Key Takeaways:

In the last five years, the number of equity deals towards Climate Tech start-ups in India rose 4x with over $600M deployed across 80 deals in 2021.

Funds raised for Climate Tech by VCs in the US in 2021 alone was more than 3x of even the pre-COVID funds raised in 2019.

Of the $44B raised in the US in the last two years, more than 50% has been raised by climate-first and climate-specific funds.

With an increasing number investments towards Climate Tech in India, driven largely by corporate and generalist VCs so far – the sector is ripe for dedicated climate funds.

Maximum deal activity in India is concentrated at the early stages, with several new VC Funds being raised specifically for Seed and Pre-Series A deals.

Of the $27B deployed towards climate-tech investments in private markets globally in the first half of 2022, close to $2B went to Indian firms.

Indian Climate Tech ventures are seeing exits at all stages with the sector maturing and because of tail-winds from a shift in global LP mandates towards climate.

Download the full report here: Climate Tech Report 2022