2023 East Asia Climate Tech 100

HolonIQ’s annual list of the 100 most promising Climate Tech startups across East Asia

Climate Tech Intelligence Unit

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November 8, 2023

The East Asia Climate Tech 100 is HolonIQ’s annual list of the most promising startups working in new energy, the environment and sustainability.

The East Asia Climate Tech 100 is focused on identifying young, fast growing and innovative climate tech start-ups across East Asia. Powered by data and insights from our Impact Intelligence Platform together with qualitative assessments by HolonIQ’s Intelligence Unit, and local market experts in each region, organizations are evaluated and scored based on our eligibility and assessment criteria.

Exhibit 1

Download the Market Map. Companies are categorized by their main area of focus following the globalclimatelandscape.org

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HolonIQ’s 2023 East Asia Climate Tech 100 is aligned to the Global Climate Landscape, an Open-Source Taxonomy that maps the global climate tech economy.

Exhibit 2

Chinese startups led the region, securing 83.8% of the total VC funding in the region's Climate Tech landscape, where EVs were the leading cluster that contributed to China’s significant position in the Global Climate Tech landscape, followed by Solar Energy. Storage & Distribution is a key subsector in the region, specifically fueled by Battery Energy Storage, highlighting China and South Korea’s dominant position as the largest global battery suppliers. Startups primarily originated from the Storage & Distribution, Food Systems, and Resources subsectors while opportunities persist in subsectors with untapped potential, awaiting exploration by startups.

Food System & Energy Storage and Distribution are the largest movers for the 2023 East Asia Climate Tech 100, making up over 50% of the cohort.

Exhibit 3

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Exhibit 4

Exhibit 5

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Global Insights from HolonIQ’s Intelligence Unit. Powered by our Global Impact Intelligence Platform.

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