INDUSTRY SPOTLIGHT

ClimateTech

Delve into the skyrocketing and socially crucial world of climatetech. Discover how to secure funding for your climate-changing technologies, outwit competitors, and make a splash internationally.

Igniting climate revolution today, enjoying a sustainable future tomorrow

Catalyzed by cutting-edge technologies and a rising global urge for an eco-friendly future, the climatetech is soaring to new heights. Sustainable energy solutions, carbon capture innovations, and environmental strategies propel the growth of this sector, ushering in a future marked by cleaner, more resilient ecosystems. With its tremendous social impact and investor interest, proved by the recent $28B funds infusions, climatetech sector allures both the top whales and the new fish. But…

Breaking through the waves is no small feat

In the beginning, regulatory obstacles will stand in your way. Sifting through the maze of legal protocols can be both time-consuming and costly. And here is where the next concern comes.

VCs aren’t running infinite money well. So, climatetech investors favor startups that promise swift returns over those merely flashing a bright idea. Thus…

You need more than a plan to stand out

Having provided over 600 startups and funds with end-to-end fundraising, scouting for climatetech M&A prospects, and creating effective market entry blueprints, at Waveup, we know how to convert your brilliant ideas into viable companies with a potential for climatetech funding. Dip your toes into the industry insights by checking our climatetech market research.

3x
The ClimateTech startup ecosystem has expanded by over 300% since 2017, showcasing a thriving landscape of innovative ventures focused on addressing environmental challenges.

 

7/10
A noteworthy 70% of individuals actively seek out products and services that adhere to sustainability principles, indicating a substantial increase in consumer environmental consciousness.

1 for 7

Renewable energy sources such as wind and solar have seen a surge, accounting for 7% of global energy consumption, with projections to reach 20% by 2030, significantly reducing carbon emissions.

85%

A remarkable 85% of Fortune 500 companies have integrated climate and sustainability targets into their core strategies, generating heightened demand for ClimateTech solutions.

2.5x

Adoption of renewable energy sources has doubled over the past decade, with solar and wind energy installations increasing by 2.5 times.

VENTURE LANDSCAPE

The ClimateTech venture capital market size in 2022 was $8.9B

Here are some of the emerging trends in climatetech:

Leading ClimateTech venture capital firms we worked with

Write to us to know more

WAVEUP VIEW

The challenges climatetech startups encounter

Searching for deep pockets

Tackling climate change requires significant upfront investments of money and time. Especially it’s true in areas like carbon capture and storage or advanced renewable technologies, and can scare off the climattech investors who’d rather go to industries that offer quicker turnarounds.

Crawling through regulatory sands

As global governments wrestle with optimal strategies to address climate change, regulations can shift at the speed of light. Such a changing environment poses obstacles for climatetech startups to ensure their solutions will be compliant in the future. Establishing strong communication channels with regulatory bodies and crafting flexible business models can provide quick adaptation to legal shifts.

The slippery slope of scaling

Some climatetech solutions are in the early stages of research and might face technical dilemmas before even addressing massive scaling challenges. While innovative in extracting CO2 from the atmosphere, DAC technologies confront the daunting task of turning visionary science into a cost-effective and widespread solution.

How we can help

Startups
Fundraising advisory

From diligent industry analysis to storytelling and financial forecasts, we’re helping founders crystallize and structure key business fundamentals and translate them into a compelling investment opportunity framed in a winning climatetech pitch deck.

Investors
Due diligence and portfolio support

Evaluating potential investments, conducting due diligence, and supporting portfolio companies on their new fundraising rounds.

Established companies
Growth hacking

Discovering market opportunities in the market and developing execution strategies to build actionable and scalable blueprints for growth.

WHO WE ARE

Unlocking your next stage of growth

Waveup is a leading global advisory empowering companies to fuel growth, attract investments, and secure strategic partnerships.

