The “Climate Fintech Report 2024”, published by CommerzVentures, an independent Venture Capital firm, reveals that in 2023 European climate fintech investments are again dominating in funding compared to US counterparts.
Compared to the overall VC market downturn, which recorded a drop of 38 per cent year-over-year, climate fintech investment volume was not affected by these instabilities and changes in 2023, reaching $2.3 billion (a decrease of 19% compared to a year before).
Funding volume in Europe
As stated in the report, the…
