Tracxn's proprietary #taxonomy brings to you top #BusinessModels in Top Business Models in Sustainability Tech Report https://tracxn.com/platform/file-manager/file/ZmlsZUlkPWZlcFlCYzAxcjNPSXk0SnhjbDZDeEtxUVl1LUJhMFlweHNLc0ZzWlNkTVk%3D 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
April 26, 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 $9.2B
Air Pollution Management Tech $4.4B
Circular Economy $4.3B
Renewable Energy Tech $3.6B
Energy Efficiency Tech $2.1B
Solid Waste Management Tech $2.0B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
LetsVenture
We Founder Circle
16
11
11
Early
Stage
Breakthrough Energy
Lowercarbon Capital
Equinor
11
11
9
Late
Stage
Temasek
Siemens
GIC
6
5
5
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (44%)
United Kingdom (8%)
India (8%)
China (6%)
France (6%)
Sweden (5%)
Germany (4%)
Others (19%)
$ Funding # Rounds
Northvolt
(2016, Sweden)
$1.1B - Series C
Summit Carbon Solutions
(2020, United States)
$1.0B - Series D
VOYAH
(2019, China)
$637M - Series A
Octopus Energy
(2015, United Kingdom)
$550M - Series F
Rimac Automobili
(2009, Croatia)
$536M - Series D
EcoVadis
(2007, France)
$500M - Series D
LanzaTech
(2005, United States)
$500M - Series F
Form Energy
(2009, United States)
$450M - Series E
Electrify America
(2016, United States)
$450M - Series C
Levdeo
(2008, China)
$447M - Series A
Xpansiv
(2016, United States)
$400M - Series D
Serentica Renewables
(2022, India)
$400M - Series D

