Q3 delivered just shy of $20B of Climate Tech Venture Capital, as much as Q1 and Q2 combined. We expect Q4 to be strong and continue the momentum, with a reasonable probability we'll push beyond $50B of Climate Tech VC for 2023. With a strong baseline and the upward march from 2016, we may even see 2024 trump the prior highs.
Exhibit 1.
![](https://cdn.prod.website-files.com/620ed79721f9271deec09721/652b9304f9121f403bcf9afb_CQ3%2023%20Deal%20Analysis.png)