TLDR:
– The carbon and emissions technology sector received $17.7 billion in VC investments in 2024
– The sector showed resilience despite market challenges, with stable valuations and continued investor interest
In 2024, the carbon and emissions technology sector has demonstrated remarkable resilience and growth, securing a significant $17.7 billion in venture capital (VC) investments. This comprehensive industry overview, created by PitchBook’s Institutional Research Group, reveals the latest trends, technological advancements, and market dynamics shaping the landscape of carbon and emissions tech. The report categorizes the sector into several key technology areas, including Direct Air Capture, Point Source Carbon Capture, Biological Carbon Capture, and Carbon Utilization. Despite challenges, the sector remains resilient with stable valuations and continued investor interest. The report also highlights factors driving investment in CCUS technologies, such as tax incentives and government funding. Top VC investors in the sector include Climate Capital, Lowercarbon Capital, and SOSV. Overall, the industry is poised to play a crucial role in global efforts to combat climate change.