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 $1.8B 14 VOYAH | $637M | Series A Link
2▲4 EV Charging Network Operators $1.5B 27 Electrify Ame.. | $450M | Series C Link
3▲4 Green Utilities $863M 7 Octopus Energy | $550M | Series F Link
4▲27 Carbon Credit Trading Platform $774M 49 Xpansiv | $400M | Series D Link
5▲16 Anti Bacterial Drugs $587M 22 Everest Medic.. | $280M | Series D Link
6▲28 Plug In Electric Vehicle Chargers $571M 28 FreeWire | $125M | Series D Link
7▲1 Utility Bill Management Solutions $556M 5 Octopus Energy | $550M | Series F Link
8▲14 EV Battery Manufacturers $551M 18 Verkor | $248M | Series C Link
9▲15 Fuel From Waste $527M 8 LanzaTech | $500M | Series F Link
10▼1 Electric Scooter Manufacturers $504M 22 Ampere Vehicles | $220M | Series B 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▲33 Affordable Housing Developers $433M 11 BRIDGE | $250M | Series D Link
12-- Renewable Energy Feasibility Study $400M 1 Serentica Ren.. | $400M | Series D Link
13-- Syngas From Waste $360M 5 Viridi Energy | $320M | Series D Link
14▼2 Carbon Sequestration By Adsorption $337M 4 Svante | $318M | Series E Link
15-- Utility Data Management $329M 3 Arcadia | $200M | Series D Link
16▼5 Electric Vehicle Rentals $327M 3 Lime | $310M | Series D Link
17-- Waste Gas to Electricity $320M 2 Viridi Energy | $320M | Series D Link
18-- Methane Pyrolysis $319M 3 Monolith | $300M | Series D Link
19▼6 E-Bike Rental $311M 3 Lime | $310M | Series D Link
20▼10 Lithium Battery Recycling $311M 9 Ascend Elements | $200M | Series C 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▲11 Automotive Batteries Manufacturers $309M 9 One AI | $300M | Series B Link
22▼17 Electric Four Wheeler Li-Ion Battery $302M 3 One AI | $300M | Series B Link
23▼20 eVTOL Manufacturers $250M 5 Volocopter | $182M | Series E Link
24▼20 Electrical Aircraft $234M 19 ZeroAvia | $80.2M | Series C Link
25-- Solar Products Retailing $232M 2 Waaree | $127M | Series C Link
26▲24 Hydrogen Electrolyzers $225M 17 Electric Hydr.. | $198M | Series B Link
27-- Electric 3 wheeler Cargo Manufacturers $211M 5 TI Clean Mobi.. | $145M | Series D Link
28▼13 Microfinance Providers $211M 9 Arohan | $89.2M | Series C Link
29▼9 Enzyme based Carbon Sequestration $200M 1 Solugen | $200M | Series D Link
30▼1 Electric Motorcycle Manufacturers $200M 20 Zero Motorcyc.. | $107M | Series G 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▼5 Commercial Building Energy Management Systems $169M 24 Infogrid | $90.0M | Series B Link
32▲15 Charging Station Management Software $164M 23 Xeal | $40.0M | Series B Link
33▼17 Electric Bicycle Manufacturers $158M 27 TENWAYS | $43.9M | Series A Link
34-- Smart Water Grids $158M 3 H2O Securities | $150M | Series D Link
35-- Affordable Housing Loans $143M 3 Shubham | $112M | Series E Link
36-- Sustainable Fabrics $142M 6 Recover | $100M | Series D Link
37-- Hepatitis Drugs $130M 5 Ancora Biotech | $60.0M | Series A Link
38-- Waste Sorting Robots $129M 4 AMP Robotics | $91.2M | Series C Link
39-- Smart Energy Meters $128M 1 Sense | $128M | Series C Link
40-- Radiological Image Analysis Software $121M 4 Vayyar | $108M | Series E 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-- Drugs for Women Health $119M 12 ArsenalBio | $221M | Series B Link
42-- Breast Cancer Imaging Devices $108M 1 Vayyar | $108M | Series E Link
43▼21 Electric Truck Manufacturers $97.3M 8 Einride | $200M | Series C Link
44▼10 Home Energy Management Systems $96.0M 1 Span.IO | $96.0M | Series B Link
45-- Electric Bicycle Rentals $93.6M 4 Yulu | $83.0M | Series B Link
46-- Employee Family Benefits Management $90.0M 2 Maven | $90.0M | Series E Link
47▼31 COVID-19 Drugs $87.4M 7 Ashvattha Th.. | $69.0M | Series B Link
48-- Electric Dumper Manufacturers $84.7M 2 Boreton Tech.. | $84.7M | Series C Link
49-- Grid Flexibility Marketplace $72.6M 5 Sympower | $22.3M | Series B 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
Levdeo (2008, China)
$447M - Series A - Nov 2022
Lightyear (2016, Netherlands)
$8.6M - Series B - Feb 2023
$81.0M - Series B - Sep 2022
Aptera Motors (2005, United States)
$40.0M - Series B - Jun 2022
Kate (2022, France)
$7.6M - Angel - Apr 2023
View all 14 Funding Rounds on Tracxn Platform
Electric Car Manufacturers
01
9
Back to index
Electric Vehicles (Lime)
(# Cos: 9852 | $86.5B)
Automaker (Ather Energy)
(# Cos: 4443 | $62.6B)
Cars (Tesla)
(# Cos: 317 | $33.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.8B (▼21.1%)
14(▼12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$33.7B
93
13
317
24
Tesla
(2003, United States, $404M)
Rimac Automobili
(2009, Croatia, $885M)
Polestar
(1996, Sweden, $550M)
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 (▲28.1%)
27(▼30.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
31
$3.7B
147
6
571
24
Electric Vehicles (Lime)
(# Cos: 9852 | $86.5B)
Charging Solutions (FreeWire)
(# Cos: 1906 | $7.4B)
Station Network (Volta)
(# Cos: 866 | $4.9B)
Charging (EV Connect)
(# Cos: 823 | $4.3B)
Operators (ChargePoint)
(# Cos: 571 | $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 (2019, 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
Green Utilities
03
11
Back to index
Smart Grid (Bulb)
(# Cos: 2333 | $12.4B)
Green Utilities (Octopus Energy)
(# Cos: 16 | $2.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$863M (▼10.5%)
7(▲75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$2.7B
10
-
16
3
Octopus Energy
(2015, United Kingdom, $2.0B)
Bulb
(2014, United Kingdom, $91.5M)
OVO Energy
(2009, United Kingdom, $258M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Octopus Energy (2015, United Kingdom)
Undisclosed - Series F - Sep 2022
$550M - Series F - Jul 2022
Origo Energia (2010, Brazil)
$49.2M - Series A - Jan 2023
$88.1M - Series A - Jul 2022
$88.1M - PE - Jul 2022
Tesseract (2022, United Kingdom)
$78.0M - Series A - Sep 2022
Ostrom (2020, Germany)
$9.8M - Series A - Dec 2022

12. 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
BeZero Carbon (2020, United Kingdom)
$50.0M - Series B - Nov 2022
AirCarbon (2019, Singapore)
$50.0M - Series B - Nov 2022
Carbonext (2010, Brazil)
$40.0M - Series B - Jul 2022
View all 49 Funding Rounds on Tracxn Platform
Carbon Credit Trading Platform
04
12
Back to index
Air Pollution Management Tech (iRobot)
(# Cos: 2146 | $10.9B)
Carbon Management (LanzaTech)
(# Cos: 1072 | $8.4B)
Carbon Offset Trading Platforms
(Xpansiv)
(# Cos: 387 | $1.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$774M (▲205%)
49(▲32.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$1.5B
131
-
387
13
Xpansiv
(2016, United States, $675M)
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.

13. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Everest Medic.. (2017, United States)
$280M - Series D - Mar 2023
Minervax (2010, Denmark)
$44.8M - Series B - Apr 2022
ILiAD Biotech.. (2012, United States)
$42.8M - Series D - Sep 2022
Locus Bioscie.. (2015, United States)
$35.0M - Series B - May 2022
Prokarium (2012, United Kingdom)
$30.0M - Series C - Feb 2023
Bioversys (2008, Switzerland)
$25.1M - Series C - Jun 2022
Micreos (2005, Netherlands)
$24.6M - Series D - Oct 2022
View all 22 Funding Rounds on Tracxn Platform
Anti Bacterial Drugs
05
13
Back to index
Infectious Diseases (CureVac)
(# Cos: 2249 | $32.1B)
Drugs (Moderna)
(# Cos: 1259 | $27.0B)
Bacterial (Spero Therapeutics)
(# Cos: 356 | $6.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$587M (▲67.7%)
22(▲15.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
41
$6.0B
262
39
356
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.

14. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
FreeWire (2014, United States)
$125M - Series D - Apr 2022
Span.IO (2014, United States)
$96.0M - Series B - Mar 2023
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
View all 28 Funding Rounds on Tracxn Platform
Plug In Electric Vehicle Chargers
06
14
Back to index
Electric Vehicles (Lime)
(# Cos: 9852 | $86.5B)
Charging Solutions (ChargePoint)
(# Cos: 1906 | $7.4B)
Plug in Charging (FreeWire)
(# Cos: 715 | $1.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$571M (▲142%)
28(▲3.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
52
$1.7B
191
6
715
23
FreeWire
(2014, United States, $228M)
Wallbox
(2015, Spain, $70.2M)
POD Point
(2009, United Kingdom, $58.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

15. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Utility Bill Management Solutions
07
15
Back to index
Energy Efficiency Tech (Schneider Electric)
(# Cos: 6820 | $24.1B)
Utility Bill Management (Octopus Energy)
(# Cos: 26 | $2.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$556M (▼41.8%)
5(▲150%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$2.1B
13
-
26
3
Octopus Energy
(2015, United Kingdom, $2.0B)
Amberflo
(2020, United States, $20.0M)
One Utility Bill
(2014, United Kingdom, $6.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Octopus Energy (2015, United Kingdom)
Undisclosed - Series F - Sep 2022
$550M - Series F - Jul 2022
Amberflo (2020, United States)
$15.0M - Series A - Jan 2023
Bia (2022, Colombia)
$6.0M - Seed - Jul 2022
Zero Friction (2018, Belgium)
$2.3M - Seed - Sep 2022

16. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
EV Battery Manufacturers
08
16
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$551M (▲62.1%)
18(▼30.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$2.3B
53
14
149
11
Electric Vehicles (Lime)
(# Cos: 9852 | $86.5B)
Components (KPIT Technologies)
(# Cos: 733 | $8.2B)
Batteries (Cygni Energy)
(# Cos: 277 | $6.3B)
Multi Category Vehicles (Log9
Materials)
(# Cos: 149 | $2.3B)
Log9 Materials
(2015, India, $91.2M)
Cygni Energy
(2014, India, $28.6M)
Lohum
(2017, India, $24.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Verkor (2020, France)
$248M - Series C - Nov 2022
$61.2M - Series B - Jul 2022
Britishvolt (2019, United Kingdom)
$121M - Series C - Jul 2022
Log9 Materials (2015, India)
$40.0M - Series B - Jan 2023
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 18 Funding Rounds on Tracxn Platform

17. 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
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
Grupo Corral Salamanca (1986)
Undisclosed - Seed - Jul 2022
View all 8 Funding Rounds on Tracxn Platform
Fuel From Waste
09
17
Back to index
Solid Waste Management Tech (AMP Robotics)
(# Cos: 1717 | $9.4B)
Waste-To-Energy (Crusoe Energy)
(# Cos: 179 | $4.2B)
Fuel (LanzaTech)
(# Cos: 112 | $3.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$527M (▲75.4%)
8(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$3.0B
63
2
112
11
LanzaTech
(2005, United States, $869M)
Chromatin
(2000, United States, $122M)
WasteFuel
(2019, United States, $12.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

18. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Scooter Manufacturers
10
18
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$504M (▼35.1%)
22(▼4.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$2.8B
80
6
407
18
Electric Vehicles (Lime)
(# Cos: 9852 | $86.5B)
Automaker (Tesla)
(# Cos: 4443 | $62.6B)
Two Wheelers (Ola Electric)
(# Cos: 912 | $3.7B)
Scooters (Ather Energy)
(# Cos: 407 | $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
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
Corrit Electric (2019, India)
$9.0M - Series A - Nov 2022
View all 22 Funding Rounds on Tracxn Platform

