7 Rising Climate-Tech Startups, According to VCs

• Insider asked venture capitalists to name rising startups in climate tech.
• VCs say there’s growing interest in the sector and they see plenty of investing opportunities.
• So far this year, climate-tech startups have gotten $19 billion in funding, according to PitchBook. 
• See more stories on Insider’s business page.

So far in 2021, climate-tech startups have already received $19 billion in venture-capital funding, an amount that well surpasses the $11.5 billion in investments the sector received last year, according to PitchBook data.  

Since 2017, climate-tech funding has risen nearly sevenfold from $2.8 billion to the current $19 billion, as of early October. It’s a sign that investing in the space isn’t slowing down. 

This boom is a stark contrast from the early 2000s. Back then, there were few climate-tech startup success stories, and investors lost billions, said Dan Ahn, managing partner at Clearvision Ventures. 

Now, VCs like Ahn and others say there’s growing interest in climate tech and they see investing opportunities in areas like carbon accounting and climate risk monitoring. 

Insider spoke with VCs that invest in climate tech to discuss what they think are the most notable startups in the industry.