Europe is at the forefront of the fight against climate change, and a hotbed of innovation when it comes to finding new ways to tackle this global challenge. With its rich history of scientific and technological advancement, the region has the potential to play a major role in the development of climate tech startups and to be a leader in the transition to a sustainable future.
There is a notable shift this past decade that can be observed regarding the entrepreneurs running a Climate Tech Startup: entrepreneurs before were frequently environmental activists founding their businesses, while now they are second and third-generation entrepreneurs who have decided to dedicate their business skills to create impact-driven businesses.
One of the most important things to understand about the climate tech startup scene is that it's not just about the companies themselves, but also about the ecosystem that supports them. There is a wealth of talent and expertise in Europe when it comes to finding and developing new solutions to the complex problems posed by climate change, but this talent needs to be harnessed and directed in the right ways.
The key to unlocking the full potential of Europe's climate tech startups is to identify the most promising solutions and then help them grow and scale.
This can be done through a number of different means, including:
- Networking and collaboration: Encouraging startups to connect with each other and other key players in the ecosystem, such as investors, researchers, and policymakers, is critical to their success. By fostering these relationships, startups can access new sources of funding, knowledge, and support, helping them grow and develop their solutions.
- Incubation and acceleration programs: By providing early-stage startups with resources, mentorship, and training, incubation and acceleration programs such as Founder Institute, Impact Hub, Unreasonable, Startupbootcamp, Makesense, CleanTech Open, SDSN Youth, EIT Food, Ashoka, and ChangemakerXchange can help them establish a solid foundation and grow their businesses. Many of these programs also provide opportunities for startups to connect with investors, which can be crucial for securing the capital they need to succeed.
- Government support: Governments play a key role in shaping the climate tech startup ecosystem by providing funding, tax incentives, and other forms of support. By working closely with startups, governments can help to identify areas where they can provide the most value, and create policies that help these companies thrive.
By leveraging these key elements of the ecosystem, Europe has the potential to create an environment where climate tech startups can flourish. The result will be a thriving sector that generates new jobs, drives innovation, and contributes to a more sustainable future.
At ChangeNOW, the world’s largest event of solutions for the planet held in Paris May 25-27, 2023, Climate Tech Startups have the ability to bring about real change. Santiago Lefebvre, CEO and Founder of ChangeNOW, is dedicated to backing and elevating these innovative companies in Europe:
“Today, we stand at a pivotal moment in history: we have to succeed at transforming our world. At ChangeNOW, we are excited to bring together the doers and leaders from all around the world to accelerate the deployment of concrete solutions.”
ChangeNOW is an invaluable opportunity for climate tech startups to grow and scale, as the summit builds bridges by bringing together a more connected and supportive ecosystem.
Climate Tech Solutions present at ChangeNOW 2023:
Genesis: The pioneering soil health rating agency that provides businesses with a scientific understanding of their ecological impact through its comprehensive platform. Its goal is to promote greener sourcing by helping companies understand the impact they have on the environment.
Enapter: A developer of Anion Exchange Membrane (AEM) electrolyzers for green hydrogen production from renewable electricity. Their aim is to make green hydrogen accessible and affordable with their patented, scalable technology.
Reforestum: Assists companies in identifying, evaluating, and managing their certified carbon sequestration projects. It offers an efficient way for companies to reliably deliver carbon impact and additional benefits that are transparent and easy for everyone, including the general public, to understand and relate to.
Fruggr: A SaaS solution that evaluates a company's digital footprint using three KPIs: carbon, social, and ethics impact. It measures the digital accessibility of the company's entire value chain, helping businesses strive for a positive impact.
Netcarbon: Combines satellite data and artificial intelligence to offer a cutting-edge carbon capture measurement solution. Its algorithms surpass mere measurement by aiding in the increased capture of carbon through the precise placement of vegetation.
Discover other solutions present at ChangeNOW 2023.
Do you wish to pitch/exhibit at ChangeNOW 2023? There’s still time! Our third round of Call For Solutions ends on March 30, 2023.
By participating in the ChangeNOW Summit 2023, May 25-27, 2023 in Paris, startups have the opportunity to network with industry leaders, access funding and support, and stay ahead of the curve by learning about the latest trends and innovations. The summit offers a platform for startups to showcase their solutions, connect with potential partners, and secure funding from traditional venture capital firms and impact-focused investors.
Grab your ticket now, and get up to 40% off thanks to the Super Early Bird Special.