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Table of contents
Q3 2023
Carbon & Emissions Tech Report
October 31, 2023
Green mining clinches deal record
Startups focusing on green mining and energy-efficient buildings both set new records in Q3 for deal value, at $394.9 million and $638.7 million, respectively. Across deal stages, climate tech startups have bucked trends and defied expectations of slow growth, according to our Q3 2023 Carbon & Emissions Tech Report.
Dive into the blockbuster funding rounds like H2 Green Steel ($1.6B) and Redwood Materials ($997M), which defined the last quarter and will help to scale up new production facilities. And have a look at the emerging technologies being piloted in direct air capture and mining decarbonization.
Table of contents
| Vertical update | 3 |
| Q3 2023 timeline | 4 |
| Carbon & emissions tech landscape | 5 |
| Carbon & emissions tech VC ecosystem market map | 6 |
| VC activity | 8 |
| Emerging opportunities | 17 |
| Decarbonizing mining | 18 |
| Direct air capture | 21 |
| Select company highlights | 24 |
| Redwood Materials | 25 |
| Atlas Agro | 27 |
| Isometric | 29 |