Israel’s State of Climate Tech 2021

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Capital Investments

FIGURE 11 | Climate Tech Investors

As described above, the climate tech domain encompasses a broad variety of solutions which directly or indirectly address global climate challenges, that are based on varied technological platforms, and which are associated with many industry sectors. The resultant added complexity in attributing capital investments to climate tech from available data sources enables only partial retrieval of information. As such, private capital data provided in this section is preliminary and should be taken with caution. Climate Tech Investments ¥ Investments in climate ventures totaled 2.97 billion USD during 2018-2020, demonstrating a compound annual growth of 14%. Initial data suggests that the total capital invested in climate tech startups during the first half of 2021 was nearly 40%more than the total amount invested during the previous 3 years.

By nationality

By type

Venture Capital 51%

International Fund 2%

Israel 38%

Accelerator 7%

Number of investors 567

Number of investors 567

Micro VC 19%

Foreign 62%

Corporate VC 19%

Source: Data retreived from Climate DB, IVC and Crunchbase Analysis based on 307 companies with investment data and excludes private investors

¥ The two climate challenges which attracted the most funding over these years were Clean Energy Systems and Sustainable Mobility & Transport . Alternative Proteins displayed promising growth in raising capital.

¥ 2020 saw a surge in Initial Public Offerings (IPOs) conducted by climate tech startups on the Tel Aviv Stock Exchange. Five startups, primarily from the energy sector , conducted a public offering (25% of total IPOs in 2020), while 11 have already filed IPOs during the first 3 quarters of 2021.

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