Europe has twice as many climate tech startups as the US but there s a catch
Get the Full StoryEurope is home to twice as many climate tech startups as the US 30,000 vs. 14,300 . However, limited access to VC funding is forcing these early-stage companies to seek capital from outside the continent, according to a new report released at the Munich Security Conference today. Venture financing in Europe averaged just 0.2 of GDP between 2013 and 2023, a fraction of the US average of 0.7 . While the continent is great at creating clean tech companies, it s not so good at funding them. The authors of The Importance of Climate Tech for European Resilience report the World Fund, This story continues at The Next WebShare: