Venture capital funding towards impact startups continues a sharp downward trend as VC investors lose appetite for climate tech, the latest Dealroom figures reveal.
Following record investments in 2021, deals are lower this year, Dealroom’s Impact Database reveals this week. Yet impact startups remain collectively valued at more than US$2tn and “impact unicorns” have reached 200.
Impact funds are now “fighting for a share” of an increasingly competitive market – but can use their impact credentials to both attract capital and sign new investment deals, say asset owners and fund managers at the EVPA annual conference.
