UK cleantech ecosystem comprises 1,352 funded companies with $19bn in equity, report finds

Matilda Cox

1d ago· 1 min readenNews

Summary

A new report from Trcxn analyzes the UK's climate technology ecosystem, which includes 1,352 funded companies that have collectively raised approximately $19bn in equity financing. Nearly half of all equity funding rounds since 2023 have been venture capital-driven, with the five most active firms (Clean Growth Fund, BGF, Green Angel Ventures, AlbionVC and Octopus Ventures) participating in 47 rounds raising nearly $490m. Despite a funding drop since 2023, the underlying ecosystem is described as steady and maturing, with fossil fuel shocks driving interest in clean industrial transitions as companies seek protection from future price hikes.

Source

bskyUK cleantech ecosystem comprises 1,352 funded companies with $19bn in equity, report findsedie.net

Key quotes

· 4 pulled

Almost half of all equity funding rounds from 2023 until now have been driven by venture capital.

The UK's five most active firms: Clean Growth Fund, BGF, Green Angel Ventures, AlbionVC and Octopus Ventures, which have collectively participated in 47 rounds raising almost $490m.

Although funding in climate technologies has dropped since 2023, analysis points to a steady and 'maturing' underlying ecosystem in the UK.

Fossil fuel shocks are driving interest in the clean industrial transition as companies seek to protect themselves from future price hikes.

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Although funding in climate technologies has dropped since 2023, analysis points to a steady and "maturing" underlying ecosystem in the UK. More broadly, fossil fuel shocks are driving interest in the clean industrial transition as companies seek to prote

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