$19.5B of Climate Tech VC Funding for Q3 2023, now $40B YTD. Upgrading our 2023 FY forecast to $46.7B.

Q3 2023, Climate Tech Venture Capital

Climate Tech Intelligence Unit

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October 5, 2023

Q3 delivered just shy of $20B of Climate Tech Venture Capital, as much as Q1 and Q2 combined. We expect Q4 to be strong and continue the momentum, with a reasonable probability we'll push beyond $50B of Climate Tech VC for 2023. With a strong baseline and the upward march from 2016, we may even see 2024 trump the prior highs.

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