Venture Capital: VCs, Wake Up And Smell The ClimateTech Coffee
Andrew Chung, of 1955 Capital, says climate change is the perfect storm.
A huge market is shaping up around ClimateTech, a category of solutions that enable governments, companies, and individuals to combat climate change. There is a sudden shift in investors’ preference for sustainable and climate-friendly companies and products. The once uncared for and given-up-for-dead moniker, “CleanTech,” could become a $4.3 trillion market by 2030 in its new avatar as “ClimateTech.”
