Gates: 2024 was a big step for climate tech, now is the time for VC to snag 'garage' innovators
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Gates: 2024 was a big step for climate tech, now is the time for VC to snag 'garage' innovators

Business Insider


  • Bill Gates said 2024 brought a corporate "pivot" toward climate tech, in a foreword to a new report.

  • The report, by Gates's firm Breakthrough Energy, urged VCs to "prime the pump" on climate startups.

  • While new climate tech emerges, proven solutions like solar energy still need help proliferating.

This has been a big year for the technologies that could save our planet.

America's first large offshore wind farm began powering homes. The Bill Gates-backed startup Graphyte opened its first carbon-removal plant in Arkansas. Another startup, Sublime Systems, secured a site and funding for its first low-carbon cement manufacturing facility.

There's also been a "corporate climate pivot," according to a report by Breakthrough Energy, a climate investment firm and startup catalyzer founded by Gates.


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