May 2024 Funding Highlights

May'24 witnessed a remarkable $2.4 Bn investment in climate tech, with India raising $177 Mn, constituting ~7.5% of the total global investment. Additionally, >50% of investments flowed into Mobility and Renewable Energy sector which comprises ~35% of total funding rounds. Leading the global push towards sustainability were the US and China, while India secured the 4th position. Key players Zeekr and HIF Global are at the forefront of the Mobility and Renewable Sector. As we delve into these advancements, let us join the ongoing discussion on climate resilience.