Green Manufacturing Startups Secured Over $10 Billion in Funding
- Media Manager
- Jan 23, 2024
- 1 min read
Carbon Credits
Written By: Jennifer L
Published: January 23rd, 2024
Carbon-intensive practices likely come from manufacturing, where both mass-produced goods and the associated production processes contribute significantly to CO₂ emissions. As such, there has been a growing interest among founders and venture capitalists in greener manufacturing solutions.
Despite a more subdued funding environment, the space gained traction. It witnessed over $10 billion in global investments across substantial funding rounds, as per Crunchbase analysis.
Crunchbase’s close examination of the data reveals prominent sectors and investment themes within greener manufacturing. Some key areas that stand out include battery recycling and the development of green steel.
