Why We Care About Climate Technology

We can tell you about how Venture capital (VC) investments in climate tech have been increasing in recent years, as more investors recognize the urgent need to address climate change and the potential for profitable returns in the space. According to a report by PwC and CB Insights, VC investments in climate tech reached a record high of $16.1 billion in 2019, and although COVID-19 slowed down the pace of investment in 2020, it remained strong, with $12.2 billion invested. But why do we care about climate technology? Because we care about our planet and want to do something about negative climate change!

The opportunities for growth in climate tech are vast, as there is a need for solutions across a wide range of sectors, including energy, transportation, agriculture, and more. Some specific areas that have seen significant investment and growth, and where Yellow Bear Capital is focusing, include:

1. Renewable energy: There is a growing demand for renewable energy solutions, such as solar, wind, and hydropower, as countries look to reduce their dependence on fossil fuels. Startups that are developing new technologies to improve the efficiency and scalability of renewable energy sources have attracted significant investment.

2. Energy storage: One of the biggest challenges facing renewable energy is the storage of excess energy. Startups that are developing new energy storage technologies, such as batteries, have attracted significant investment, as they offer a way to store renewable energy and use it when needed.

3. Electric vehicles (EVs): The transportation sector is a major contributor to greenhouse gas emissions, and EVs offer a way to reduce emissions and improve air quality. Startups that are developing EVs, charging infrastructure, and related technologies have attracted significant investment, as the demand for EVs continues to grow.

4. Agriculture: Agriculture is another sector that contributes significantly to greenhouse gas emissions. Startups that are developing technologies to reduce emissions from agriculture, such as precision agriculture and sustainable farming practices, have attracted significant investment.

5. Carbon capture and utilization: Carbon capture and utilization technologies offer a way to capture carbon dioxide emissions and use them in other applications. Startups that are developing new carbon capture and utilization technologies have attracted significant investment, as they offer a way to reduce greenhouse gas emissions and create new products.

Overall, there are many opportunities for growth in climate tech, and VC investments are playing a critical role in funding the development of new technologies and solutions. As the urgency of addressing climate change continues to grow, we can expect to see continued investment and growth in this space. Be part of the the solution with Yellow Bear Capital!

(A view from the Inn at Castle Hill looking towards Pine Island and the Castle Neck River. Photo by Teddy Joyce) (copyright 2023 all rights reserved).