murray is an experienced entrepreneur, founding and building two successful venture capital-backed startups from idea to exit: Spotnik Mobile, a wireless technology startup, and EnviroTower, an advanced water treatment company. Prior to ArcTern, Murray was the managing director of the family office, RSL Investments, and a principal with the McKenna Group, a Silicon Valley-based management consulting group. Murray is also a former Olympian who competed for Canada in the 1992 Barcelona games.

Iris ten Have (Head of Science at Extantia)
Iris is a trained chemist (PhD) turned into a climate tech venture capital investor. During her research years at the University of Utrecht and Stanford, she primarily worked on the fundamentals of converting CO2 into sustainable fuels. As Head of Science at Extantia, she combines science with investing to make gigaton-scale impact.

Thanks to Carbon Equity for the listing and graphics for this virtual startup event.