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Asia's climate tech sector seeks new funding amid US capital decline

As the US climate tech funding landscape cools under the Trump administration, startups in Asia face challenges in securing investments. Funding in the sector dropped 40% in 2024, with India and Southeast Asia also seeing declines. Investors are now looking to family offices and corporations to bridge the funding gap, as domestic companies recognize the urgency of investing in climate solutions to remain competitive. The EU's new policy requiring large companies to address environmental risks in their supply chains may further influence investment strategies in Asia, emphasizing the importance of compliance and sustainability.
Tech in Asia
United States Dollar USA VNM IND Kevin Junker Ruchira Shukla Show more
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05:00 13.03.2025
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