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Europe has twice as many climate tech startups as the US

Summary by TNW

Europe is home to twice as many climate tech startups as the US (30,000 vs. 14,300). However, limited access to VC funding is forcing these early-stage companies to seek capital from outside the continent, according to a new report released at the Munich Security Conference today. Venture financing in Europe averaged just 0.2% of GDP between 2013 and 2023, a fraction of the US average of 0.7%. While the continent is great at creating clean tech …

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Europe has twice as many climate tech startups as the US

Europe is home to twice as many climate tech startups as the US (30,000 vs. 14,300). However, limited access to VC funding is forcing these early-stage companies to seek capital from outside the continent, according to a new report released at the Munich Security Conference today. Venture financing in Europe averaged just 0.2% of GDP between 2013 and 2023, a fraction of the US average of 0.7%. While the continent is great at creating clean tech …

9 days ago·Amsterdam, Netherlands

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TNW broke the news in Amsterdam, Netherlands 9 days ago on Friday, February 14, 2025.

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