Startup Trends

Cleantech and Climate-tech are the hot buzz-words in the startup world. Cleantech 1.0 was a slow phase, understandably; though some companies like QUANTUM SCAPE, a battery manufacturer and LANZA TECH, a carbon-recycling firm have emerged as unicorns. However, Cleantech 2.0 looks more vibrant. VCs seem bullish, expecting it to be the next big wave, after the Internet business.

Let's look at some Unicorns inspiring the world of cleantech 2.0 now. NORTHVOLT, who makes Batteries from Recycled batteries PROMETHEUSFUELS, who Converts CO2 to Gasoline & Jet Fuels; NEXII, Innovative in Green building technology & Manufacturing processes; FULCRUM BIOENERGY , who converts garbage into net-zero Jet Fuel; MONOLITH CORP, who Makes clean Hydrogen using methane pyrolysis. Globally, there are about 160 climate-tech unicorns, companies valued at over $1bn and are increasing.

In 2021, climate-tech companies raised $103.7bn globally, which is more than that raised by enterprise software , which usually has been leading the pack. Blackrock CEO Larry Fink once said, "the next 1,000 unicorns will be based on climate technology". Globally, the number of emerging technology companies tackling the climate crisis has increased 4X, by over 35,000 firms since 2010 to reach 44,595 in 2022. That leads to a question, how big is the cleantech market potential? In IEA’s net-zero scenario, the size of the global market for cleantech will surpass the value of the oil market by 2030, rising from $122 billion to $870 billion. In Power Generation, Of an estimated market of around $2 trillion by 2030, green share market size is estimated to be around $500 billion @ 27% market share. In Aviation fuels, of an estimated market of around $0.8 trillion by 2030, green share market size is estimated to be around $400 billion @ 50% market share.

In Transportation fuels, of an estimated market of around $0.7 trillion by 2030, green share market size is estimated to be around $200 billion @ 30% market share. Cannot afford to miss the bus, Right? There is a popular saying; If you want to go fast, Go Alone. If you want to go far, Go Together.

Come,Join the Tribe. Let's Fight Carbon Emissions, Together. A Tribe Of Professionals, Cleantechs & Investors