Peak Climate: 27% of all capital invested in European tech this year was in the Carbon & Energy sector, which encompasses climate tech. This sector’s meteoritic rise, more than doubling its share of investment since 2021, is a testament to the urgency of solving the hard problems in climate change. Notably, this year witnessed climate tech surpassing AI startup funding levels, securing its place as the highest-invested sector in Europe. Let’s go, Green Transition!
Sustainability Awards: 2023 also marked the inaugural Sustainability Awards presented by Plug and Play at the STARTUP AUTOBAHN EXPO2023. UBQ Materials, the Israeli developer of climate-positive material made from household waste, was awarded for its work with Maxion.