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Climate Tech M&A Review

2024

Climate Tech M&A Review

March 18, 2025

Can your climate tech company find a buyer? 

The companies targeting climate tech acquisitions form a smaller field than that of software as a service or fintech by a wide margin, and acquisition interest varies wildly by niche. But that is not to say there are not opportunities, especially in fields like intermittent renewables and sustainable foods, according to PitchBook’s 2024 Climate Tech M&A Review.

Our analyst dove into a database of over 10,000 companies to map the M&A outlook for the sector, which is facing an uncertain few years as future federal support hangs in the balance.

Table of contents
Key takeaways 1
Climate tech M&A overview 2
M&A deal activity 3
Segment-specific trends 6