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# Climate tech investment roars back with an $8.1B start to 2024

**[TechCrunch](https://daily.dev/sources/tc)** · 4 min read · 0 upvotes · 0 comments

## Summary

Climate tech startups raised $8.1 billion in the first quarter, near record amounts of money that suggest 2023’s quite close might have been little more than a blip than the sign of a protracted downturn. Investors focused on materials, including green steel and battery materials and minerals. Noteworthy deals include Swedish startup H2 Green Steel raising $4.5 billion and battery recycler Ascend Elements adding $162 million to its Series D.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/05/03/climate-tech-investment-roars-back-with-an-8-1b-start-to-2024/>

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Tags: [#startup](https://daily.dev/tags/startup), [#venture-capital](https://daily.dev/tags/venture-capital), [#climate-tech](https://daily.dev/tags/climate-tech)

[View this post on daily.dev](https://daily.dev/posts/climate-tech-investment-roars-back-with-an-8-1b-start-to-2024-tcclpmve3)

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