The H1 2024 funding review shows that Europe is recovering from previous volatility, particularly with fintech’s resurgence and the strong position of climate tech.
Climate tech investments reached €21.3 billion, led primarily by two substantial debt rounds from Northvolt and H2 Green Steel, emphasizing a strong market for sustainable infrastructure.
Zenobē Energy's addition of £410 million in new debt highlights a trend where companies are turning to private equity and infrastructure funders, moving away from traditional VC.
Electric vehicles and textile recycling startups are making significant strides in fundraising, showing that diverse sectors within climate tech are attracting considerable investment.
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