Katie Jennings and Alan Ohnsman of Forbes report on carbon-reduction funding.
- While venture capital spending slowed down for most industries last year, climate tech received record funding.
- Svante, a Canadian carbon capture startup, raked in the most money last year after it raised $318 million in a Series E round led by Chevron Technology Ventures.
- Globally, private investments in the clean energy space reached a record $1.1 trillion last year.
- The private sector is leading the way to deliver clean energy progress.
Read the full article here.