We turn data into business insights that drive results, helping companies excel in the competitive B2C and B2B spaces across 50+ verticals, discovering and catalizing opportunities for growth.

Our investment consulting services for ClimateTech startups

Market intelligence

Fundraising support

Pitch decks

Financial models

Investor research

Growth consulting

Go-to-market strategies

Marketing/sales materials

Design support

Learn more

FAQ

What makes the industry appealing for climatetech financing opportunities?

Being a global, rapidly evolving (climatetech is expected to grow fivefold by 2030) and mission-driven industry, the climatetech sector shines bright on climattech investors’ radars.

What is the current size of the climatetech market, and its potential for future climatetech startups?

The current climatetech market size is estimated at $20B+, forecasted to expand at 24.5% annually. Green energy, carbon capture and storage, energy efficiency, sustainable transportation, etc.—these are only some of the directions climatetech startups can capitalize on.

How challenging is it to secure funding for climatetech startups nowadays?

In 2023, VCs are setting their sights on climatetech, with the funding projected to hit $286.3 by 2027. Despite the favorable position, securing funds is tricky. The high cost of developing and commercializing climatetech solutions, long sales cycles, and regulatory challenges make climatetech startups fight for their place under the fundraising sun.

How long does it take to create a climatetech pitch deck and a financial model for a climatetech startup?

The project’s complexity and the volume of our ongoing tasks define the completion time. Usually, our experts need two or three weeks to deliver the materials, but sometimes, it may stretch up to a month.

What are the key mistakes climatetech startups make in their pitch decks?

The most frequent mistakes we’ve met in climatetech startup pitch decks are vague funding ask, lack of comprehensive investor story, poor market positioning, and lack of robust business strategy. On top of that, founders often load their slides with jargon that investors don’t understand, which decreases investor engagement.

What are the main challenges climatetech startups face, and how are they tackling them?

Climatetech startups usually suffer navigating regulatory mazes, catching the eye of the climatetech investors, and ensuring their products’ scalability.

How competitive is the climatetech market?

With the constantly growing number of climatetech startups (more than 5K in 2021) and numerous established industry players such as Siemens, GE Renewable Energy, and Bloom Energy, the climatetech sector is developing in leaps and bounds, fostering competition to become more fierce. That’s why newcomers need a well-crafted market entry strategy and a profound analysis of the competitors to stand out.

What services do you provide for investors who are either considering or have already invested in climatetech startups?

We help climatetech VCs evaluate the viability of a particular climatetech project by conducting comprehensive due diligence. Plus, we ensure comprehensive fundraising assistance to the portfolio companies of partner funds.

Do you provide climatetech M&A support?

Absolutely! Whether you need help pinpointing M&A perspectives, creating coherent CIMs, or crafting models for buy-side and sell-side deals, we are always at your service.

Do you make intros to climatetech VCs?

Yes, we can get you in touch with the climatetech VCs in case your project encompasses all the required aspects, such as the round size, product, team, etc. Moreover, our investor relations pack isn’t limited to this service. We assist in lining up venture capitalists who are into climatetech, prepare the startups for their first meeting, and ensure both parties stay in the loop after the deal is completed.

Do you provide comprehensive climatetech market research on request?

Sure thing! Customized market research is conducted by our analysts on customer demand. Thus, all the relevant aspects will be covered, such as competitive analysis and industry reports. We utilize only proprietary databases to fully grasp the climatetech realm, focusing on such pillars as scalability, competition, and market size.

Which climatetech startup funding stages do you assist with?

From the Seed to Series B in the climatetech sector, we serve as the guiding light for companies navigating these crucial growth stages. We also support enterprises at the foundational pre-seed phase and collaborate with veterans during their Series C+ endeavors.

Have a climatetech project in mind? We are here to help

From end-to-end fundraising support to M&A advisory and growth hacking, Waveup will help catapult your climatetech project to new heights. Leave your email, and let's talk!

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