Tracxn's proprietary #taxonomy brings to you top #BusinessModels in Top Business Models in Sustainability Tech Report rebrand.ly/lj70pck Get our free reports on #PracticeArea or #sector of your interest to your mailbox regularly https://rb.gy/cx2upn

1. TRACXN TOP BUSINESS MODELS REPORT
March 24, 2023
SUSTAINABILITY TECH

2. Sustainability Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Contents
Sustainability Tech Funding Overview 3
Top Funded Business Models 4
One Pagers 9
Appendix 59
2

3. Sustainability Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Funding in last 1 year
3
Green Transport $9.7B
Circular Economy $5.5B
Air Pollution Management Tech $5.2B
Renewable Energy Tech $4.1B
Solid Waste Management Tech $2.5B
Infectious Diseases $2.1B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
LetsVenture
We Founder Circle
17
12
12
Early
Stage
Equinor
Breakthrough Energy
Lowercarbon Capital
10
10
9
Late
Stage
Temasek
Baillie Gifford
GIC
7
6
6
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (45%)
United Kingdom (8%)
India (7%)
China (6%)
France (6%)
Sweden (5%)
Canada (4%)
Others (20%)
$ Funding # Rounds
Northvolt
(2016, Sweden)
$1.1B - Series C
Summit Carbon Solutions
(2020, United States)
$1.0B - Series D
Climeworks
(2009, Switzerland)
$650M - Series E
VOYAH
(2019, China)
$637M - Series A
Octopus Energy
(2015, United Kingdom)
$550M - Series F
Rimac Automobili
(2009, Croatia)
$536M - Series D
LanzaTech
(2005, United States)
$500M - Series F
EcoVadis
(2007, France)
$500M - Series D
Tata Passenger Electri..
(2019, India)
$496M - Series D
Form Energy
(2009, United States)
$450M - Series E
Electrify America
(2016, United States)
$450M - Series C
Levdeo
(2008, China)
$447M - Series A

4. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲1 Electric Car Manufacturers $2.4B 17 VOYAH | $637M | Series A Link
2▲4 EV Charging Network Operators $1.5B 27 Electrify Ame.. | $450M | Series C Link
3▲15 Carbon Offset Trading $1.0B 52 Xpansiv | $400M | Series D Link
4-- Carbon Sequestration through Adsorption $973M 5 Climeworks | $650M | Series E Link
5-- Fuel From Waste $782M 9 LanzaTech | $500M | Series F Link
6▼3 eVTOL Manufacturers $625M 6 BETA | $375M | Series B Link
7▼2 Electrical Aircraft $609M 20 BETA | $375M | Series B Link
8<> 0 Electric Scooter Manufacturers $561M 25 Ampere Vehicles | $220M | Series B Link
9▲1 EV Battery Manufacturers $509M 20 Verkor | $248M | Series C Link
10▲36 Plug In Electric Vehicle Chargers $475M 27 FreeWire Tech.. | $125M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▲27 Affordable Housing Developers $433M 11 BRIDGE | $250M | Series D Link
12▲10 Anti Bacterial Drugs $403M 24 Minervax | $44.8M | Series B Link
13▲1 Electric Truck Manufacturers $377M 6 Einride | $200M | Series C Link
14▲13 Carbon Footprint Awareness $377M 35 Sweep | $73.0M | Series B Link
15-- Syngas From Waste $361M 6 Viridi Energy | $320M | Series D Link
16-- Disinfectant Filtration System Technology $356M 1 Delos | $356M | Series D Link
17▲32 Waste Gas to Computing Energy $350M 2 Crusoe Energy | $350M | Series C Link
18▼5 COVID-19 Drugs $347M 9 RVAC Medicines | $140M | Series B Link
19▲25 Hydrogen Electrolyzers $339M 16 Electric Hydr.. | $198M | Series B Link
20▼11 Electric Vehicle Rentals $327M 3 Lime | $310M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▼14 Lithium Battery Recycling $326M 8 Ascend Elements | $200M | Series C Link
22-- Waste Gas to Electricity $320M 3 Crusoe Energy | $350M | Series C Link
23▼12 Self Drive Electric Two Wheeler Rental $311M 3 Lime | $310M | Series D Link
24▼20 Electric Four Wheeler Li-Ion Battery $302M 4 One AI | $300M | Series B Link
25-- Biogas based Power Generators $290M 2 Mainspring En.. | $150M | Series E Link
26▲10 Electric Motorcycle Manufacturers $289M 20 Zero Motorcyc.. | $107M | Series G Link
27▲4
Teleconsultation Platforms for Maternal and
Pediatric Care
$228M 10 Brightline | $105M | Series C Link
28-- Buildings Energy Monitoring $219M 13 Deepki | $166M | Series C Link
29-- Prenatal Diagnostic Tests $185M 4 BillionToOne | $125M | Series C Link
30-- Ride Hailing using Own Electric Fleet $162M 6 Ruqi Mobility | $153M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31-- Corporate Health Services $159M 5 Kindbody | $100M | Series D Link
32-- Smart Water Grids $158M 3 H2O Securities | $150M | Series D Link
33▼18 Microfinance Providers $155M 10 Belstar Inve.. | $50.6M | Series D Link
34▼1 Charging Station Management Software $154M 20 Xeal | $40.0M | Series B Link
35▼18 Electric Bicycle Manufacturers $148M 28 TENWAYS | $43.9M | Series A Link
36-- Load Disaggregation System $148M 3 Sense | $128M | Series C Link
37-- Sustainable Fabrics $142M 6 Recover | $100M | Series D Link
38-- Waste Sorting Robots $134M 5 AMP Robotics | $91.2M | Series C Link
39-- Solar Project Development Services Marketplace $130M 2 Solfácil | $100M | Series C Link
40-- Hepatitis Drugs $130M 5 Ancora Biotech | $60.0M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41-- Smart Energy Meters $128M 1 Sense | $128M | Series C Link
42-- Aerial EV Powertrain Systems $123M 6 ZeroAvia | $80.2M | Series C Link
43-- Affordable Housing Loans $113M 2 Shubham | $112M | Series E Link
44-- Drugs for Women Health $112M 9 ArsenalBio | $221M | Series B Link
45-- Residential Solar Power Plant Monitoring Systems $107M 1 Svea Solar | $107M | Series A Link
46▼13 Employee Health Benefits Solutions $97.1M 3 Maven | $90.0M | Series E Link
47▼18 Energy Efficient Motors $90.6M 2 Turntide | $80.0M | Series D Link
48▼20 Automotive Batteries $86.7M 8 One AI | $300M | Series B Link
49-- Electric Dumper Manufacturers $84.7M 2 Boreton Tech.. | $84.7M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
VOYAH (2019, China)
$637M - Series A - Nov 2022
Rimac Automobili (2009, Croatia)
$536M - Series D - May 2022
$129M - Series D - Apr 2022
Tata Passenger Electr.. (2019, India)
$496M - Series D - Mar 2022
Levdeo (2008, China)
$447M - Series A - Nov 2022
Lightyear (2016, Netherlands)
$81.0M - Series B - Sep 2022
Aptera Motors (2005, United States)
$40.0M - Series B - Jun 2022
View all 17 Funding Rounds on Tracxn Platform
Electric Car Manufacturers
01
9
Back to index
Electric Vehicles (Lime)
(# Cos: 9700 | $85.1B)
Automaker (Ather Energy)
(# Cos: 4337 | $61.9B)
Cars (Tesla)
(# Cos: 312 | $33.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$2.4B (▲1%)
17(▲21.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$33.7B
91
13
312
23
Tesla
(2003, United States, $404M)
Polestar
(1996, Sweden, $550M)
Xiaopeng
(2014, China, $2.6B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

10. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
EV Charging Network Operators
02
10
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.5B (▲27.7%)
27(▼28.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
31
$3.7B
148
6
568
23
Electric Vehicles (Tesla)
(# Cos: 9700 | $85.1B)
Charging Solutions (Wallbox)
(# Cos: 1889 | $7.0B)
Station Network (EV Connect)
(# Cos: 859 | $4.8B)
Charging (Volta)
(# Cos: 816 | $4.2B)
Operators (ChargePoint)
(# Cos: 568 | $3.7B)
ChargePoint
(2007, United States, $530M)
Volta
(2010, United States, $90.8M)
Magenta Mobility
(2017, India, $56.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Electrify Ame.. (2016, United States)
$450M - Series C - Jun 2022
Zeplug (2014, France)
$240M - Series C - Sep 2022
Electra (2021, France)
$168M - Series A - Jun 2022
Power Dot (2020, Portugal)
$158M - Series D - May 2022
Be.EV (2020, United Kingdom)
$127M - Series D - Oct 2022
Zunder (2018, Spain)
$97.1M - Series D - Oct 2022
Wattif Solutions (2020, Norway)
$54.2M - Series C - Jan 2023
View all 27 Funding Rounds on Tracxn Platform

11. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Xpansiv (2016, United States)
$125M - Series D - Jan 2023
$400M - Series D - Jul 2022
Flowcarbon (2021, United States)
$70.0M - Series A - May 2022
Pachama (2018, United States)
$55.0M - Series B - May 2022
Patch (2020, United States)
$55.0M - Series B - Sep 2022
BeZero Carbon (2020, United Kingdom)
$50.0M - Series B - Nov 2022
AirCarbon (2019, Singapore)
$50.0M - Series B - Nov 2022
View all 52 Funding Rounds on Tracxn Platform
Carbon Offset Trading
03
11
Back to index
Air Pollution Management Tech (iRobot)
(# Cos: 2077 | $10.9B)
Carbon Management (Carbon Clean)
(# Cos: 1031 | $8.4B)
Carbon Offset Trading Platforms
(AiDash)
(# Cos: 371 | $1.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.0B (▲153%)
52(▲30%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$1.7B
131
-
371
15
AiDash
(2019, United States, $43.0M)
BeZero Carbon
(2020, United Kingdom, $72.5M)
Flowcarbon
(2021, United States, $70.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

12. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Carbon Sequestration through
Adsorption
04
12
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$973M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.4B
22
-
27
4
Air Pollution Management Tech (iRobot)
(# Cos: 2077 | $10.9B)
Carbon Management (AiDash)
(# Cos: 1031 | $8.4B)
Carbon Capture (Carbon Clean)
(# Cos: 248 | $5.9B)
Carbon Sequestration (Solugen)
(# Cos: 45 | $2.1B)
Adsorption (Climeworks)
(# Cos: 27 | $1.4B)
Climeworks
(2009, Switzerland, $762M)
Heirloom
(2020, United States, $53.0M)
Svante
(2007, Canada, $493M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Climeworks (2009, Switzerland)
$650M - Series E - Apr 2022
Svante (2007, Canada)
$318M - Series E - Dec 2022
Seabound (2021, United Kingdom)
$4.4M - Seed - May 2022
$125K - Seed - Apr 2022
ION Engineering (2008, United States)
Undisclosed - Series A - Mar 2023

13. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
LanzaTech (2005, United States)
$500M - Series F - Nov 2022
Enerkem (2000, Canada)
$255M - Series H - Apr 2022
WasteFuel (2019, United States)
$12.7M - Series A - Feb 2023
Sistema (2009, Kenya)
$10.0M - Series B - Oct 2022
Cetogenix (2022, New Zealand)
$4.5M - Seed - Jul 2022
WtE-As (2017, Spain)
Undisclosed - Series A - Dec 2022
ECO Integrate.. (2013, United States)
Undisclosed - Series A - Feb 2023
View all 9 Funding Rounds on Tracxn Platform
Fuel From Waste
05
13
Back to index
Solid Waste Management Tech (Lohum)
(# Cos: 1667 | $9.3B)
Waste-To-Energy (Crusoe Energy)
(# Cos: 170 | $4.2B)
Fuel (LanzaTech)
(# Cos: 111 | $3.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$782M ( -- )
9( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$3.0B
63
2
111
11
LanzaTech
(2005, United States, $869M)
Joule Unlimited
(2007, United States, $190M)
Chromatin
(2000, United States, $122M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

14. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
eVTOL Manufacturers
06
14
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$625M (▼62%)
6(▼45.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$4.0B
47
5
71
7
Electric Vehicles (Lime)
(# Cos: 9700 | $85.1B)
Automaker (Tesla)
(# Cos: 4337 | $61.9B)
Aerial (Lilium)
(# Cos: 198 | $4.4B)
Vertical Take-Off And Landing
(Joby Aviation)
(# Cos: 71 | $4.0B)
Joby Aviation
(2009, United States, $690M)
Lilium
(2015, Germany, $375M)
Ehang
(2014, China, $52.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BETA (2012, United States)
Undisclosed - Series B - Jun 2022
$375M - Series B - Apr 2022
Volocopter (2011, Germany)
$182M - Series E - Nov 2022
SkyDrive (2018, Japan)
$66.6M - Series C - Sep 2022
HopFlyt (2016, United States)
$1.5M - Seed - Nov 2022
Dufour Aerospace (2017, Switzerland)
Undisclosed - Series B - Jan 2023

15. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electrical Aircraft
07
15
Back to index
Aerospace Tech (Lilium)
(# Cos: 730 | $5.0B)
Electric Aircraft (Joby Aviation)
(# Cos: 221 | $3.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$609M (▼48.7%)
20(▼4.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$3.1B
78
5
221
14
Joby Aviation
(2009, United States, $690M)
Lilium
(2015, Germany, $375M)
Elroy Air
(2016, United States, $60.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BETA (2012, United States)
$375M - Series B - Apr 2022
ZeroAvia (2017, United States)
$80.2M - Series C - Oct 2022
$30.0M - Series B - Jul 2022
Bee Flights (2022, India)
$36.3M - Series C - Dec 2022
VoltAero (2018, France)
$31.7M - Series B - Nov 2022
TCab Tech (2021)
$14.7M - Seed - Feb 2023
Bye Aerospace (2007, United States)
$14.0M - Series C - Nov 2022
View all 20 Funding Rounds on Tracxn Platform

16. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Scooter Manufacturers
08
16
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$561M (▼27.2%)
25(▲13.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$2.8B
80
5
400
18
Electric Vehicles (Lime)
(# Cos: 9700 | $85.1B)
Automaker (Tesla)
(# Cos: 4337 | $61.9B)
Two Wheelers (Ola Electric)
(# Cos: 875 | $3.7B)
Scooters (Ather Energy)
(# Cos: 400 | $2.8B)
Ather Energy
(2013, India, $336M)
Ola Electric
(2017, India, $866M)
Hero Electric
(2007, India, $72.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ampere Vehicles (2008, India)
$220M - Series B - Jun 2022
One Moto (2018, United Arab Emirates)
$150M - Series D - Jan 2023
Ather Energy (2013, India)
$50.0M - Series E - Oct 2022
Kabira Mobility (2017, India)
$50.0M - Series A - Mar 2023
Ray Electric Motors (2019, Spain)
$21.0M - Series A - Dec 2022
Simple Energy (2019, India)
$20.0M - Series A - Feb 2023
Bounce Infinity (2021, India)
$20.0M - Series B - Jan 2023
View all 25 Funding Rounds on Tracxn Platform

17. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
EV Battery Manufacturers
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$509M (▼26.2%)
20(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$2.2B
53
14
148
11
Electric Vehicles (Tesla)
(# Cos: 9700 | $85.1B)
Components (KPIT Technologies)
(# Cos: 723 | $8.1B)
Batteries (QuantumScape)
(# Cos: 275 | $6.2B)
Multi Category Vehicles (Log9
Materials)
(# Cos: 148 | $2.2B)
Log9 Materials
(2015, India, $91.2M)
Cygni Energy
(2014, India, $28.6M)
StoreDot
(2012, Israel, $226M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Verkor (2001, France)
$248M - Series C - Nov 2022
Britishvolt (2019, United Kingdom)
$121M - Series C - Jul 2022
Log9 Materials (2015, India)
$40.0M - Series B - Jan 2023
$20.9M - Series B - Aug 2022
Iontra (2015, United States)
$38.0M - Series B - Aug 2022
Ionblox (2017, United States)
$32.0M - Series B - Feb 2023
$24.0M - Series B - Oct 2022
View all 20 Funding Rounds on Tracxn Platform

18. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
FreeWire Tech.. (2014, United States)
$125M - Series D - Apr 2022
EO Charging (2014, United Kingdom)
$80.0M - Series B - Feb 2023
RAW Charging (2018, United Kingdom)
$60.1M - Series D - Jul 2022
Mobility House (2009, Germany)
$50.0M - Series C - Nov 2022
FIMER (1942, Italy)
$43.3M - Series C - Sep 2022
SparkCharge (2014, United States)
$29.0M - Series B - Dec 2022
Indra (2011, United Kingdom)
$23.9M - Series B - Mar 2023
View all 27 Funding Rounds on Tracxn Platform
Plug In Electric Vehicle Chargers
10
18
Back to index
Electric Vehicles (Tesla)
(# Cos: 9700 | $85.1B)
Charging Solutions (ChargePoint)
(# Cos: 1889 | $7.0B)
Plug in Charging (Wallbox)
(# Cos: 709 | $1.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$475M (▲234%)
27(▲3.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
51
$1.5B
189
6
709
22
Wallbox
(2015, Spain, $70.2M)
POD Point
(2009, United Kingdom, $58.4M)
FreeWire Technologies
(2014, United States, $228M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

19. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Affordable Housing Developers
11
19
Back to index
Affordable Housing (Aptus Value Housing Finance India)
(# Cos: 4598 | $1.6B)
Developers (Great Places)
(# Cos: 3410 | $943M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$433M (▲146%)
11(▲120%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
41
$943M
117
6
3410
2
Great Places
(1972, United Kingdom, $24.8M)
Planet Smart City
(2015, United Kingdom, $245M)
United Dwelling
(2018, United States, $10.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BRIDGE (1983, United States)
$250M - Series D - Jul 2022
Clanmil Hous.. (1977, United Kingdom)
$111M - Series D - Oct 2022
Homz (2020, United States)
$50.0M - Seed - Mar 2023
Westhaven at .. (2022, United States)
$6.7M - Series A - Jul 2022
Pahlisch Homes (1983, United States)
$6.7M - Series A - Jul 2022
Build To Stay (2021, United States)
$2.8M - Seed - Jun 2022
TRC Briarwick (2022, United States)
$1.8M - Seed - Sep 2022
View all 11 Funding Rounds on Tracxn Platform

20. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Minervax (2010, Denmark)
$44.8M - Series B - Apr 2022
ILiAD Biotech.. (2012, United States)
$42.8M - Series D - Sep 2022
TenNor Therapeutics (2013, China)
$41.5M - Series D - Mar 2022
Locus Bioscie.. (2015, United States)
$35.0M - Series B - May 2022
VenatoRx (2010, United States)
$34.0M - Series C - Apr 2022
Prokarium (2012, United Kingdom)
$30.0M - Series C - Feb 2023
Bioversys (2008, Switzerland)
$25.1M - Series C - Jun 2022
View all 24 Funding Rounds on Tracxn Platform
Anti Bacterial Drugs
12
20
Back to index
Infectious Diseases (Vir Biotechnology)
(# Cos: 2219 | $32.0B)
Drugs (Moderna)
(# Cos: 1237 | $26.9B)
Bacterial (Spero Therapeutics)
(# Cos: 351 | $5.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$403M (▲52%)
24(▲41.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
41
$5.8B
261
39
351
32
Spero Therapeutics
(2013, United States, $115M)
Locus Biosciences
(2015, United States, $67.3M)
Bioversys
(2008, Switzerland, $62.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

21. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Truck Manufacturers
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$377M (▼22.3%)
6( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$2.2B
20
4
41
7
Electric Vehicles (Lime)
(# Cos: 9700 | $85.1B)
Automaker (Tesla)
(# Cos: 4337 | $61.9B)
Commercial Vehicles (Nuro)
(# Cos: 599 | $6.5B)
Trucks (Nikola Motor)
(# Cos: 41 | $2.2B)
Nikola Motor
(2014, United States, $760M)
Einride
(2016, Sweden, $652M)
Xos
(2016, United States, $20.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Einride (2016, Sweden)
$200M - Series C - Dec 2022
Volta Trucks (2019, Sweden)
$62.3M - Series C - Nov 2022
Tevva (2013, United Kingdom)
$52.2M - Series B - May 2022
Orange EV (2012, United States)
$35.0M - Series A - Aug 2022
HV Systems (2017, United Kingdom)
$27.3M - Series A - Sep 2022
Lunaz (2020, United Kingdom)
Undisclosed - Seed - Aug 2022

22. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Sweep (2020, France)
$73.0M - Series B - Apr 2022
Carbon Direct (2019, United States)
$60.8M - Series C - Aug 2022
ClimeCo Green (2009, United States)
$50.0M - PE - Apr 2022
ZeroNorth (2014, Denmark)
$50.0M - Series B - Jun 2022
Normative (2014, Sweden)
$31.7M - Series B - Jul 2022
Greenly (2019, France)
$23.0M - Series A - Apr 2022
ClearTrace (2017, United States)
$20.0M - Series B - Jun 2022
View all 35 Funding Rounds on Tracxn Platform
Carbon Footprint Awareness
14
22
Back to index
Air Pollution Management Tech (iRobot)
(# Cos: 2077 | $10.9B)
Carbon Management (Carbon Clean)
(# Cos: 1031 | $8.4B)
Carbon Footprint Awareness (Carbon
Direct)
(# Cos: 403 | $709M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$377M (▲55%)
35(▲52.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$709M
122
-
403
12
Carbon Direct
(2019, United States, $60.8M)
ZeroNorth
(2014, Denmark, $60.5M)
Plan A
(2017, Germany, $13.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

23. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Syngas From Waste
15
23
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$361M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$650M
19
-
29
5
Renewable Energy Tech (SolarEdge)
(# Cos: 2943 | $22.0B)
Bioenergy (Joule Unlimited)
(# Cos: 78 | $2.5B)
Syngas (Carbon Engineering)
(# Cos: 31 | $760M)
From Waste (Sistema)
(# Cos: 29 | $650M)
Sistema
(2009, Kenya, $37.6M)
Bioenergy DevCo
(2019, United States, $236M)
Phoenix Biopower
(2016, Sweden, $1.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Viridi Energy (2022, United States)
$320M - Series D - Jun 2022
Bioenergy DevCo (2019, United States)
$30.0M - Series D - Mar 2023
Sistema (2009, Kenya)
$10.0M - Series B - Oct 2022
Kore (2008, United States)
$150K - Seed - Dec 2022
$700K - Seed - Apr 2022
WtE-As (2017, Spain)
Undisclosed - Series A - Dec 2022

24. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Disinfectant Filtration System
Technology
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$356M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$541M
1
-
2
1
Air Pollution Management Tech (Carbon Clean)
(# Cos: 2077 | $10.9B)
Air Purification (Wynd Technologies)
(# Cos: 218 | $919M)
Purifiers (Molekule)
(# Cos: 155 | $774M)
Indoor Air (iRobot)
(# Cos: 114 | $747M)
Disinfectant Filtration Technology
(Delos)
(# Cos: 2 | $541M)
Delos
(2009, United States, $541M)
Intellipure
(2004, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Delos (2009, United States)
$356M - Series D - Dec 2022

25. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Waste Gas to Computing Energy
17
25
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$350M (▲173%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$513M
1
-
2
1
Oil & Gas Tech (AspenTech)
(# Cos: 1972 | $6.3B)
Upstream (Streamline Innovations)
(# Cos: 16 | $585M)
Oilfield Management (Recover)
(# Cos: 5 | $532M)
Waste Gas to Energy (Ener-Core)
(# Cos: 3 | $532M)
Computing (Crusoe Energy)
(# Cos: 2 | $513M)
Crusoe Energy
(2018, United States, $513M)
Digital Stream Energy
(2019, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Crusoe Energy (2018, United States)
Undisclosed - Series C - Jun 2022
$350M - Series C - Apr 2022

26. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
COVID-19 Drugs
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$347M (▼42.8%)
9(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.9B
62
10
117
15
Infectious Diseases (Vir Biotechnology)
(# Cos: 2219 | $32.0B)
Drugs (Spero Therapeutics)
(# Cos: 1237 | $26.9B)
Viral (Moderna)
(# Cos: 601 | $14.3B)
COVID-19 (Vaxxinity)
(# Cos: 117 | $1.9B)
Vaxxinity
(2019, United States, $27.0M)
Scailyte
(2017, Switzerland, $12.3M)
Adagio
(2020, United States, $466M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
RVAC Medicines (2021, United States)
$140M - Series B - Apr 2022
Shenxin Bio (2019, China)
$120M - Series B - Mar 2022
Ashvattha The.. (2019, United States)
$69.0M - Series B - Apr 2022
Xanadu Bio (2021, United States)
$12.0M - Series B - Dec 2022
Scailyte (2017, Switzerland)
$6.2M - Series A - Sep 2022
Spartina Biot.. (2020, United States)
$200K - Seed - Nov 2022
Covinnovations (2020, United States)
$4.1K - Seed - Dec 2022
View all 9 Funding Rounds on Tracxn Platform

27. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Hydrogen Electrolyzers
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$339M (▲130%)
16(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$876M
47
5
94
11
Energy Storage Tech (ChargePoint)
(# Cos: 5005 | $40.6B)
Hydrogen (Nel Hydrogen)
(# Cos: 277 | $2.2B)
Hydrogen Generation (Enapter)
(# Cos: 146 | $1.5B)
Electrolysis (Lhyfe)
(# Cos: 94 | $876M)
Lhyfe
(2017, France, $96.9M)
ITM Power
(2001, United Kingdom)
Electric Hydrogen
(2004, United States, $222M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Electric Hydr.. (2004, United States)
$198M - Series B - Jun 2022
Ohmium (2019, United States)
$45.0M - Series B - Apr 2022
Hystar (2020, Norway)
$26.0M - Series B - Jan 2023
Utility (2019, United States)
$25.0M - Series B - May 2022
HYDROGEN Mem-Tech (2017, Norway)
$17.7M - Series B - May 2022
Versogen (2018, United States)
$14.5M - Series A - Apr 2022
H2SITE (2019, Spain)
$13.2M - Series A - Jun 2022
View all 16 Funding Rounds on Tracxn Platform

28. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Vehicle Rentals
20
28
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$327M (▼57.1%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$2.7B
14
1
37
7
Electric Vehicles (Tesla)
(# Cos: 9700 | $85.1B)
Vehicle as a Service (Dott)
(# Cos: 1296 | $7.3B)
Multi Category Vehicles (TIER)
(# Cos: 131 | $2.8B)
Free Float (Lime)
(# Cos: 37 | $2.7B)
Lime
(2017, United States, $1.8B)
TIER
(2018, Germany, $660M)
Helbiz
(2016, United States, $8.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Lime (2017, United States)
$310M - Series D - Jul 2022
Xingxing Mobility (2019, South Korea)
$15.6M - Series B - Dec 2022
Hala (2019, India)
$1.0M - Seed - May 2022

29. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Lithium Battery Recycling
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$326M (▼61.6%)
8(▼11.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$1.2B
19
2
23
5
Solid Waste Management Tech (Crusoe Energy)
(# Cos: 1667 | $9.3B)
Recycling (Lohum)
(# Cos: 516 | $3.4B)
Tech Enabled Recyclers (Renewcell)
(# Cos: 123 | $1.8B)
Lithium (Redwood Materials)
(# Cos: 23 | $1.2B)
Redwood Materials
(2017, United States, $792M)
Lithion Recycling
(2018, Canada, $15.0M)
Ascend Elements
(2015, United States, $301M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ascend Elements (2015, United States)
$200M - Series C - Oct 2022
$101M - Series C - Aug 2022
Lithion Recycling (2018, Canada)
$15.0M - Series A - Apr 2022
Posh Robotics (2021, United States)
$3.8M - Seed - Jun 2022
tozero (2022, Germany)
$3.5M - Seed - Sep 2022
Batx Energies (2020, India)
$1.6M - Seed - May 2022
NEU Battery Mater.. (2021, Singapore)
$577K - Seed - Jun 2022
View all 8 Funding Rounds on Tracxn Platform

30. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Waste Gas to Electricity
22
30
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$320M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$869M
7
1
13
2
Solid Waste Management Tech (Lohum)
(# Cos: 1667 | $9.3B)
Waste-To-Energy (LanzaTech)
(# Cos: 170 | $4.2B)
Electricity (Enexor)
(# Cos: 48 | $1.2B)
Waste Gas (Crusoe Energy)
(# Cos: 13 | $869M)
Crusoe Energy
(2018, United States, $513M)
Phoenix Biopower
(2016, Sweden, $1.3M)
Cryo Pur
(2015, France, $6.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Crusoe Energy (2018, United States)
Undisclosed - Series C - Jun 2022
$350M - Series C - Apr 2022
Viridi Energy (2022, United States)
$320M - Series D - Jun 2022

31. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Self Drive Electric Two Wheeler Rental
23
31
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$311M (▼51%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$2.5B
11
1
26
3
Road Transport Tech (Grab)
(# Cos: 20072 | $117B)
Self Drive Rentals (Dott)
(# Cos: 1125 | $6.6B)
Multi Vehicle (Europcar)
(# Cos: 94 | $2.5B)
Own Fleet (Helbiz)
(# Cos: 83 | $2.5B)
Free Float (TIER)
(# Cos: 32 | $2.5B)
Electric (Lime)
(# Cos: 26 | $2.5B)
Lime
(2017, United States, $1.8B)
TIER
(2018, Germany, $660M)
Helbiz
(2016, United States, $8.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Lime (2017, United States)
$310M - Series D - Jul 2022
Hala (2019, India)
$1.0M - Seed - May 2022
Rodeeo (2021, France)
$417K - Angel - May 2022

32. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Four Wheeler Li-Ion Battery
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$302M (▼76.6%)
4(▼20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$2.9B
18
6
61
3
Electric Vehicles (Tesla)
(# Cos: 9700 | $85.1B)
Components (KPIT Technologies)
(# Cos: 723 | $8.1B)
Batteries (Log9 Materials)
(# Cos: 275 | $6.2B)
Four Wheelers (QuantumScape)
(# Cos: 94 | $3.9B)
Diversified (Microvast)
(# Cos: 75 | $2.9B)
Lithium-Ion (A123 Systems)
(# Cos: 61 | $2.9B)
A123 Systems
(2001, China, $201M)
Microvast
(2006, United States, $430M)
One AI
(2016, United States, $390M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
One AI (2016, United States)
$300M - Series B - Feb 2023
Clean Electric (2016, India)
$2.2M - Seed - Oct 2022
$90.0K - Seed - Jun 2022
3ME Technology (2004, Australia)
$500K - Series B - Apr 2022

33. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Biogas based Power Generators
25
33
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$290M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$521M
2
-
2
1
Renewable Energy Tech (SolarEdge)
(# Cos: 2943 | $22.0B)
Bioenergy (Raízen)
(# Cos: 185 | $3.9B)
Applications (New Leaf Dynamic
Technologies)
(# Cos: 6 | $522M)
Power Generators (Mainspring
Energy)
(# Cos: 2 | $521M)
Mainspring Energy
(2010, United States, $518M)
IPG
(2016, United Kingdom, $2.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Mainspring En.. (2010, United States)
$140M - Series E - Sep 2022
$150M - Series E - May 2022

34. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Motorcycle Manufacturers
26
34
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$289M (▲59.7%)
20(▼4.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$858M
69
2
224
9
Electric Vehicles (Lime)
(# Cos: 9700 | $85.1B)
Automaker (Tesla)
(# Cos: 4337 | $61.9B)
Two Wheelers (Ather Energy)
(# Cos: 875 | $3.7B)
Motorcycles (Damon)
(# Cos: 224 | $858M)
Damon
(2017, Canada, $60.0M)
Ultraviolette
(2016, India, $63.7M)
CAKE
(2016, Sweden, $74.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zero Motorcyc.. (2006, United States)
$107M - Series G - Sep 2022
$86.6M - Series F - Apr 2022
Ultraviolette (2016, India)
$24.0M - Series D - Nov 2022
$10.0M - Series D - Aug 2022
ION Mobility (2019, Singapore)
$18.7M - Series A - Feb 2023
Dat Bike (2018, Vietnam)
$8.0M - Series B - Nov 2022
Scorpio Electric (2017, Singapore)
$6.8M - Series B - Jan 2023
View all 20 Funding Rounds on Tracxn Platform

35. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Teleconsultation Platforms for Maternal
and Pediatric Care
27
35
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$228M (▲4%)
10( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$646M
44
-
165
6
Healthcare Booking Platforms (Tata 1mg)
(# Cos: 21045 | $43.7B)
Doctors (Rosy)
(# Cos: 307 | $882M)
Telemedicine (Gennev)
(# Cos: 290 | $879M)
Teleconsultation (Brightline)
(# Cos: 289 | $879M)
Maternal and Pediatric Care (Maven)
(# Cos: 165 | $646M)
Maven
(2014, United States, $300M)
Brightline
(2019, United States, $212M)
Mahmee
(2014, United States, $12.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Brightline (2019, United States)
$10.0M - Series C - Jul 2022
$105M - Series C - Mar 2022
Maven (2014, United States)
$90.0M - Series E - Nov 2022
Mahmee (2014, United States)
$9.2M - Series A - May 2022
Summer Health (2022, United States)
$7.5M - Seed - Jul 2022
Kinspire (2020, United States)
$3.6M - Seed - Aug 2022
BabyLiveAdvice (2016, United States)
$1.1M - Seed - Sep 2022
View all 10 Funding Rounds on Tracxn Platform

36. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Deepki (2014, United Kingdom)
$166M - Series C - Mar 2022
Therma (2019, United States)
$19.0M - Series A - Feb 2023
Gridium (2011, United States)
$14.0M - Series B - Feb 2023
Audette (2018, Canada)
$9.5M - Seed - Nov 2022
June (2015, Belgium)
$3.1M - Seed - Aug 2022
Vutility (2016, United States)
$2.7M - Series A - Aug 2022
Beacon Power Services (2010, Nigeria)
$2.7M - Seed - Aug 2022
View all 13 Funding Rounds on Tracxn Platform
Buildings Energy Monitoring
28
36
Back to index
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6783 | $23.0B)
Energy Monitoring System (Sense)
(# Cos: 1097 | $1.4B)
Building Monitoring (AppFolio)
(# Cos: 931 | $945M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$219M ( -- )
13( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
49
$945M
247
7
931
22
AppFolio
(2006, United States, $30.0M)
Deepki
(2014, United Kingdom, $177M)
Dude Solutions
(1999, United States, $100M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

37. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
BillionToOne (2015, United States)
$48.5M - Series C - Dec 2022
$125M - Series C - Mar 2022
Pictor (2005, New Zealand)
$5.0M - Series A - Dec 2022
$6.1M - Series A - Apr 2022
Prenatal Diagnostic Tests
29
37
Back to index
Women Health (Hologic)
(# Cos: 822 | $7.4B)
In Vitro Diagnostic Tests (Progenity)
(# Cos: 145 | $1.7B)
Prenatal (Natera)
(# Cos: 47 | $957M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$185M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$957M
28
5
47
2
Natera
(2004, United States, $152M)
Progenity
(2011, United States, $217M)
Igenomix
(2009, Spain)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

38. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Ride Hailing using Own Electric Fleet
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$162M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$190M
14
-
56
2
Road Transport Tech (Grab)
(# Cos: 20072 | $117B)
Ride Hailing (Oye Rickshaw)
(# Cos: 145 | $410M)
Cars (Evera Cabs)
(# Cos: 108 | $370M)
Taxi (Ruqi Mobility)
(# Cos: 107 | $365M)
Intracity (BluSmart)
(# Cos: 103 | $365M)
Own-Fleet (Hype)
(# Cos: 64 | $306M)
Electric (Lithium Urban
Technologies)
(# Cos: 56 | $190M)
Lithium Urban Technolo..
(2013, India, $28.1M)
Ruqi Mobility
(2019, China, $153M)
Evera Cabs
(2019, India, $7.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ruqi Mobility (2019, China)
$153M - Series A - Apr 2022
Evera Cabs (2019, India)
$7.0M - Seed - Mar 2023
Eprakriti (2019, India)
$2.0M - Series A - Oct 2022
Undisclosed - Seed - Apr 2022
Malbork (2018, India)
Undisclosed - Seed - Jul 2022
Solar Taxi (2018, Ghana)
Undisclosed - Seed - Jul 2022

39. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Corporate Health Services
31
39
Back to index
Employee Health IT (Gympass)
(# Cos: 4131 | $26.6B)
Tech Enabled Services (Peppy)
(# Cos: 17 | $328M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$159M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$328M
8
-
17
2
Peppy
(2018, United Kingdom, $56.3M)
Kindbody
(2018, United States, $250M)
Syrona Health
(2018, United Kingdom, $125K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Kindbody (2018, United States)
$100M - Series D - Sep 2022
Peppy (2018, United Kingdom)
$45.0M - Series B - Jan 2023
Selfapy (2016, Germany)
$7.4M - Series A - Dec 2022
Theia (2019, Brazil)
$6.4M - Series A - Apr 2022
Syrona Health (2018, United Kingdom)
$125K - Seed - Mar 2022

40. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
H2O Securities (2021, South Africa)
$150M - Series D - May 2022
Ketos (2015, United States)
Undisclosed - Series C - Nov 2022
$8.3M - Series C - Jun 2022
Smart Water Grids
32
40
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Water and Wastewater Management Tech (Select
Energy Services)
(# Cos: 1512 | $3.6B)
Smart Water Grids (WaterSmart Environmental)
(# Cos: 85 | $245M)
Distribution Intelligence (Ketos)
(# Cos: 31 | $203M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$158M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$203M
17
-
31
3
Ketos
(2015, United States, $34.8M)
Kando
(2012, Israel, $16.0M)
Emagin
(2016, Canada, $30.0K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

41. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Microfinance Providers
33
41
Back to index
Microfinance (Fusion Microfinance)
(# Cos: 712 | $3.8B)
Microcredit (Fincare Small Finance Bank)
(# Cos: 699 | $3.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$155M (▼65.9%)
10(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
27
$3.7B
174
13
699
10
Fincare Small Finance ..
(2007, India, $195M)
Fusion Microfinance
(2010, India, $202M)
Muthoot Microfin
(2010, India, $108M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Belstar Investment an.. (1988, India)
$50.6M - Series D - Mar 2022
Gojo (2014, Japan)
$48.0M - Series E - Nov 2022
Light Microfinance (2009, India)
$24.6M - Series B - Sep 2022
Annapurna Finance (2009, India)
$15.0M - Series E - Jun 2022
Muthoot Microfin (2010, India)
$10.0M - Series B - Sep 2022
Pahal Financial Servi.. (1994, India)
$6.6M - Series A - Apr 2022
Djoin (2020, Indonesia)
$1.0M - Seed - Jul 2022
View all 10 Funding Rounds on Tracxn Platform

42. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Charging Station Management Software
34
42
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$154M (▼21.2%)
20(▼25.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$489M
80
-
232
17
Electric Vehicles (Tesla)
(# Cos: 9700 | $85.1B)
Charging Solutions (Wallbox)
(# Cos: 1889 | $7.0B)
Station Network (Volta)
(# Cos: 859 | $4.8B)
Charging (ChargePoint)
(# Cos: 816 | $4.2B)
Station Management IT (EV Connect)
(# Cos: 232 | $489M)
EV Connect
(2009, United States, $49.9M)
Weave Grid
(2018, United States, $50.0M)
SWTCH
(2018, Canada, $10.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Xeal (2019, United States)
$40.0M - Series B - Nov 2022
Weave Grid (2018, United States)
$35.0M - Series B - Nov 2022
Monta (2020, Denmark)
$30.3M - Series A - Sep 2022
ChargeLab (2019, Canada)
$15.0M - Series A - May 2022
AMPECO (2018, Bulgaria)
$13.0M - Series A - Jan 2023
SWTCH (2018, Canada)
$10.0M - Series A - Apr 2022
EcoG (2017, Germany)
$6.4M - Series A - Dec 2022
View all 20 Funding Rounds on Tracxn Platform

43. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Bicycle Manufacturers
35
43
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$148M (▼65.9%)
28(▲27.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$1.1B
119
-
995
13
Electric Vehicles (Lime)
(# Cos: 9700 | $85.1B)
Automaker (Tesla)
(# Cos: 4337 | $61.9B)
Light Electric Vehicles (Segway)
(# Cos: 1543 | $1.4B)
Bicycles (Cowboy)
(# Cos: 995 | $1.1B)
Cowboy
(2017, Belgium, $126M)
Rad Power Bikes
(2007, United States, $329M)
VanMoof
(2009, Netherlands, $189M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TENWAYS (2021, Netherlands)
$43.9M - Series A - Jan 2023
Super73 (2011, United States)
$37.5M - Series C - Nov 2022
MATE (2016, Denmark)
$24.0M - Series C - Jun 2022
Eovolt (2018, France)
$15.9M - Series B - Oct 2022
Velotric (2021, United States)
$7.4M - Series A - Feb 2023
Ride1Up (2018, United States)
$6.5M - Series A - Sep 2022
EMotorad (2020, India)
$2.9M - Seed - Oct 2022
View all 28 Funding Rounds on Tracxn Platform

44. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Sense (2013, United States)
$128M - Series C - Apr 2022
UtilityAPI (2014, United States)
$11.0M - Series A - May 2022
Enertiv (2011, United States)
$9.2M - Series A - May 2022
Load Disaggregation System
36
44
Back to index
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6783 | $23.0B)
Energy Monitoring System (AppFolio)
(# Cos: 1097 | $1.4B)
Load Disaggregation (Sense)
(# Cos: 122 | $459M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$148M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$459M
50
-
122
7
Sense
(2013, United States, $195M)
UtilityAPI
(2014, United States, $11.0M)
Verdigris
(2011, United States, $31.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

45. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Recover (1947, Spain)
$100M - Series D - Jun 2022
Worn Again (2005, United Kingdom)
$31.1M - Series C - Oct 2022
Rubi (2020, United States)
$8.7M - Seed - Mar 2023
Circular Syst.. (2017, United States)
$1.8M - Series A - Nov 2022
ALT TEX (2020, Canada)
$125K - Seed - Sep 2022
Stuff4Life (2020, United Kingdom)
Undisclosed - Seed - Feb 2023
Sustainable Fabrics
37
45
Back to index
Advanced Materials (Aspen Aerogel)
(# Cos: 1725 | $11.9B)
Textile (Evrnu)
(# Cos: 26 | $237M)
Sustainable Fabrics (Rubi)
(# Cos: 24 | $230M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$142M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$230M
18
-
24
3
Rubi
(2020, United States, $13.5M)
Evrnu
(2014, United States, $26.0M)
Recover
(1947, Spain, $100M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

46. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Waste Sorting Robots
38
46
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$134M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$319M
17
-
24
4
Solid Waste Management Tech (Crusoe Energy)
(# Cos: 1667 | $9.3B)
Recycling (Lohum)
(# Cos: 516 | $3.4B)
Automated Sorting (Recycleye)
(# Cos: 41 | $363M)
Robots (AMP Robotics)
(# Cos: 24 | $319M)
AMP Robotics
(2015, United States, $169M)
Smarter Sorting
(2015, United States, $62.4M)
Ishitva Robotics Systems
(2018, India, $1.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AMP Robotics (2015, United States)
$91.2M - Series C - Nov 2022
Everest Labs (2018, United States)
$16.1M - Series A - Jul 2022
Gongye Technology (2018, China)
$14.9M - Series A - Jul 2022
Smarter Sorting (2015, United States)
$7.0M - Series B - Aug 2022
Glacier (2019, United States)
$4.5M - Seed - Apr 2022

47. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Solar Project Development Services
Marketplace
39
47
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$130M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$195M
4
-
10
3
Renewable Energy Tech (SolarEdge)
(# Cos: 2943 | $22.0B)
Solar Energy (Brighte)
(# Cos: 65 | $1.2B)
ECommerce (Sol Systems)
(# Cos: 10 | $195M)
Project Development Services (Geostellar)
(# Cos: 10 | $195M)
Marketplace (Solfácil)
(# Cos: 10 | $195M)
Solfácil
(2018, Brazil, $165M)
Geostellar
(2011, United States, $29.8M)
Sol Systems
(2008, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Solfácil (2018, Brazil)
$30.0M - Series C - Sep 2022
$100M - Series C - Apr 2022

48. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Hepatitis Drugs
40
48
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$130M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$1.2B
39
8
51
2
Infectious Diseases (Vir Biotechnology)
(# Cos: 2219 | $32.0B)
Drugs (Spero Therapeutics)
(# Cos: 1237 | $26.9B)
Viral (Moderna)
(# Cos: 601 | $14.3B)
Hepatitis (Finch Therapeutics)
(# Cos: 51 | $1.2B)
Finch Therapeutics
(2004, United States, $184M)
Eiger BioPharmaceuticals
(2008, United States, $8.9M)
Aligos Therapeutics
(2018, United States, $225M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ancora Biotech (2021, United States)
$60.0M - Series A - Jun 2022
Bluejay Thera.. (2021, United States)
$41.0M - Series B - Aug 2022
Shanghai Hepu Pharmac.. (2013, China)
$14.9M - Series A - Jul 2022
Kemi Biopharmaceutical (China)
$14.1M - Series A - Sep 2022
Shanghai Auson Pharma.. (2019, China)
Undisclosed - Series B - Aug 2022

49. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Sense (2013, United States)
$128M - Series C - Apr 2022
Smart Energy Meters
41
49
Back to index
Smart Grid (Octopus Energy)
(# Cos: 2300 | $12.6B)
Advanced Metering Infrastructure
(CyanConnode)
(# Cos: 671 | $1.2B)
Smart Meters (Sense)
(# Cos: 396 | $710M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$128M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
21
$710M
65
9
396
6
Sense
(2013, United States, $195M)
Gram Power
(2010, India)
Energy Assets
(2005, United Kingdom)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

50. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Aerial EV Powertrain Systems
42
50
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$123M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$241M
4
-
5
3
Electric Vehicles (Tesla)
(# Cos: 9700 | $85.1B)
Components (Log9 Materials)
(# Cos: 723 | $8.1B)
Powertrain Systems (KPIT Technologies)
(# Cos: 247 | $1.2B)
Aerial Vehicles (ZeroAvia)
(# Cos: 5 | $241M)
ZeroAvia
(2017, United States, $206M)
H55
(2015, Switzerland, $22.4M)
VerdeGo Aero
(2017, United States, $12.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ZeroAvia (2017, United States)
$80.2M - Series C - Oct 2022
Undisclosed - Series B - Aug 2022
$30.0M - Series B - Jul 2022
VerdeGo Aero (2017, United States)
$265K - Series A - Sep 2022
$12.0M - Series A - Jul 2022
H55 (2015, Switzerland)
Undisclosed - Series B - Oct 2022

51. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Affordable Housing Loans
43
51
Back to index
Affordable Housing (Aadhar Housing Finance)
(# Cos: 4599 | $1.6B)
Financing (Aptus Value Housing Finance India)
(# Cos: 172 | $673M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$113M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$673M
23
8
172
4
Aptus Value Housing Fi..
(2009, India, $196M)
Aadhar Housing Finance
(2010, India, $17.7M)
India Shelter Finance ..
(2010, India, $111M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Shubham (2010, India)
$112M - Series E - Jun 2022
Brazos Reside.. (2021, United States)
$1.3M - Seed - Jun 2022

52. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Drugs for Women Health
44
52
Back to index
Women Health (Hologic)
(# Cos: 822 | $7.4B)
Drugs (ArsenalBio)
(# Cos: 134 | $2.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$112M ( -- )
9( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
16
$2.0B
92
18
134
7
ArsenalBio
(2019, United States, $306M)
Atossa Therapeutics
(2009, United States, $6.7M)
Evofem
(2009, United States, $100M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ArsenalBio (2019, United States)
$221M - Series B - Sep 2022
Sprout Pharma.. (2011, United States)
$28.0M - Series D - Aug 2022
$25.1M - Series D - May 2022
Gameto (2020, United States)
$17.0M - Series A - Sep 2022
YourChoice Th.. (2017, United States)
$15.0M - Series A - Jul 2022
Sichuan Anaerobic Bio.. (2020, China)
$14.8M - Series A - Aug 2022
Oviva Therape.. (2021, United States)
$11.5M - Seed - May 2022
View all 9 Funding Rounds on Tracxn Platform

53. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Residential Solar Power Plant
Monitoring Systems
45
53
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$107M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$118M
14
-
43
3
Renewable Energy Tech (SunPower)
(# Cos: 2943 | $22.0B)
Solar Energy (SolarEdge)
(# Cos: 1497 | $12.5B)
Monitoring (Clear Blue Technologies)
(# Cos: 346 | $327M)
Residential Solar Monitoring
(Svea Solar)
(# Cos: 43 | $118M)
Svea Solar
(2014, Sweden, $107M)
MyLight Systems
(2014, France, $2.2M)
Evergen
(2016, Australia, $6.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Svea Solar (2014, Sweden)
$107M - Series A - Jun 2022

54. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Employee Health Benefits Solutions
46
54
Back to index
Employee Health IT (Gympass)
(# Cos: 4131 | $26.6B)
Healthcare Benefits Administration (Maven)
(# Cos: 8 | $541M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$97.1M (▼49.1%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$541M
8
1
8
3
Maven
(2014, United States, $300M)
Ovia Health
(2012, United States, $23.5M)
Carrot
(2016, United States, $115M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Maven (2014, United States)
$90.0M - Series E - Nov 2022
Apryl (2019, Germany)
$4.3M - Seed - Apr 2022
Frame Fertility (2020, United States)
$2.8M - Seed - Apr 2022

55. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Energy Efficient Motors
47
55
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$90.6M (▼59.8%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$541M
3
-
3
1
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6783 | $23.0B)
Thermal Products (Aspen Aerogel)
(# Cos: 393 | $2.4B)
HVAC (Atomberg)
(# Cos: 278 | $1.7B)
Motors (Turntide)
(# Cos: 3 | $541M)
Turntide
(2004, United States, $524M)
QM Power
(2006, United States, $16.1M)
Virtual Forest
(2019, India, $893K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Turntide (2004, United States)
$80.0M - Series D - Jun 2022
$10.6M - Series C - May 2022

56. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
One AI (2016, United States)
$300M - Series B - Feb 2023
Log9 Materials (2015, India)
$11.2M - Series B - Jan 2023
$40.0M - Series B - Jan 2023
$20.9M - Series B - Aug 2022
Exponent Energy (2020, India)
$13.0M - Series A - Aug 2022
$1.6M - Seed - May 2022
StoreDot (2012, Israel)
Undisclosed - Series D - Apr 2022
View all 8 Funding Rounds on Tracxn Platform
Automotive Batteries
48
56
Back to index
Auto Components (Cummins)
(# Cos: 10359 | $9.6B)
Electrical and Electronic System (StoreDot)
(# Cos: 41 | $1.1B)
Battery (Log9 Materials)
(# Cos: 36 | $1.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$86.7M (▼62%)
8(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.1B
14
2
36
5
Log9 Materials
(2015, India, $91.2M)
StoreDot
(2012, Israel, $226M)
Exponent Energy
(2020, India, $20.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

57. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Dumper Manufacturers
49
57
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$84.7M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$123M
1
-
3
1
Electric Vehicles (Lime)
(# Cos: 9700 | $85.1B)
Automaker (Tesla)
(# Cos: 4337 | $61.9B)
Off Highway Vehicles (Rivian)
(# Cos: 113 | $10.8B)
High Tip Dumpers (Boreton
Technology)
(# Cos: 3 | $123M)
Boreton Technology
(2016, China, $123M)
Ecovolve
(2010, Ireland)
VPL
(1996, Pakistan)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Boreton Technology (2016, China)
$84.7M - Series C - Jan 2023
Undisclosed - Series C - Jul 2022

58. Sustainability Tech - Top Business Models Report Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
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60. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
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