Israel’s State of Climate Tech 2021

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FIGURE7 | IsraeliClimateCompanies

Climate Smart Agriculture Clean Energy Systems

Sustainable Mobility & Transport Eco-Efficient Water Infrastructure Alternative Proteins Novel Materials Clean Manufacturing Circularity Low Carbon Buildings Food Loss & Waste Green Construction Transparent & Agile Supply Chains Earth Observations Biodiversity Oceans & Water Ecosystems Extreme Weather Events Carbon Capture & Utilization Soil Health Metal & Mineral Mining Forests & Land Ecosystems

0

75

150

225

Startups & Growing Companies*

Other Companies

*Founded after 2000 and received funding, or less then 5 years old and not yet received funding

The local ecosystemwitnessed a surge of newly established climate tech companies back in 2014, and since then, a relatively constant number of startups have been established each

year. Climate tech startups occupy a growing proportion of all newly founded Israeli startups across all sectors each year (Figure 8). This trend is striking considering the general

decrease of newly established startups in the Israeli ecosystem, especially during the COVID-19 crisis.

FIGURE8| ClimateTechStartupsFoundedbyYear

90

10%

75

8%

60

6%

45

4%

30

2%

15

% of climate tech founded out of all founded startups

# of founded climate tech startups

0

0%

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

% out of all founded startups

# of founded climate tech startups

Israel’s State of Climate Tech 2O21 | 15