The document is a report on sustainability tech business models and funding from Tracxn Technologies. It provides an overview of funding for various sustainability business models over the last year, including the top funded models such as lithium battery recycling, electric car manufacturers, and EV battery manufacturers. For each top model it lists the amount invested, number of funding rounds, and details of some notable funding rounds including the company names, locations, amounts, and dates.

1. TRACXN TOP BUSINESS MODELS REPORT
September 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 $8.8B
Circular Economy $5.1B
Solid Waste Management Tech $3.7B
Renewable Energy Tech $3.6B
Air Pollution Management Tech $3.2B
Solar Energy Tech $1.8B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Antler
Alchemist Accelerator
Speedinvest
12
9
9
Early
Stage
Lowercarbon Capital
Fifth Wall
BP Ventures
16
9
8
Late
Stage
Temasek
Breakthrough Energy
S2G Ventures
8
5
5
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (42%)
India (8%)
China (7%)
France (7%)
Sweden (7%)
Germany (6%)
United Kingdom (6%)
Others (17%)
$ Funding # Rounds
Northvolt
(2016, Sweden)
$1.2B - Series D
Redwood Materials
(2017, United States)
$1.0B - Series D
Verkor
(2020, France)
$913M - Series C
Voyah
(2020, China)
$637M - Series A
Clean Capital
(2015, United States)
$500M - Series B
LanzaTech
(2005, United States)
$500M - Series F
1KOMMA5
(2021, Germany)
$472M - Series B
Ascend Elements
(2015, United States)
$460M - Series D
Form Energy
(2009, United States)
$450M - Series E
Levdeo
(2008, China)
$447M - Series A
Avatr.com
(2007, 410000000)
$NaNM -
avatr.com
Northvolt
(2016, Sweden)
$400M - Series C

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-- Lithium Battery Recycling $1.7B 6 Redwood Mater.. | $1.0B | Series D Link
2▼1 Electric Car Manufacturers $1.5B 11 Voyah | $637M | Series A Link
3▲20 EV Battery Manufacturers $1.3B 13 Verkor | $913M | Series C Link
4▲36 Automotive Batteries Manufacturers $1.2B 7 Verkor | $913M | Series C Link
5▲3 Electric Scooter Manufacturers $911M 23 Ola Electric | $300M | Series D Link
6▲21 Fuel From Waste $635M 11 LanzaTech | $500M | Series F Link
7▲11 Antibiotics $571M 16 Everest Medic.. | $280M | Series D Link
8-- Energy Efficiency Project Management $387M 10 Redaptive | $250M | Series E Link
9▲3 Hydrogen Electrolyzers $365M 16 Ohmium | $250M | Series C Link
10▲9 Electric Vehicle Charger Manufacturers $364M 26 Span.IO | $96.5M | 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▼2 Carbon Sequestration By Adsorption $339M 6 Svante | $318M | Series E Link
12-- Autonomous Drone Delivery $330M 3 Zipline | $330M | Series F Link
13▲29 Charging Station Management Software $311M 21 Virta | $71.9M | Series D Link
14-- Electric 4W Li-Ion Battery $300M 2 One | $300M | Series B Link
15▼4 Carbon Credit Trading Platform $299M 50 Xpansiv | $125M | Series D Link
16▼6 Carbon Footprint Awareness $278M 44 Persefoni | $50.0M | Series C Link
17▼11 Electrical Aircraft $256M 20 ZeroAvia | $80.2M | Series C Link
18▼13 eVTOL Manufacturers $250M 4 Volocopter | $182M | Series E Link
19-- Industrial Wastewater Treatment $233M 5 Gradiant | $225M | Series D Link
20▲10 Electric Motorcycle Manufacturers $214M 14 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.

