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We’re excited to announce the third cohort of Climate Angels!
What is Climate Angels?
Climate Angels is a six-week investor education program designed to provide insights into the energy and climate startup world, as well as provide investment strategies and network building. This program is a great fit for budding angel investors, former founders, and seasoned professionals interested in accelerating the energy transition as a funder in the space. Learn more & apply here.
Is climate investing (still) important in 2025?
As the urgency of addressing climate change grows (see here and here), investing in solutions has never been more critical. However, with policy changes & funding shifts, it's clear that the most impactful solutions will need to thrive based on being the best solution in the market - and the founders building those solutions need early capital to get started. In our third cohort, two of the six sessions will focus on key sectors that climate investors should consider amid macroeconomic shifts.
What is the state of climate investing?
Climate tech investing has settled into a new normal, totaling $30 billion in 2024. This was a 14% drop from 2023, less than the previous year’s 24% drop. According to CTVC, the number of deals in climate remained relatively flat with 1,460 deals in 2024 compared with 1,468 in 2023.
What does 2025 hold? Investors are increasingly focusing on grid technologies, firm power sources like nuclear and geothermal, and the built environment, as these are sectors poised for long-term growth. Backing these industries ensures support for companies that are both resilient and adaptable to market fluctuations.
For example, as we see a rise in AI and the need for increased energy for data centers and firm energy, companies that support these demands will continue to succeed. Companies such as Scala and Crusoe support clean energy for data centers. Geothermal company Fervo recently announced $255 million in funding to generate up to 2 GW of baseload power in Utah. Nuclear energy is also gaining momentum, with Google announcing a groundbreaking partnership with Kairos Power to develop a fleet of advanced small modular reactors - a first of its kind initiative aimed at meeting the growing clean energy demands of data centers.
Climate Angels Program Curriculum
Our program dives into sector trends and market dynamics to deliver actionable insights backed by real-world deals, guest speakers, and hands-on exercises. Throughout the program, you will diligence a live deal or co-work on an active investment thesis with a Climate Capital Syndicate Partner to gain hands-on experience.
Over six weeks, our goal is for you to develop a strong investment thesis, explore key relevant climate tech sectors, and learn how to identify and evaluate high-potential startups. We’ll guide you through deal execution, term sheets, and valuation so you feel prepared to make more informed investment decisions and better support your portfolio of companies.
Want to learn more?
Join us for a live webinar:
Date: March 7, 2025
Time: 10:00 AM PT / 1:00 PM ET
Register: https://lu.ma/omoi0xib
Ready to apply? Mention “Climate Angels Blog” in the application to receive a $200 discount off of the membership fee 🤫
We can’t wait to welcome you to the Climate Angels community!
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Note: The Author’s opinions are their own and not necessarily representative of Climate Capital.
Disclaimer: Under no circumstances should any information or content in this email be considered an offer to sell or solicitation of interest to purchase any securities, including any securities advised by Climate Capital or any of its affiliates or representatives. Further, no content or information herein is or is intended, nor should it be construed as, an offer to provide any investment advisory service, financial advice, legal, tax, accounting, investment, or other advice from Climate Capital or any of its affiliates (collectively "Climate Capital”). Under no circumstances should anything herein be construed as fund marketing materials by prospective investors considering investing in any Climate Capital investment fund. Content contained herein does not constitute an offer to sell — or a solicitation of an offer to buy — any securities and may not be used or relied upon in evaluating the merits of any investment. Information regarding companies highlighted herein has been provided by third parties, and Climate Capital makes no representations or warranties as to its accuracy, as to the viability of any company listed herein, or the results of any investment in a listed company.