It's Climate Week, and we've been working with PwC on the new State of Climate Tech 2020 report. Global Climate Tech VC investment grew from $418M in 2013 to $16.3B in 2019. That gives a growth rate of approx 3x AI investment and 5x overall investment for the same period.
Albeit starting from a low base, Climate Tech has become a significant, recognised segment, still with huge growth potential, and it might just save the world. 🤞
Beyond one of the greatest gifts to startup culture - the flat white - Victoria's startup scene is thriving, we're talking 10x investment growth in the last 5 years.
Home to Judo Bank, Afterpay, Culture Amp and more than 2,000 other startups, Victoria becomes the first southern hemisphere ecosystem to join a 20+ strong network of leading innovation economies, comprehensively catalogued in an open-access startup database, initiated by LaunchVic, powered by Dealroom.
With BCG and Expand Research, we took a look at how European fintech - Europe's biggest investment sector - is faring in 2020.
While European fintech investment is down slightly on 2019's monster year, it's already surpassed full-year 2018 funding. London still leads European hubs, claiming 57% of H1 2020 capital, though Klarna is single-handedly moving Stockholm up the rankings. 👀
Like this Weekly Newsletter? You'll love the Daily Newsletter!
Stay informed on rounds & exits that happen and hot startups we detected in our Daily Newsletter. Receive new companies that match your saved searches. Activate it for free by visiting your account settings.
To get pro-tips about creating and refining searches, and set up useful notifications, download Dealroom's quickstart-guide.