2022-06-22-PitchBook-2022年1季度气候技术报告（英）_9页_6mb

报告摘要

Climate Tech Report Summary - Q1 2022

Core Content

This report provides an overview of venture capital (VC) trends and emerging opportunities in the climate tech sector during Q1 2022. It includes insights on investment activity, market map analysis, and highlights key companies in the space, particularly focusing on lithium extraction technologies.

Main Points

VC Deal Activity: In Q1 2022, there were 273 VC-backed climate tech deals totaling $9.0 billion, slightly lower than the average of 2021 but still strong due to timing of deals and geopolitical factors.
Angel & Seed Investment: Angel and seed investments in Q1 2022 were robust, with $283.3 million invested, significantly higher than the full-year totals of 2021 and 2020.
Market Trends: Late-stage valuations saw a downward recalibration, but early-stage and angel investments remained resilient. The report suggests that long-term investment in climate tech may increase due to the geopolitical context following the attack on Ukraine.
Emerging Opportunities: The report highlights the growing demand for lithium, driven by the expansion of electric vehicles, and the potential for companies with proprietary mining IP to achieve higher margins than traditional commodity players.
Built Environment: There was an increase in investment in the "built environment" category, which includes low-carbon cement, heating & cooling, and building efficiency, with $503.8 million invested in Q1 2022.

Key Information

Climate Tech VC Ecosystem Market Map

The market map is an interactive tool available on the PitchBook Platform.
It provides a representative overview of venture-backed or growth-stage providers in various segments of the climate tech ecosystem.
Companies featured have received venture capital or other notable private investments.

Lithium Startups

Company	Description	Location	Total Capital Raised ($M)	Last Round ($M)	Last Round Date	Most Recent Valuation ($M)	Select Investors
Lilac Solutions	Lithium extraction from brine	Oakland, US	$173.6	$150.0	September 8, 2021	$575.0	BMW i Ventures, Breakthrough Energy Ventures, etc.
Cornish Lithium	Tech-enabled lithium mining	Penryn, UK	$50.0	$24.3	November 25, 2021	$75.0	Innovate UK, Mineral Securities Operations
Summit Nanotech	Direct lithium extraction (DLE)	Calgary, Canada	$17.4	$14.0	December 23, 2021	$36.0	BHP Ventures, Capricorn Partners, Xora Innovation
British Lithium	UK-based lithium extraction	Roche, UK	$4.7	$4.0	March 17, 2021	N/A	EarlyMarket, Innovate UK
Green Lithium	Lithium hydroxide refinery	London, UK	$3.1	$2.3	May 9, 2022	N/A	Advanced Propulsion Centre, Ikigai Capital, etc.
Novalith	Lithium extraction using CO2	Sydney, AUS	$1.8	$1.8	October 25, 2021	N/A	Clean Energy Finance, The Grantham Foundation, etc.

Summit Nanotech

Founded: 2018
Total Raised: $17.4 million
Last Financing: $14.0 million Series A in December 2021
Post-Money Valuation: $36.0 million
Lead Investors: BHP Ventures, Capricorn Partners, Xora Innovation
Technology: Develops denaLiTM, a direct lithium extraction (DLE) technology to extract lithium from brine.
Market Strategy: Offers lithium extraction as a service to mine and land owners, aiming to capitalize on the 30%+ annual growth in lithium demand due to electric vehicle expansion.
Future Goals: Targeting significant Series B funding and aiming to secure contracts with six major lithium companies within five years to generate $1.0 billion in annual revenue.

Conclusion

The Q1 2022 report highlights a resilient climate tech VC ecosystem, with notable investment in early-stage and angel rounds. The lithium extraction sector, in particular, is showing promising growth and innovation, with companies like Summit Nanotech leading the charge. The geopolitical landscape, especially the attack on Ukraine, is expected to accelerate long-term climate tech investment, particularly in hydrogen, solar, batteries, nuclear, and wind technologies.

展开完整摘要