Tech, like many other industries, has been going through a tricky period in 2022. Public value is down, and more than 120,000 layoffs have been announced at close to 800 companies.
But despite the numbers, Alexandro de la Garza believes this is in fact a time for counterintuitive optimism - in particular he puts forward that big tech deflation will transfer important capital, attention, and talent to climate tech.
Climate Tech is the Europe's fastest-growing startup segment this year. And in the US, the Inflation Reduction Act has unlocked hundreds of billions of dollars for climate companies. With more money now available, many climate companies are on the hunt for talent. On Dealroom's Impact Job Board, there are currently 11K+ live jobs at climate tech startups.
Whether you're looking to join a new company or invest in one, team, timing and traction are always key. Discover the top 100 climate tech startups to watch, based on Dealroom Signal.
🇸🇪 Swell Energy, a Santa Monica, CA-based virtual power plant company, raised $120m in Series B.
🇸🇪 Volta Trucks, a Sweden-based commercial electric vehicle manufacturer, raised $62m in Series C funding.
🇬🇧 Modern Milkman, a UK-based company providing plastic free groceries delivery service raised $60m in Series C funding.
Other promising impact deals:
🇺🇸 NEXT Renewable Fuels, an Oregon-based developer of renewable fuels from feedstock, is going public with a $530m valuation via SPAC Industrial Tech Acquisitions II.
Want to know even more about the impact venture capital landscape? Check Dealroom.co's The State of Impact Startups & VCs in 2022, the latest and most comprehensive data-driven update on the impact ecosystem.
🇩🇪 At Vaayu, they are hiring 13 roles, including Data Analyst (remote), Business Development Manager - Global (remote) and Junior Climate Analyst (remote).
🇫🇮 At Puro Earth they are hiring 6 roles, including VC Regulation & Policy , Software Developer, and Account Manager EMEA.
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