From direct air capture to green steel, we break down the categories of tech vendors making the industrial sector more sustainable.
The industrial sector, responsible for nearly one third of US greenhouse gas, is seeing significant transformation amid the growing threat of climate change — and the rise of climate technologies to combat it.
As industrial businesses look to improve their sustainability profiles and operational efficiency, they’re adopting a range of solutions from climate tech vendors. This has been accompanied by a surge in VC activity: In 2022, venture capital funding to climate tech reached a record high of over $70B.
These technologies range from carbon capture and storage — which helps industrial firms reduce and sequester their emissions — to more sustainable materials and fuels for specific industries like construction and aviation. They also include platforms to manage energy use, recycling, and more across industrial sites.
In the market map below, we spotlight 143 climate tech vendors across 15 categories that are driving sustainability in the industrial sector.
Note: Our map includes technology vendors that have received funding in the last 5 years and have raised $2M or more. This market map is not exhaustive of the space.
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