Innovation to tackle the climate crisis is an increasingly fertile field, both in terms of its potential social impact and economic benefits. While overall climate technology (and all venture) funding declined significantly in the first half of this year, venture capital firms are making smaller investments in early-stage climate companies. The Inflation Control Act would add nearly $400 billion to him to further that goal.
For 11 years, early-stage founders with seed or Series A funding have applied to pitch at VERGE, our annual climate technology event. Among the themes that will stand out in 2023, most activity will still be around energy and carbon, but there will be a diversity of ideas in food startups (seaweed, insects) and building projects (biosolar roofs, materials that sequester carbon). Increased has.
This year, from among the 120 companies that applied, we identified the seven most promising startups in five categories: energy, carbon, transport, food, and architecture. Climate Tech 35 was selected based on strength in six criteria: solution, business model, customer need, customer traction, team and pitch presentation. All companies are incorporated, have a product in place, and employ at least one person full-time.
Watch the founders’ video pitches below (scroll to see all 35). Community voting for People’s Choice winners is now closed and winners will be announced in mid-September 2023. People’s Choice winners may be featured on GreenBiz.com and have the opportunity to pitch live at VERGE in San Jose, California in October alongside 25 finalists selected by GreenBiz. The top prize he has is $20,000. Two runners-up will each receive $10,000. — green biz staff
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