Cleaner Tech
Climate Tech Deal Flow Holds Up Amid Threat of Economic Downturn
Investors with cash to put to work are supporting new tech to deal with climate change
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Dealmaking for new technology to tackle climate change held roughly steady in the third quarter, suggesting enthusiasm for environmental innovation is persisting through growing signs of an economic downturn.
Funds from venture capital and private equity went into 539 deals, compared with 547 in the three months to June, according to a review of climate-related sectors published Monday by BloombergNEF, a clean energy research group.