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Clean Energy VC Trends

Q4 2024

Clean Energy VC Trends

February 14, 2025

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How clean tech might fare in the Trump years 

Clean energy tech is in a rough patch. Funding for the sector dipped in 2024 due to political uncertainty in the US and Europe, and exit value fell by a whopping 87%, according to PitchBook’s Q4 2024 Clean Energy VC Trends report. 

Median valuations also took a nosedive, down 51% for early-stage VC and 23% overall. It’s a tough market—but the energy grid demands of datacenters could hold the key for the rebound.  


Table of contents
Clean energy landscape 3
Clean energy VC ecosystem market map 4
VC activity 5
Clean energy VC deal summary 19