2024年三季度碳与排放技术报告（英）2024

Q3 2024 Carbon & Emissions Tech Report

Overview

VC investment in carbon & emissions technologies fell to $2.3 billion in Q3 2024, slightly below the previous quarter’s $2.5 billion and significantly below the high of $8.8 billion in Q3 2023. Several factors contribute to this slowdown, including political uncertainty due to the upcoming US presidential election and varying views on climate change mitigation.

Key Trends

• VC Deal Activity:

  • Deal Value: $2.3 billion (Q3 2024)
  • Deal Count: 224 (Q3 2024)
  • Share of Total VC: 7.0%
  • YoY Change: -5.6%

• Segment Breakdown:

  • Carbon Tech: $893.8 million (Q3 2024)
  • Industry Built Environment: $827.2 million (Q3 2024)
  • Land Use: $460.3 million (Q3 2024)

Timeline

• July 1: Low-carbon materials producer 6K raises $82 million in Series E funding.
• August 30: DAC company CarbonCapture pauses development of "Project Bison" due to high competition for clean energy.
• September 24: Amazon buys $180 million worth of carbon offset credits from the LEAF Coalition.
• September 19: Carbon-utilization company Twelve raises $245 million in Series C funding.

Pre-Seed/Seed Deals

• Switch Bioworks: Seed funding of $23.6 million, post-money valuation of $48 million.
• Phlair: Seed funding of $13.3 million.
• Renewable Metals: Seed funding of $12.5 million, post-money valuation of $21.9 million.
• CarbonBlue: Seed funding of $10 million.
• Entalpic: Seed funding of $9.4 million.
• Root Global: Seed funding of $8.7 million.
• Ucaneo: Seed funding of $7.5 million.
• Clearly: Seed funding of $7.3 million, post-money valuation of $27.1 million.
• Zevero: Seed funding of $7 million.

Venture Growth Deals

• Twelve: Series C funding of $245 million.
• Infinitum: Series E funding of $235 million, post-money valuation of $585 million.
• Nautilus Data Technologies: Series A funding of $104.5 million, post-money valuation of $110.9 million.
• 24M: Series H funding of $87 million, post-money valuation of $1300 million.
• Dandelion Energy: Series C funding of $40 million, post-money valuation of $315 million.
• CleanFiber: Series B funding of $33.5 million.
• ecovative: Series B funding of $28 million.

Company Highlights: Mantel

• Leadership:
  • CEO: Cameron Halliday
  • Chief Operations Officer: Danielle Rapson
  • Chief Technology Officer: Sean Robertson
• Technology: Competes with liquid amine solvents in point-source carbon capture, offering advantages in energy consumption and manageable breakdown products but facing challenges due to process maturity and specific application limitations.

Conclusion

The carbon & emissions tech sector continues to face challenges, with slower VC deal activity and low exit activity. Despite this, key players like Twelve and 6K are securing significant funding rounds, signaling ongoing interest in innovative solutions.