Investments in impact startups decline for a fourth year in a row despite a healthy growth in the broader VC market, as investors shift their focus to defence and AI – and leave some impact areas sorely underfunded.
From tracking underwater creatures to optimising crop yields, many entrepreneurs now use AI to tackle environmental challenges. But, with much uncertainty – and concerns about AI’s negative impact – they’re entering unknown waters.
Venture capital funding towards impact startups continues a sharp downward trend as VC investors lose appetite for climate tech, the latest Dealroom figures reveal.
