VC funding gap puts Europe’s climate targets at risk, report warns
The numbers are telling. 40% off TNW Conference! This is accompanied by an annual 100bn investment from national R&D budgets. This is where VCs can have a catalytic impact, according to World Fund. Thats because theyre able to support the fast technological and commercial de-risking of innovative climate tech solutions. Yet, climate tech only represented 13% of the totalVCfunding in 2022. Namely, Series B funding accounts for a $13bn gap per year....