Climate x Resilience Tech in Europe

The Climate Resilience innovation, startup and venture landscape in Europe in 2025. Keynote at World Fund Conference 2025 in Munich.

Key findings

• Climate tech took 15% of all European VC investment in 2025, down from a peak of 34% in 2023.
• Debt, grants, project finance and PIPEs supplied about half of the $32B invested in European climate tech in 2024.
• Climate resilience segments accounted for 37% of European climate tech funding in 2025, down from a 47% peak in 2023.
• Nuclear energy startups in the US raised $10.1B of VC funding between 2019 and 2025 against $1.8B in Europe, 5.6 times more.
• European climate tech companies were worth $351B in combined enterprise value in 2024, up from $122B in 2020.