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: 4683 | $1.7B)
Developers (Planet Smart City)
(# Cos: 3487 | $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
45
$943M
121
6
3487
2
Planet Smart City
(2015, United Kingdom, $245M)
Great Places
(1972, United Kingdom, $24.8M)
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
Renewable Energy Feasibility Study
12
20
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$400M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$405M
10
-
23
1
Renewable Energy Tech (SolarEdge)
(# Cos: 3002 | $21.8B)
Horizontal (Nel Hydrogen)
(# Cos: 630 | $4.1B)
Project Feasibility (OnGen)
(# Cos: 26 | $406M)
Power Plants (Serentica
Renewables)
(# Cos: 23 | $405M)
Serentica Renewables
(2022, India, $400M)
Traverse
(2016, Singapore, $2.4M)
cQuant
(2016, United States, $3.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Serentica Renewables (2022, India)
$400M - Series D - Nov 2022

21. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Syngas From Waste
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$360M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$670M
20
-
30
6
Renewable Energy Tech (SolarEdge)
(# Cos: 3002 | $21.8B)
Bioenergy (Chromatin)
(# Cos: 83 | $2.5B)
Syngas (Carbon Engineering)
(# Cos: 32 | $780M)
From Waste (Sistema)
(# Cos: 30 | $670M)
Sistema
(2009, Kenya, $37.6M)
GPS Renewables
(2012, India, $20.0M)
Bioenergy DevCo
(2019, United States, $236M)
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
WtE-As (2017, Spain)
Undisclosed - Series A - Dec 2022

22. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Carbon Sequestration By Adsorption
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$337M (▼55.2%)
4(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.4B
22
-
28
4
Air Pollution Management Tech (iRobot)
(# Cos: 2146 | $10.9B)
Carbon Management (Carbon Clean)
(# Cos: 1072 | $8.4B)
Carbon Capture (LanzaTech)
(# Cos: 253 | $6.0B)
Carbon Sequestration (Solugen)
(# Cos: 45 | $2.1B)
Adsorption (Climeworks)
(# Cos: 28 | $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.
Svante (2007, Canada)
$15.0M - Series E - Mar 2023
$318M - Series E - Dec 2022
Seabound (2021, United Kingdom)
$4.4M - Seed - May 2022
ION Engineering (2008, United States)
Undisclosed - Series A - Mar 2023

23. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Arcadia (2014, United States)
$129M - Series D - Dec 2022
$200M - Series D - May 2022
Metry (2012, Sweden)
Undisclosed - Series A - Jun 2022
Utility Data Management
15
23
Back to index
Smart Grid (Octopus Energy)
(# Cos: 2333 | $12.4B)
Utility Management (Tendril)
(# Cos: 728 | $2.6B)
Data Management (Arcadia)
(# Cos: 32 | $512M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$329M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$512M
12
-
32
3
Arcadia
(2014, United States, $500M)
Greenbird
(2010, Norway, $10.8M)
Bettergy
(2012, Spain)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

24. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Vehicle Rentals
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$327M (▼57%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$2.7B
14
1
37
7
Electric Vehicles (ChargePoint)
(# Cos: 9852 | $86.5B)
Vehicle as a Service (Yulu)
(# Cos: 1297 | $7.5B)
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

25. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Waste Gas to Electricity
17
25
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$320M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$869M
7
1
13
2
Solid Waste Management Tech (AMP Robotics)
(# Cos: 1718 | $9.4B)
Waste-To-Energy (LanzaTech)
(# Cos: 179 | $4.2B)
Electricity (Enexor)
(# Cos: 53 | $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.
Viridi Energy (2022, United States)
$320M - Series D - Jun 2022
Crusoe Energy (2018, United States)
Undisclosed - Series C - Jun 2022

26. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Methane Pyrolysis
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$319M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$420M
6
-
7
3
Energy Storage Tech (ChargePoint)
(# Cos: 5197 | $42.3B)
Hydrogen (Nel Hydrogen)
(# Cos: 305 | $2.7B)
Hydrogen Generation (Lhyfe)
(# Cos: 162 | $1.8B)
Methane Pyrolysis (Monolith)
(# Cos: 7 | $420M)
Monolith
(2012, United States, $300M)
HiiROC
(2019, United Kingdom, $34.6M)
Ekona
(2017, Canada, $69.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Monolith (2012, United States)
$300M - Series D - Jul 2022
Levidian (2012, United Kingdom)
$13.5M - Series B - Oct 2022
Ekona (2017, Canada)
$5.5M - Series A - Aug 2022

27. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
E-Bike Rental
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$311M (▼50.9%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$2.5B
11
1
26
3
Road Transport Tech (Grab)
(# Cos: 20159 | $122B)
Self Drive Rentals (Yulu)
(# Cos: 1126 | $6.6B)
Multi Vehicle (Europcar)
(# Cos: 95 | $2.5B)
Own Fleet (Helbiz)
(# Cos: 84 | $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

28. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Lithium Battery Recycling
20
28
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$311M (▼59.8%)
9(▲28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$1.1B
18
2
22
4
Solid Waste Management Tech (Crusoe Energy)
(# Cos: 1718 | $9.4B)
Recycling (AMP Robotics)
(# Cos: 546 | $3.4B)
Tech Enabled Recyclers (Renewcell)
(# Cos: 127 | $1.8B)
Lithium (Redwood Materials)
(# Cos: 22 | $1.1B)
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
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
Lithion Recycling (2018, Canada)
Undisclosed - Series A - Sep 2022
View all 9 Funding Rounds on Tracxn Platform

29. 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
Verkor (2020, France)
$248M - Series C - Nov 2022
$61.2M - Series B - Jul 2022
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
View all 9 Funding Rounds on Tracxn Platform
Automotive Batteries Manufacturers
21
29
Back to index
Auto Components (Cooper Standard)
(# Cos: 10599 | $10.2B)
Electrical and Electronic System (StoreDot)
(# Cos: 45 | $1.5B)
Battery (Log9 Materials)
(# Cos: 40 | $1.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$309M (▲22.9%)
9(▼35.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.5B
16
2
40
6
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.

30. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Four Wheeler Li-Ion Battery
22
30
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$302M (▼76.6%)
3(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$2.9B
18
6
61
3
Electric Vehicles (Lime)
(# Cos: 9852 | $86.5B)
Components (KPIT Technologies)
(# Cos: 733 | $8.2B)
Batteries (Log9 Materials)
(# Cos: 277 | $6.3B)
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

31. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
eVTOL Manufacturers
23
31
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$250M (▼87.4%)
5(▼54.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$4.1B
48
5
72
8
Electric Vehicles (Lime)
(# Cos: 9852 | $86.5B)
Automaker (Tesla)
(# Cos: 4443 | $62.6B)
Aerial (Lilium)
(# Cos: 197 | $4.5B)
Vertical Take-Off And Landing
(Joby Aviation)
(# Cos: 72 | $4.1B)
Joby Aviation
(2009, United States, $690M)
Lilium
(2015, Germany, $375M)
Volocopter
(2011, Germany, $725M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
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
BETA (2012, United States)
Undisclosed - Series B - Jun 2022
Dufour Aerospace (2017, Switzerland)
Undisclosed - Series B - Jan 2023

32. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electrical Aircraft
24
32
Back to index
Aerospace Tech (Lilium)
(# Cos: 738 | $5.1B)
Electric Aircraft (Joby Aviation)
(# Cos: 228 | $3.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$234M (▼83.1%)
19(▲5.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$3.1B
78
5
228
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.
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
Heart Aerospace (2018, Sweden)
$10.0M - Series A - Sep 2022
View all 19 Funding Rounds on Tracxn Platform

33. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Solar Products Retailing
25
33
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$232M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$404M
5
-
37
2
Renewable Energy Tech (First Solar)
(# Cos: 3002 | $21.8B)
Solar Energy (SolarEdge)
(# Cos: 1527 | $12.2B)
ECommerce (Solfácil)
(# Cos: 134 | $1.2B)
Products (Enpal)
(# Cos: 43 | $949M)
Retail (Waaree)
(# Cos: 37 | $404M)
Waaree
(1989, India, $143M)
zolar
(2016, Germany, $176M)
Milk the Sun
(2011, Germany, $82.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Waaree (1989, India)
$127M - Series C - Sep 2022
zolar (2016, Germany)
$105M - Series C - May 2022

34. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Hydrogen Electrolyzers
26
34
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$225M (▲60.6%)
17(▲21.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$883M
51
5
108
12
Energy Storage Tech (ChargePoint)
(# Cos: 5197 | $42.3B)
Hydrogen (Nel Hydrogen)
(# Cos: 305 | $2.7B)
Hydrogen Generation (BayoTech)
(# Cos: 162 | $1.8B)
Electrolysis (Lhyfe)
(# Cos: 108 | $883M)
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
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
H2SITE (2019, Spain)
$13.2M - Series A - Jun 2022
Marvel-Tech (2015)
$7.3M - Seed - Aug 2022
Advanced Ionics (2017, United States)
$4.2M - Series B - Apr 2022
View all 17 Funding Rounds on Tracxn Platform

35. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric 3 wheeler Cargo Manufacturers
27
35
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$211M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$319M
20
1
55
5
Electric Vehicles (Lime)
(# Cos: 9852 | $86.5B)
Automaker (Tesla)
(# Cos: 4443 | $62.6B)
Commercial Vehicles (Arrival)
(# Cos: 604 | $6.8B)
Light Commercial Vehicles (Altigreen)
(# Cos: 403 | $2.6B)
Cargo Vehicles (Nuro)
(# Cos: 72 | $2.5B)
Three Wheelers (Euler Motors)
(# Cos: 55 | $319M)
Euler Motors
(2015, India, $97.6M)
Altigreen
(2013, India, $48.8M)
Omega Seiki Mobility
(2019, India)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TI Clean Mobility (2022, India)
$145M - Series D - Feb 2023
Euler Motors (2015, India)
$60.0M - Series C - Oct 2022
ONO (2017, Germany)
$6.3M - Series A - Dec 2022
Selex (2018, Vietnam)
$3.0M - Convertible Debt - Apr 2023
Gaius (2010, Taiwan)
Undisclosed - Seed - Jun 2022

36. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Microfinance Providers
28
36
Back to index
Microfinance (Fusion Microfinance)
(# Cos: 713 | $3.8B)
Microcredit (Fincare Small Finance Bank)
(# Cos: 701 | $3.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$211M (▼53.7%)
9(▼35.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
27
$3.8B
174
13
701
10
Fincare Small Finance ..
(2007, India, $195M)
Fusion Microfinance
(2010, India, $202M)
Satyamicrocapital
(2016, India, $115M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Arohan (2006, India)
$89.2M - Series C - Mar 2023
Gojo (2014, Japan)
$48.0M - Series E - Nov 2022
Light Microfinance (2009, India)
$24.6M - Series B - Sep 2022
Avanti (2016, India)
$24.0M - Series B - Apr 2023
Annapurna Finance (2009, India)
$15.0M - Series E - Jun 2022
Muthoot Microfin (2010, India)
$10.0M - Series B - Sep 2022
Djoin (2020, Indonesia)
$1.0M - Seed - Jul 2022
View all 9 Funding Rounds on Tracxn Platform

37. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Enzyme based Carbon Sequestration
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M (▼44%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$637M
3
1
3
1
Air Pollution Management Tech (iRobot)
(# Cos: 2146 | $10.9B)
Carbon Management (Carbon Clean)
(# Cos: 1072 | $8.4B)
Carbon Capture (LanzaTech)
(# Cos: 253 | $6.0B)
Carbon Sequestration (Climeworks)
(# Cos: 45 | $2.1B)
BioTech (Living Carbon)
(# Cos: 7 | $677M)
Enzymes (Solugen)
(# Cos: 3 | $637M)
Solugen
(2016, United States, $637M)
CO2 Solutions
(1997, Canada)
Arrhenius
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Solugen (2016, United States)
$200M - Series D - Nov 2022

38. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Motorcycle Manufacturers
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M (▼25.5%)
20(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$864M
70
2
227
9
Electric Vehicles (Lime)
(# Cos: 9852 | $86.5B)
Automaker (Tesla)
(# Cos: 4443 | $62.6B)
Two Wheelers (Ather Energy)
(# Cos: 912 | $3.7B)
Motorcycles (Damon)
(# Cos: 227 | $864M)
Damon
(2017, Canada, $65.5M)
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
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
Verge Motorcycles (2019, Finland)
$5.3M - Series A - Feb 2023
View all 20 Funding Rounds on Tracxn Platform

39. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Commercial Building Energy
Management Systems
31
39
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$169M (▼39.7%)
24(▼31.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
94
$3.1B
347
11
1103
33
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6820 | $24.1B)
Energy Management System (Alarm.com)
(# Cos: 3006 | $9.1B)
Building Automation Systems (Schneider
Electric)
(# Cos: 1979 | $6.1B)
BEMS (GridPoint)
(# Cos: 1103 | $3.1B)
GridPoint
(2003, United States, $539M)
Landis+Gyr
(1896, Switzerland, $1.0B)
mCloud
(2010, Canada)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Infogrid (2018, United Kingdom)
$90.0M - Series B - Apr 2023
Willow (2017, Australia)
$28.8M - Series A - Dec 2022
Operto (2005, Canada)
$25.0M - Series B - Mar 2023
Kterio (2020, United Kingdom)
$10.0M - Series A - Aug 2022
Virtual Facil.. (2017, United States)
$9.0M - Seed - Jun 2022
Beeldi (2017, France)
$8.3M - Series A - Nov 2022
KODE Labs (2017, United States)
$8.0M - Series A - Aug 2022
View all 24 Funding Rounds on Tracxn Platform

40. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Charging Station Management Software
32
40
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$164M (▲1.9%)
23(▼11.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$593M
82
-
237
17
Electric Vehicles (Lime)
(# Cos: 9852 | $86.5B)
Charging Solutions (FreeWire)
(# Cos: 1906 | $7.4B)
Station Network (Volta)
(# Cos: 866 | $4.9B)
Charging (ChargePoint)
(# Cos: 823 | $4.3B)
Station Management IT (EV Connect)
(# Cos: 237 | $593M)
EV Connect
(2009, United States, $49.9M)
SWTCH
(2018, Canada, $10.8M)
Weave Grid
(2018, United States, $50.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Virta (2013, Finland)
$94.0M - Series D - Apr 2023
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)
$10.0M - Series A - Apr 2023
$15.0M - Series A - May 2022
AMPECO (2018, Bulgaria)
$13.0M - Series A - Jan 2023
View all 24 Funding Rounds on Tracxn Platform

41. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Bicycle Manufacturers
33
41
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$158M (▼63.5%)
27(▲22.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
24
$1.1B
121
-
1040
13
Electric Vehicles (Lime)
(# Cos: 9852 | $86.5B)
Automaker (Tesla)
(# Cos: 4443 | $62.6B)
Light Electric Vehicles (Segway)
(# Cos: 1593 | $1.4B)
Bicycles (Rad Power Bikes)
(# Cos: 1040 | $1.1B)
Rad Power Bikes
(2007, United States, $329M)
Cowboy
(2017, Belgium, $137M)
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 (2017, France)
$15.9M - Series B - Oct 2022
Cowboy (2017, Belgium)
$10.5M - Series C - Mar 2023
Velotric (2021, United States)
$7.4M - Series A - Feb 2023
Ride1Up (2018, United States)
$6.5M - Series A - Sep 2022
View all 27 Funding Rounds on Tracxn Platform

42. 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
34
42
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Water and Wastewater Management Tech
(DrinkPrime)
(# Cos: 1565 | $3.6B)
Smart Water Grids (WaterSmart Environmental)
(# Cos: 86 | $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.

43. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Affordable Housing Loans
35
43
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Affordable Housing (India Shelter Finance Corporation)
(# Cos: 4683 | $1.7B)
Financing (Aptus Value Housing Finance India)
(# Cos: 172 | $703M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$143M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$703M
24
8
172
4
Aptus Value Housing Fi..
(2009, India, $196M)
India Shelter Finance ..
(2010, India, $111M)
Aadhar Housing Finance
(2010, India, $17.7M)
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
Aviom (2016, India)
$30.0M - Series D - Mar 2023
Brazos Reside.. (2021, United States)
$1.3M - Seed - Jun 2022

44. 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
36
44
Back to index
Advanced Materials (Aspen Aerogel)
(# Cos: 1756 | $12.0B)
Textile (Evrnu)
(# Cos: 28 | $237M)
Sustainable Fabrics (Rubi)
(# Cos: 26 | $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
3
$230M
19
-
26
3
Rubi
(2020, United States, $13.5M)
Evrnu
(2014, United States, $26.0M)
EnviroFlight
(2009, United States)
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
Hepatitis Drugs
37
45
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 (CureVac)
(# Cos: 2249 | $32.1B)
Drugs (Spero Therapeutics)
(# Cos: 1259 | $27.0B)
Viral (Moderna)
(# Cos: 611 | $14.1B)
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

46. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Waste Sorting Robots
38
46
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$129M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$319M
17
-
24
4
Solid Waste Management Tech (Crusoe Energy)
(# Cos: 1718 | $9.4B)
Recycling (Lohum)
(# Cos: 546 | $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

47. 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
39
47
Back to index
Smart Grid (Octopus Energy)
(# Cos: 2333 | $12.4B)
Advanced Metering Infrastructure
(CyanConnode)
(# Cos: 685 | $1.2B)
Smart Meters (Sense)
(# Cos: 408 | $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
67
9
408
7
Sense
(2013, United States, $195M)
Discovergy
(2009, Germany, $25.5M)
Gram Power
(2010, India)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

48. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Vayyar (2011, Israel)
$108M - Series E - Jun 2022
sonio (2020, France)
$8.0M - Series A - Dec 2022
$5.3M - Series A - Jun 2022
Vara (2016, Germany)
$4.4M - Series A - Oct 2022
Radiological Image Analysis Software
40
48
Back to index
Clinical Labs IT (Siemens Healthineers)
(# Cos: 2554 | $7.7B)
Radiology (Vayyar)
(# Cos: 22 | $389M)
Image Analysis (Kheiron Medical
Technologies)
(# Cos: 22 | $389M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$121M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$389M
16
-
22
5
Kheiron Medical Techno..
(2016, United Kingdom, $27.9M)
Vayyar
(2011, Israel, $300M)
ScreenPoint
(2014, Netherlands, $33.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

49. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Drugs for Women Health
41
49
Back to index
Women Health (Hologic)
(# Cos: 828 | $7.5B)
Drugs (ArsenalBio)
(# Cos: 138 | $2.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$119M ( -- )
12( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$2.0B
97
18
138
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 12 Funding Rounds on Tracxn Platform

50. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Breast Cancer Imaging Devices
42
50
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$108M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$330M
7
-
10
3
Oncology (Guardant Health)
(# Cos: 5339 | $119B)
Medical Devices (UE LifeSciences)
(# Cos: 10 | $330M)
Imaging (Vayyar)
(# Cos: 10 | $330M)
Breast Cancer (Niramai)
(# Cos: 10 | $330M)
Niramai
(2016, India, $14.0M)
Vayyar
(2011, Israel, $300M)
UE LifeSciences
(2009, United States, $4.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Vayyar (2011, Israel)
$108M - Series E - Jun 2022

51. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Truck Manufacturers
43
51
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$97.3M (▼68.7%)
8(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$2.3B
22
4
44
8
Electric Vehicles (Lime)
(# Cos: 9852 | $86.5B)
Automaker (Tesla)
(# Cos: 4443 | $62.6B)
Commercial Vehicles (Nuro)
(# Cos: 604 | $6.8B)
Trucks (Nikola Motor)
(# Cos: 44 | $2.3B)
Nikola Motor
(2014, United States, $760M)
Einride
(2016, Sweden, $652M)
Tevva
(2013, United Kingdom, $143M)
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
DeepWay (2002, China)
$112M - Series A - Mar 2023
$67.3M - Series A - Aug 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
View all 8 Funding Rounds on Tracxn Platform

52. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Home Energy Management Systems
44
52
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$96.0M (▼57.9%)
1(▼87.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$1.2B
68
3
233
13
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6820 | $24.1B)
Energy Management System (SmartRent)
(# Cos: 3006 | $9.1B)
Building Automation Systems (Schneider
Electric)
(# Cos: 1979 | $6.1B)
HEMS (Alarm.com)
(# Cos: 233 | $1.2B)
Alarm.com
(2000, United States, $137M)
SmartRent
(2017, United States, $138M)
Ajax Systems
(2011, United States, $11.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Span.IO (2014, United States)
$96.0M - Series B - Mar 2023

53. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Yulu (2017, India)
$83.0M - Series B - Sep 2022
GetHenry (2018, Germany)
$10.6M - Seed - May 2022
Xiaoxiang Vehicle (China)
$3.0M - Series A - May 2022
Zoomo (2017, Australia)
Undisclosed - Series B - Jul 2022
Electric Bicycle Rentals
45
53
Back to index
Electric Vehicles (TIER)
(# Cos: 9852 | $86.5B)
Vehicle as a Service (Lime)
(# Cos: 1297 | $7.5B)
Bicycles (Yulu)
(# Cos: 245 | $496M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$93.6M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$496M
33
-
245
7
Yulu
(2017, India, $105M)
Tembici
(2010, Brazil, $127M)
Wheels
(2017, United States, $92.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

54. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Maven (2014, United States)
$90.0M - Series E - Nov 2022
Apryl (2019, Germany)
$4.3M - Seed - Apr 2022
Employee Family Benefits Management
46
54
Back to index
Employee Health IT (Gympass)
(# Cos: 4168 | $26.1B)
Healthcare Benefits Administration (Ovia
Health)
(# Cos: 8 | $541M)
Family Benefits (Maven)
(# Cos: 7 | $538M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$90.0M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$538M
7
1
7
3
Maven
(2014, United States, $300M)
Ovia Health
(2012, United States, $23.5M)
Progyny
(2008, United States, $67.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

55. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
COVID-19 Drugs
47
55
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$87.4M (▼78.5%)
7(▼41.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.9B
62
10
121
15
Infectious Diseases (CureVac)
(# Cos: 2249 | $32.1B)
Drugs (Spero Therapeutics)
(# Cos: 1259 | $27.0B)
Viral (Moderna)
(# Cos: 611 | $14.1B)
COVID-19 (Scailyte)
(# Cos: 121 | $1.9B)
Scailyte
(2017, Switzerland, $12.3M)
Vaxxinity
(2019, United States, $27.0M)
Adagio
(2020, United States, $466M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
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
RocketVax (2020, Switzerland)
Undisclosed - Seed - Feb 2023
PureIMS (2014, Netherlands)
Undisclosed - Seed - Apr 2023

56. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Dumper Manufacturers
48
56
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: 9852 | $86.5B)
Automaker (Tesla)
(# Cos: 4443 | $62.6B)
Off Highway Vehicles (Rivian)
(# Cos: 114 | $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

57. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Sympower (2015, Estonia)
$3.1M - Series B - Nov 2022
$22.3M - Series B - Jul 2022
Recurve (2004, United States)
$18.0M - Series B - Aug 2022
$19.0M - Series B - May 2022
Piclo (2013, United Kingdom)
$10.2M - Series B - Mar 2023
Grid Flexibility Marketplace
49
57
Back to index
Smart Grid (Octopus Energy)
(# Cos: 2333 | $12.4B)
Flexibility Services (Recurve)
(# Cos: 9 | $129M)
Marketplace (Sympower)
(# Cos: 5 | $107M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$72.6M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$107M
3
-
5
2
Sympower
(2015, Estonia, $36.1M)
Recurve
(2004, United States, $51.0M)
Piclo
(2013, United Kingdom, $19.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

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.
Sustainability Tech - Top Business Models Report
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