By 2033, the climate tech market is projected to reach $182.5 billion. Numerous new companies are joining this growing sector. In 2024, notable fast-growing startups include Jackery, Northvolt, Aurora Solar, Rad Power Bikes, and AMP Robotics, offering innovative solutions like portable power stations, sustainable batteries, solar design software, e-bikes, and AI-powered recycling systems.
Startup |
5-Year
Search Growth |
Search
Growth Status |
Year
Founded |
Location |
Funding |
What They
Do |
Jackery |
1060% |
Exploding |
2012 |
Fremont, CA |
Undisclosed |
Provides
portable and rechargeable power stations and solar panels for outdoor and
emergency use. |
Northvolt |
467% |
Exploding |
2016 |
Stockholm,
Sweden |
$8.8B
(Convertible Note) |
Manufactures
sustainable lithium-ion batteries by recovering and recycling used-up
batteries. |
Aurora Solar |
64% |
Regular |
2013 |
San
Francisco, CA |
$523.5M
(Series D) |
Offers remote
shade analysis for solar designs through aerial imagery. |
Rad Power
Bikes |
20% |
Peaked |
2007 |
Seattle, WA |
$329.3M
(Series D) |
Manufactures
and sells e-bikes and related accessories. |
AMP Robotics |
279% |
Regular |
2014 |
Louisville,
CO |
$175.1M
(Series C) |
Created an
AI-powered robotic system for recycling waste. |
Form Energy |
137% |
Regular |
2017 |
Somerville,
MA |
$935.8M
(Grant) |
Develops a
low-cost renewable energy storage system for extended periods of solar and
wind energy. |
Space Forge |
54% |
Regular |
2018 |
Bristol, UK |
$11.1M
(Grant) |
Leverages
space technology for sustainable solutions on Earth, focusing on in-space
manufacturing and resource utilization. |
ZeroAvia |
4100% |
Peaked |
2017 |
Hollister, CA |
$256.7M
(Series C) |
Offers a
zero-emission hydrogen powertrain for airplanes. |
Universal
Hydrogen |
255% |
Regular |
2020 |
Hawthorne, CA |
$82.5M
(Corporate Round) |
Developing
infrastructure for hydrogen-powered aviation. |
Pachama |
155% |
Regular |
2018 |
San
Francisco, CA |
$88.3M
(Series B) |
Provides a
marketplace for purchasing carbon credits using AI and machine learning to
verify forest projects. |
Power Ledger |
25% |
Peaked |
2016 |
Perth,
Australia |
$35M (Grant) |
Offers a
blockchain for energy commodity tracking and trading, including P2P solar
energy trading. |
GreyParrot |
971% |
Peaked |
2019 |
London, UK |
$18M (Series
Unknown) |
Provides
waste analysis technology using computer vision-powered robotics systems. |
Carbon
Lighthouse |
-83% |
Peaked |
2010 |
San
Francisco, CA |
$67.1M
(Series A) |
Provides a
platform for optimizing energy usage in buildings to improve efficiency and
indoor air quality. |
FreeWire
Technologies |
-100% |
Peaked |
2014 |
Oakland, CA |
$259.4M
(Series Unknown) |
Develops and
sells EV charging solutions, including stationary charging stations and
portable charging units. |
Aclima |
152% |
Regular |
2007 |
San
Francisco, CA |
$64M (Series
B) |
Offers a
software solution for tracking greenhouse emissions and air quality for
governments and enterprises. |
Skeleton
Technologies |
48% |
Regular |
2009 |
Tallinn,
Estonia |
$341.3M
(Corporate Round) |
Manufactures
ultracapacitors for various verticals, including cells, modules, and systems. |
Carbon
Engineering |
-23% |
Regular |
2009 |
Squamish,
Canada |
$110.4M
(Corporate Round) |
Uses direct
air capture (DAC) technology to remove CO2 from the atmosphere and convert it
into fuel. |
Redwood
Materials |
583% |
Peaked |
2017 |
Carson City,
NV |
$3.8B (Series
D) |
Reuses,
recycles, and remanufactures end-of-life products, including electric
vehicles and consumer electronics. |
Sylvera |
263% |
Regular |
2020 |
London, UK |
$95.3M
(Series B) |
Uses AI and
satellite imagery to measure carbon emissions and help companies achieve
their carbon reduction goals. |
Ekotrope |
0% |
Peaked |
2010 |
Boston, MA |
$4M (Series
Unknown) |
Offers a home
energy rating system (HERS) platform called "RATER" to determine
the efficiency of homes in terms of energy usage. |
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