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▲10 Microfinance Providers $203M 8 Arohan | $89.2M | Series C Link
22-- Green Chemicals $200M 3 LanzaTech | $500M | Series F Link
23-- Enzymatic Systems for CO2 Capture $200M 1 Solugen | $200M | Series D Link
24▼10 Self-Driving Delivery Vehicles $200M 2 Einride | $200M | Series C Link
25-- Sustainable Fabrics $168M 7 Newlight Tech.. | $125M | Series F Link
26-- Affordable Housing Developers $161M 6 Clanmil Housing | $111M | Series D Link
27▼25 Carbon Capture Technologies $161M 28 LanzaTech | $500M | Series F Link
28▼2 Electric Bicycle Manufacturers $153M 23 TENWAYS | $43.9M | Series A Link
29▼1 Commercial Energy Management $152M 16 Infogrid | $90.0M | Series B Link
30-- Electric Rickshaw Manufacturers $146M 2 TI Clean Mobi.. | $145M | Series D 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-- Weather Forecasting Systems $144M 9 Tomorrow.io | $87.0M | Series E Link
32▲13 Plastic Waste Recyclers $143M 3 APK | $140M | Series D Link
33▲4 Utility Data Management $130M 2 Arcadia | $129M | Series D Link
34▼2 Solar Panels Design Software $125M 4 PVcase | $100M | Series B Link
35-- Geothermal Energy Generation System $114M 5 Dandelion | $70.0M | Series B Link
36-- Carbon-Capturing Concrete $107M 5 CarbonCure | $80.0M | Series E Link
37-- Waste Sorting Robot $107M 3 AMP Robotics | $91.2M | Series C Link
38<> 0 Biodegradable Polymers $105M 14 Newlight Tech.. | $125M | Series F Link
39▼24 Drugs for Infectious Diseases $103M 15 Osteal Thera.. | $22.3M | Series B Link
40▼24 Diagnostic Tests for Infections $101M 7 SpeeDx | $26.0M | Series C 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▲3 Home Energy Management $96.5M 2 Span.IO | $96.5M | Series B Link
42-- Employee Family Benefits $90.0M 4 Maven | $90.0M | Series E Link
43-- Electric Dumper Manufacturers $84.7M 1 Boreton Tech.. | $84.7M | Series C Link
44-- Electric Propulsion Systems $84.0M 7 H55 | $50.2M | Series C Link
45-- Drugs for Reproductive Disorders $83.6M 9 Comanche | $36.1M | Series C Link
46-- Smart Solid Waste Bins $82.1M 3 Mill | $70.0M | Series C Link
47-- Water Pipeline Monitoring $79.0M 4 GHGSat | $44.0M | Series C Link
48-- Electric Cargo 3W Manufacturer $73.5M 5 Euler Motors | $60.0M | Series C Link
49-- Food Waste Organic Fertilizers $70.0M 1 Ostara | $70.0M | Series C Link
50-- Biological Wastewater Treatment $62.6M 3 SuperBAC | $62.6M | Unattributed 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
Lithium Battery Recycling
01
9
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.7B ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$2.9B
19
2
24
4
Solid Waste Management Tech (Crusoe)
(# Cos: 1941 | $12.2B)
Recycling (Lohum)
(# Cos: 640 | $6.0B)
Tech Enabled Recyclers (Ecovative)
(# Cos: 146 | $3.9B)
Lithium (Redwood Materials)
(# Cos: 24 | $2.9B)
Redwood Materials
(2017, United States, $2.0B)
Ascend Elements
(2015, United States, $843M)
Lithion Recycling
(2018, Canada, $15.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Redwood Mater.. (2017, United States)
$1.0B - Series D - Aug 2023
Ascend Elements (2015, United States)
$460M - Series D - Sep 2023
$82.0M - Series D - Jul 2023
$200M - Series C - Oct 2022
NEU Battery Mater.. (2021, Singapore)
$3.1M - Series A - Jun 2023
Metastable Materials (2021, India)
Undisclosed - Seed - Apr 2023

10. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Voyah (2020, China)
$637M - Series A - Nov 2022
Levdeo (2008, China)
$447M - Series A - Nov 2022
Avatr.com (2007)
$410M - Series B - Aug 2023
Mahindra Electric Aut.. (2023, India)
$14.5M - Series B - Aug 2023
Lightyear (2016, Netherlands)
$8.6M - Series B - Feb 2023
Kate (2022, France)
$7.6M - Seed - Apr 2023
Aptera Motors (2005, United States)
$3.1M - Series C - Feb 2023
View all 11 Funding Rounds on Tracxn Platform
Electric Car Manufacturers
02
10
Back to index
Electric Vehicles (Lime)
(# Cos: 10356 | $91.2B)
Automaker (Ather Energy)
(# Cos: 4724 | $65.2B)
Cars (Tesla)
(# Cos: 346 | $34.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.5B (▼28.5%)
11(▼42.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$34.4B
95
14
346
22
Tesla
(2003, United States, $404M)
Xiaopeng
(2014, China, $2.6B)
Rimac Automobili
(2009, Croatia, $885M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

11. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
EV Battery Manufacturers
03
11
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.3B (▲299%)
13(▼56.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$5.5B
60
14
156
13
Electric Vehicles (Lime)
(# Cos: 10356 | $91.2B)
Components (KPIT)
(# Cos: 777 | $9.2B)
Batteries (Cygni Energy)
(# Cos: 282 | $7.2B)
Multi Category Vehicles (Log9
Materials)
(# Cos: 156 | $5.5B)
Log9 Materials
(2015, India, $89.2M)
Cygni Energy
(2014, India, $28.6M)
Lohum
(2017, India, $25.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Verkor (2020, France)
$913M - Series C - Sep 2023
$248M - Series C - Nov 2022
Iontra (2015, United States)
$46.9M - Series B - May 2023
Log9 Materials (2015, India)
$40.0M - Series B - Jan 2023
Ionblox (2017, United States)
$32.0M - Series B - Feb 2023
$24.0M - Series B - Oct 2022
Zhongke Motong (2019, China)
$14.1M - Series B - Nov 2022
View all 13 Funding Rounds on Tracxn Platform

12. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Verkor (2020, France)
$913M - Series C - Sep 2023
$248M - Series C - Nov 2022
One (2020, United States)
Undisclosed - Series B - Sep 2023
$300M - Series B - Feb 2023
Log9 Materials (2015, India)
$11.2M - Series B - Jan 2023
$40.0M - Series B - Jan 2023
EMO Energy (2022, India)
$1.2M - Seed - May 2023
Automotive Batteries Manufacturers
04
12
Back to index
Auto Components (Michelin)
(# Cos: 11504 | $13.3B)
Electrical and Electronic System
(QuantumScape)
(# Cos: 51 | $4.7B)
Battery (Log9 Materials)
(# Cos: 45 | $4.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.2B (▲557%)
7(▼58.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$4.7B
21
3
45
7
Log9 Materials
(2015, India, $89.2M)
QuantumScape
(2010, United States, $1.0B)
StoreDot
(2012, Israel, $226M)
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
Electric Scooter Manufacturers
05
13
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$911M (▲10.5%)
23(▼25.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$3.3B
92
5
442
19
Electric Vehicles (Lime)
(# Cos: 10356 | $91.2B)
Automaker (Tesla)
(# Cos: 4724 | $65.2B)
Two Wheelers (Ultraviolette)
(# Cos: 1000 | $4.3B)
Scooters (Ather Energy)
(# Cos: 442 | $3.3B)
Ather Energy
(2013, India, $445M)
Ampere Vehicles
(2008, India, $229M)
Ola Electric
(2017, India, $1.2B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ola Electric (2017, India)
$140M - Series D - Sep 2023
$300M - Series D - May 2023
One Moto (2018, United Arab Emirates)
$150M - Series D - Jan 2023
Ather Energy (2013, India)
$109M - Series F - Sep 2023
$50.0M - Series E - Oct 2022
ALVA (2021, Indonesia)
$50.0M - Series B - Aug 2023
Ray Electric Motors (2019, Spain)
$21.0M - Series A - Dec 2022
View all 23 Funding Rounds on Tracxn Platform

14. 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
Charm Industr.. (2018, United States)
$100M - Series B - Jun 2023
WasteFuel (2019, United States)
$10.0M - Series B - Jul 2023
$12.7M - Series A - Feb 2023
Sistema (2009, Kenya)
$10.0M - Series B - Oct 2022
Kvasir Technologies (2018, Denmark)
$2.4M - Seed - Apr 2023
WtE-As (2017, Spain)
Undisclosed - Series A - Dec 2022
View all 11 Funding Rounds on Tracxn Platform
Fuel From Waste
06
14
Back to index
Solid Waste Management Tech (Lohum)
(# Cos: 1941 | $12.2B)
Waste-To-Energy (Crusoe)
(# Cos: 198 | $4.2B)
Fuel (LanzaTech)
(# Cos: 116 | $2.9B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$635M (▲108%)
11(▲83.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$2.9B
66
3
116
12
LanzaTech
(2005, United States, $869M)
Charm Industrial
(2018, United States, $100M)
INENTEC
(1995, United States, $230M)
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
Everest Medic.. (2017, United States)
$280M - Series D - Mar 2023
Vedanta Biosc.. (2010, United States)
$107M - Series E - Apr 2023
BACTOLIFE (2017, Denmark)
$33.0M - Series A - Aug 2023
Prokarium (2012, United Kingdom)
$30.0M - Series C - Feb 2023
Pattern Biosc.. (2016, United States)
$28.7M - Series C - Apr 2023
Micreos (2005, Netherlands)
$24.6M - Series D - Oct 2022
Minervax (2010, Denmark)
$23.4M - Series B - Dec 2022
View all 16 Funding Rounds on Tracxn Platform
Antibiotics
07
15
Back to index
Infectious Diseases (Adaptive Biotechnologies)
(# Cos: 2308 | $32.1B)
Drugs (Moderna)
(# Cos: 1293 | $26.9B)
Bacterial (Spero Therapeutics)
(# Cos: 364 | $6.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$571M (▲36.2%)
16(▼38.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
42
$6.2B
269
38
364
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.

16. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Redaptive (2015, United States)
$250M - Series E - Mar 2023
ACCENTA (2017, France)
$116M - Series B - Sep 2023
BlocPower (2012, United States)
$24.4M - Series B - Jan 2023
Effy (2008, France)
$21.7M - Series A - Mar 2023
WindESCo (2012, United States)
$9.0M - Series B - Jul 2023
Urbanchain (2018, United Kingdom)
$6.5M - Series A - May 2023
Domatic (2019, United States)
$4.0M - Series A - Oct 2022
View all 10 Funding Rounds on Tracxn Platform
Energy Efficiency Project Management
08
16
Back to index
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6920 | $24.7B)
ESCO (Thermondo)
(# Cos: 566 | $1.3B)
Project Management (BlocPower)
(# Cos: 307 | $834M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$387M ( -- )
10( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$834M
59
3
307
8
BlocPower
(2012, United States, $250M)
Sparkfund
(2013, United States, $39.9M)
Urbanchain
(2018, United Kingdom, $6.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

17. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Hydrogen Electrolyzers
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$365M (▼40.4%)
16(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.8B
61
6
151
17
Energy Storage Tech (ChargePoint)
(# Cos: 5687 | $51.1B)
Hydrogen (Nel Hydrogen)
(# Cos: 377 | $3.9B)
Hydrogen Generation (Sunfire)
(# Cos: 216 | $3.1B)
Electrolysis (Lhyfe)
(# Cos: 151 | $1.8B)
Lhyfe
(2017, France, $96.9M)
Sunfire
(2010, Germany, $247M)
ITM Power
(2001, United Kingdom)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ohmium (2019, United States)
$250M - Series C - Apr 2023
Verdagy (2021, United States)
$73.0M - Series B - Aug 2023
Hystar (2020, Norway)
$26.0M - Series B - Jan 2023
Fabrum (2004, New Zealand)
$23.0M - Series A - Feb 2023
Advanced Ionics (2017, United States)
$12.5M - Series A - Aug 2023
Oort Energy (2021, United Kingdom)
$6.2M - Seed - Jun 2023
NewTrace (2020, India)
$5.7M - Seed - May 2023
View all 16 Funding Rounds on Tracxn Platform

18. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Span.IO (2014, United States)
$96.5M - Series B - Mar 2023
EO Charging (2014, United Kingdom)
$80.0M - Series B - Feb 2023
dcbel (2015, Canada)
$50.0M - Series B - Aug 2023
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
Indra (2011, United Kingdom)
$23.9M - Series B - Mar 2023
View all 26 Funding Rounds on Tracxn Platform
Electric Vehicle Charger Manufacturers
10
18
Back to index
Electric Vehicles (Lime)
(# Cos: 10356 | $91.2B)
Charging Solutions (ChargePoint)
(# Cos: 2011 | $8.2B)
Plug in Charging (Wallbox)
(# Cos: 753 | $1.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$364M (▼13.1%)
26(▼13.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
58
$1.8B
198
8
753
23
Wallbox
(2015, Spain, $70.2M)
FreeWire
(2014, United States, $228M)
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.

19. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Carbon Sequestration By Adsorption
11
19
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$339M (▼52.8%)
6( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.3B
22
-
30
3
Air Pollution Management Tech (iRobot)
(# Cos: 2352 | $13.0B)
Carbon Management (Watershed)
(# Cos: 1191 | $10.1B)
Carbon Capture (LanzaTech)
(# Cos: 295 | $7.2B)
Carbon Sequestration (Solugen)
(# Cos: 53 | $2.1B)
Adsorption (Climeworks)
(# Cos: 30 | $1.3B)
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
Nuada (2012, United Kingdom)
$4.4M - Series A - Jul 2023
Sustaera (2021, United States)
$750K - Series A - Jul 2023
Adsorbi (2022, Sweden)
$389K - Seed - Aug 2023
ION Engineering (2008, United States)
Undisclosed - Series A - Mar 2023

20. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Drone Delivery
12
20
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$330M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$943M
7
-
14
3
Logistics Tech (Grab)
(# Cos: 25132 | $116B)
Parcel (Magenta)
(# Cos: 108 | $1.1B)
Autonomous Robots (Manna)
(# Cos: 30 | $953M)
Drones (Zipline)
(# Cos: 14 | $943M)
Zipline
(2014, United States, $900M)
Manna
(2019, Ireland, $40.7M)
Redwing
(2018, India, $1.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zipline (2014, United States)
$330M - Series F - May 2023
Urban Ray (2020, Germany)
Undisclosed - Seed - May 2023
Manna (2019, Ireland)
Undisclosed - Series A - Mar 2023

21. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Charging Station Management Software
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$311M (▲80%)
21(▼22.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$705M
86
-
256
17
Electric Vehicles (Lime)
(# Cos: 10356 | $91.2B)
Charging Solutions (Wallbox)
(# Cos: 2011 | $8.2B)
Station Network (Magenta)
(# Cos: 911 | $5.3B)
Charging (ChargePoint)
(# Cos: 863 | $4.9B)
Station Management IT (EV Connect)
(# Cos: 256 | $705M)
EV Connect
(2009, United States, $49.9M)
ev.energy
(2018, United Kingdom, $63.0M)
SWTCH
(2018, Canada, $10.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Virta (2013, Finland)
$71.9M - Series D - Apr 2023
Weev (2022, United Kingdom)
$61.8M - Series C - May 2023
Xeal (2019, United States)
$40.0M - Series B - Nov 2022
Weave Grid (2018, United States)
$35.0M - Series B - Nov 2022
ev.energy (2018, United Kingdom)
$33.0M - Series B - Jul 2023
$17.2M - Series A - Apr 2023
AMPECO (2018, Bulgaria)
$13.0M - Series A - Jan 2023
View all 21 Funding Rounds on Tracxn Platform

22. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric 4W Li-Ion Battery
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$300M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$1.7B
16
7
60
2
Electric Vehicles (Lime)
(# Cos: 10356 | $91.2B)
Components (KPIT)
(# Cos: 777 | $9.2B)
Batteries (Log9 Materials)
(# Cos: 282 | $7.2B)
Four Wheelers (One)
(# Cos: 92 | $1.7B)
Diversified (A123 Systems)
(# Cos: 75 | $1.7B)
Lithium-Ion (Microvast)
(# Cos: 60 | $1.7B)
Microvast
(2006, United States, $430M)
A123 Systems
(2001, China, $201M)
One
(2020, United States, $390M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
One (2020, United States)
Undisclosed - Series B - Sep 2023
$300M - Series B - Feb 2023

23. 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
Sylvera (2020, United Kingdom)
$57.0M - Series B - Jul 2023
AirCarbon (2019, Singapore)
$50.0M - Series B - Nov 2022
Carbonplace (2020, United Kingdom)
$45.0M - Seed - Feb 2023
Isometric (2022, United Kingdom)
$25.0M - Seed - Jul 2023
SINAI (2017, United States)
$22.0M - Series A - Sep 2022
Cloverly (1999, United States)
$19.0M - Series A - May 2023
View all 50 Funding Rounds on Tracxn Platform
Carbon Credit Trading Platform
15
23
Back to index
Air Pollution Management Tech (iRobot)
(# Cos: 2352 | $13.0B)
Carbon Management (Watershed)
(# Cos: 1191 | $10.1B)
Carbon Offset Trading Platforms
(Xpansiv)
(# Cos: 410 | $1.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$299M (▼52.3%)
50(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$1.7B
150
-
410
17
Xpansiv
(2016, United States, $675M)
Sylvera
(2020, United Kingdom, $97.4M)
BeZero Carbon
(2020, United Kingdom, $77.2M)
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
Persefoni (2020, United States)
$50.0M - Series C - Aug 2023
Mombak (2021, Brazil)
$49.5M - Series C - Jun 2023
SustainCERT (2018, Luxembourg)
$37.0M - Series B - Jun 2023
Plan A (2017, Germany)
$27.0M - Series B - Sep 2023
Qarnot (2010, France)
$13.4M - Series C - Jan 2023
GreenPlaces (2021, United States)
$13.0M - Series A - Jun 2023
CarbonChain (2019, United Kingdom)
$12.0M - Series A - Jul 2023
View all 44 Funding Rounds on Tracxn Platform
Carbon Footprint Awareness
16
24
Back to index
Air Pollution Management Tech (iRobot)
(# Cos: 2352 | $13.0B)
Carbon Management (ZeroNorth)
(# Cos: 1191 | $10.1B)
Carbon Footprint Awareness
(Watershed)
(# Cos: 476 | $1.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$278M (▼56.3%)
44(▼4.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$1.1B
155
1
476
16
Watershed
(2019, United States, $70.0M)
ZeroNorth
(2014, Denmark, $60.5M)
Plan A
(2017, Germany, $40.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

25. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electrical Aircraft
17
25
Back to index
Aerospace Tech (Thales)
(# Cos: 789 | $5.6B)
Electric Aircraft (ideaForge)
(# Cos: 241 | $3.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$256M (▼79.1%)
20(▼9.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$3.4B
82
6
241
14
ideaForge
(2007, India, $47.2M)
Joby Aviation
(2009, United States, $690M)
Lilium
(2015, Germany, $375M)
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
SkyDrive (2018, Japan)
$66.6M - Series C - Sep 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
PLANA (2021, South Korea)
$8.3M - Seed - Oct 2022
View all 20 Funding Rounds on Tracxn Platform

26. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
eVTOL Manufacturers
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$250M (▼83.3%)
4(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$5.2B
47
6
70
7
Electric Vehicles (Lime)
(# Cos: 10356 | $91.2B)
Automaker (Tesla)
(# Cos: 4724 | $65.2B)
Aerial (Lilium)
(# Cos: 194 | $5.5B)
Vertical Take-Off And Landing
(Joby Aviation)
(# Cos: 70 | $5.2B)
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
Dufour Aerospace (2017, Switzerland)
Undisclosed - Series B - Jan 2023

27. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Industrial Wastewater Treatment
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$233M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$521M
41
4
70
2
Water and Wastewater Management Tech (Ecozen
Solutions)
(# Cos: 1711 | $4.1B)
Water Treatment (Solugen)
(# Cos: 331 | $1.8B)
Commercial (Gradiant)
(# Cos: 243 | $903M)
Diversified (SUEZ)
(# Cos: 70 | $521M)
SUEZ
(1869, France)
Gradiant
(2013, United States, $400M)
Evoqua
(2013, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Gradiant (2013, United States)
$225M - Series D - May 2023
Purecontrol (2017, France)
$7.5M - Series A - May 2023
ElectraMet (2014, United States)
$677K - Series B - Jan 2023
DigitalPaani (2020, India)
Undisclosed - Seed - Nov 2022
BlueActivity (2021, Germany)
Undisclosed - Seed - Jan 2023

28. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Motorcycle Manufacturers
20
28
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$214M (▼13.8%)
14(▼41.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$909M
75
2
236
11
Electric Vehicles (Lime)
(# Cos: 10356 | $91.2B)
Automaker (Tesla)
(# Cos: 4724 | $65.2B)
Two Wheelers (Ather Energy)
(# Cos: 1000 | $4.3B)
Motorcycles (Ultraviolette)
(# Cos: 236 | $909M)
Ultraviolette
(2016, India, $63.7M)
Damon
(2017, Canada, $65.5M)
Zero Motorcycles
(2006, United States, $454M)
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
MAKA (2022, Indonesia)
$37.6M - Seed - Jul 2023
Ultraviolette (2016, India)
$24.0M - Series D - Nov 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 (2018, Estonia)
$5.3M - Series A - Feb 2023
View all 14 Funding Rounds on Tracxn Platform

29. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Microfinance Providers
21
29
Back to index
Microfinance (Fusion Microfinance)
(# Cos: 735 | $4.1B)
Microcredit (Fincare Small Finance Bank)
(# Cos: 722 | $4.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$203M (▼17.5%)
8(▼46.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
29
$4.0B
178
14
722
10
Fincare Small Finance ..
(2007, India, $195M)
Fusion Microfinance
(2010, India, $202M)
Muthoot Microfin
(2010, India, $108M)
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)
$30.8M - Series E - Aug 2023
$23.0M - Series E - Feb 2023
$48.0M - Series E - Nov 2022
Avanti (2016, India)
$24.0M - Series B - Dec 2022
Muthoot Microfin (2010, India)
$10.0M - Series B - Sep 2022
OXUS (2005, France)
$1.6M - Seed - Jul 2023
View all 8 Funding Rounds on Tracxn Platform

30. 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
Solugen (2016, United States)
$200M - Series D - Nov 2022
Visolis (2012, United States)
Undisclosed - Seed - Jan 2023
Green Chemicals
22
30
Back to index
Chemicals Tech (Indigo)
(# Cos: 1647 | $10.0B)
Green Chemicals (Solugen)
(# Cos: 67 | $1.8B)
Diversified (LanzaTech)
(# Cos: 21 | $1.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.6B
19
1
21
4
LanzaTech
(2005, United States, $869M)
Solugen
(2016, United States, $637M)
String Bio
(2013, India, $24.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

31. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Enzymatic Systems for CO2 Capture
23
31
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$637M
3
1
3
1
Air Pollution Management Tech (iRobot)
(# Cos: 2352 | $13.0B)
Carbon Management (Watershed)
(# Cos: 1191 | $10.1B)
Carbon Capture (LanzaTech)
(# Cos: 295 | $7.2B)
Carbon Sequestration (Climeworks)
(# Cos: 53 | $2.1B)
BioTech (Living Carbon)
(# Cos: 9 | $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

32. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Self-Driving Delivery Vehicles
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M (▼66.7%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.8B
8
-
9
2
Logistics Tech (Grab)
(# Cos: 25132 | $116B)
Ecommerce Logistics (Zypp Electric)
(# Cos: 79 | $2.9B)
Autonomous Delivery (Einride)
(# Cos: 9 | $2.8B)
Self-Driving Delivery Vehicles
(Nuro)
(# Cos: 9 | $2.8B)
Nuro
(2016, United States, $2.1B)
Einride
(2016, Sweden, $652M)
Faction
(2020, United States, $4.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Einride (2016, Sweden)
Undisclosed - Series C - Aug 2023
$200M - Series C - Dec 2022

33. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Newlight Tech.. (2003, United States)
$125M - Series F - Aug 2023
Worn Again (2005, United Kingdom)
$31.1M - Series C - Oct 2022
Rubi (2020, United States)
$8.7M - Seed - Mar 2023
Carbitex (2012, United States)
$2.4M - Series B - Oct 2022
Circular Syst.. (2017, United States)
$1.8M - Series A - Nov 2022
Evrnu (2014, United States)
$750K - Series B - Aug 2023
Stuff4Life (2020, United Kingdom)
Undisclosed - Seed - Feb 2023
Sustainable Fabrics
25
33
Back to index
Fashion Tech (Lenskart)
(# Cos: 36503 | $42.5B)
Innovative Materials (Rubi)
(# Cos: 28 | $389M)
Sustainable Fabrics (Renewcell)
(# Cos: 28 | $389M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$168M ( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$389M
22
1
28
4
Renewcell
(2012, Sweden, $11.0M)
Rubi
(2020, United States, $13.5M)
Newlight Technologies
(2003, United States, $220M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

34. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Affordable Housing Developers
26
34
Back to index
Affordable Housing (India Shelter Finance Corporation)
(# Cos: 4722 | $2.0B)
Developers (Great Places)
(# Cos: 3507 | $676M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$161M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
48
$676M
116
6
3507
2
Great Places
(1972, United Kingdom, $24.8M)
Planet Smart City
(2015, United Kingdom, $245M)
Cottage
(2015, United States, $20.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Clanmil Hous.. (1977, United Kingdom)
$111M - Series D - Oct 2022
Homz (2020, United States)
$50.0M - Seed - Mar 2023
Vector Housing (2020, United Kingdom)
$547K - Seed - Mar 2023
Renexus (2015, Japan)
Undisclosed - Seed - Aug 2023
NeoLiv (2023, India)
Undisclosed - Seed - Jun 2023
amatec-corp.com (2018, Russia)
Undisclosed - Seed - Jul 2023

35. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Carbon Capture Technologies
27
35
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$161M (▼91.7%)
28(▲16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$4.1B
73
1
133
14
Air Pollution Management Tech (iRobot)
(# Cos: 2352 | $13.0B)
Carbon Management (Watershed)
(# Cos: 1191 | $10.1B)
Carbon Capture (Carbon Clean)
(# Cos: 295 | $7.2B)
Diversified (LanzaTech)
(# Cos: 133 | $4.1B)
LanzaTech
(2005, United States, $869M)
Carbon Clean
(2009, United Kingdom, $261M)
Storegga Geotechnologies
(2019, United Kingdom, $62.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
LanzaTech (2005, United States)
$500M - Series F - Nov 2022
Charm Industr.. (2018, United States)
$100M - Series B - Jun 2023
OXCCU (2021, United Kingdom)
$22.7M - Series A - Jun 2023
Ebb Carbon (2021, United States)
$20.0M - Series A - Mar 2023
Noya (2020, United States)
$16.8M - Series A - Apr 2023
C-Capture (2009, United Kingdom)
$12.4M - Series B - Sep 2023
Captura Corp (2021, United States)
$12.0M - Series A - Dec 2022
View all 28 Funding Rounds on Tracxn Platform

36. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Bicycle Manufacturers
28
36
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$153M (▼51.9%)
23(▼4.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
25
$1.1B
128
-
1125
13
Electric Vehicles (Lime)
(# Cos: 10356 | $91.2B)
Automaker (Tesla)
(# Cos: 4724 | $65.2B)
Light Electric Vehicles (Segway)
(# Cos: 1695 | $1.5B)
Bicycles (Rad Power Bikes)
(# Cos: 1125 | $1.1B)
Rad Power Bikes
(2007, United States, $329M)
EMotorad
(2020, India, $5.9M)
VanMoof
(2009, Netherlands, $200M)
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
Angell (2022, France)
$21.3M - Series B - Sep 2023
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 23 Funding Rounds on Tracxn Platform

37. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Commercial Energy Management
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$152M (▼45.3%)
16(▼52.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
98
$3.2B
349
11
1101
33
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6920 | $24.7B)
Energy Management System (Alarm.com)
(# Cos: 3027 | $9.1B)
Building Automation Systems (Schneider
Electric)
(# Cos: 1997 | $6.3B)
BEMS (GridPoint)
(# Cos: 1101 | $3.2B)
GridPoint
(2003, United States, $539M)
Zenatix
(2013, India, $1.7M)
Landis+Gyr
(1896, Switzerland, $1.0B)
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
Clockworks An.. (2008, United States)
$16.1M - Series E - Aug 2023
Beeldi (2017, France)
$8.3M - Series A - Nov 2022
Crocus AI (2017, United States)
$4.9M - Series B - Mar 2023
TablePointer (2019, Singapore)
$3.0M - Seed - Apr 2023
View all 16 Funding Rounds on Tracxn Platform

38. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Rickshaw Manufacturers
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$146M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$215M
16
2
181
3
Electric Vehicles (Lime)
(# Cos: 10356 | $91.2B)
Automaker (Tesla)
(# Cos: 4724 | $65.2B)
Commercial Vehicles (Nikola Motor)
(# Cos: 633 | $6.9B)
Light Commercial Vehicles (Nuro)
(# Cos: 417 | $2.6B)
Multi Category (3evi)
(# Cos: 184 | $216M)
Rickshaws (TI Clean Mobility)
(# Cos: 181 | $215M)
TI Clean Mobility
(2022, India, $145M)
3evi
(2019, India, $5.7M)
GMW
(2010, India, $50.0M)
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
HELIXX (2022, United Kingdom)
$1.3M - Seed - Jun 2023

39. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Weather Forecasting Systems
31
39
Back to index
Air Pollution Management Tech (iRobot)
(# Cos: 2352 | $13.0B)
Weather Forecasting (Skymet Weather)
(# Cos: 332 | $572M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$144M ( -- )
9( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$572M
46
-
332
7
Skymet Weather
(2003, India, $11.8M)
Tomorrow.io
(2016, United States, $250M)
ClimateAI
(2017, United States, $38.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Tomorrow.io (2016, United States)
$87.0M - Series E - Jun 2023
Risilience (2021, United Kingdom)
$26.0M - Series B - Feb 2023
ClimateAI (2017, United States)
$22.0M - Series B - Apr 2023
Perry Weather (2012, United States)
$6.3M - Series A - Oct 2022
Jua (2022, Switzerland)
$2.5M - Seed - Oct 2022
Shadowmap (2020, Austria)
$1.1M - Seed - Jun 2023
Poliark (2021, United States)
$500K - Seed - Sep 2023
View all 9 Funding Rounds on Tracxn Platform

40. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Plastic Waste Recyclers
32
40
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$143M (▼15.8%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$354M
24
2
52
1
Solid Waste Management Tech (Crusoe)
(# Cos: 1941 | $12.2B)
Recycling (Lohum)
(# Cos: 640 | $6.0B)
Tech Enabled Recyclers (Redwood
Materials)
(# Cos: 146 | $3.9B)
Plastic (Banyan Nation)
(# Cos: 52 | $354M)
Banyan Nation
(2013, India, $800K)
Plastic Energy
(2017, United Kingdom, $168M)
Srichakra Polyplast
(2010, India, $9.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
APK (2008, Germany)
$140M - Series D - Feb 2023
Dalmia Polypro Indust.. (2006, India)
$3.9M - Series A - Dec 2022
Fuenix (2013, Netherlands)
Undisclosed - Series A - Feb 2023

41. 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
Openvolt (2023, Ireland)
$1.6M - Seed - Sep 2023
Utility Data Management
33
41
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Smart Grid (Octopus Energy)
(# Cos: 2351 | $12.1B)
Utility Management (Petra)
(# Cos: 732 | $2.7B)
Data Management (Arcadia)
(# Cos: 33 | $513M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$130M (▼35%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$513M
13
-
33
2
Arcadia
(2014, United States, $500M)
Greenbird
(2010, Norway, $10.8M)
Metry
(2012, Sweden, $703K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

42. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
PVcase (2017, Lithuania)
$100M - Series B - Jul 2023
OpenSolar (2017, United States)
$15.0M - Series B - Dec 2022
Eturnity (2012, Switzerland)
$8.8M - Series A - Jun 2023
Solar Ladder (2021, India)
$1.3M - Seed - May 2023
Solar Panels Design Software
34
42
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Renewable Energy Tech (First Solar)
(# Cos: 3145 | $24.1B)
Solar Energy (SolarEdge)
(# Cos: 1580 | $13.7B)
Solar Sales and Design Software (Aurora
Solar)
(# Cos: 169 | $762M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$125M (▼47.9%)
4(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$762M
52
1
169
8
Aurora Solar
(2013, United States, $537M)
RatedPower
(2016, Spain, $6.1M)
PVcase
(2017, Lithuania, $124M)
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
Dandelion (2017, United States)
$70.0M - Series B - Nov 2022
Eavor (2017, Canada)
$5.1M - Series B - Jun 2023
$36.7M - Series B - Jun 2023
$405K - Series B - Mar 2023
$2.0M - Series B - Dec 2022
Geothermal Energy Generation System
35
43
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Renewable Energy Tech (SolarEdge)
(# Cos: 3145 | $24.1B)
Geothermal Energy (Eavor)
(# Cos: 21 | $252M)
Electricity Generation Systems
(Dandelion)
(# Cos: 6 | $232M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$114M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$232M
2
-
6
1
Dandelion
(2017, United States, $136M)
Eavor
(2017, Canada, $95.8M)
New York Geothermal
(2021, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

44. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Carbon-Capturing Concrete
36
44
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$107M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$226M
6
-
8
2
Air Pollution Management Tech (iRobot)
(# Cos: 2352 | $13.0B)
Carbon Management (Watershed)
(# Cos: 1191 | $10.1B)
Carbon Capture (LanzaTech)
(# Cos: 295 | $7.2B)
Carbon to Materials (Carbo Culture)
(# Cos: 46 | $592M)
Building Materials (CarbonCure)
(# Cos: 16 | $259M)
Concrete (CUT)
(# Cos: 8 | $226M)
CUT
(2013, Canada, $32.9M)
CarbonCure
(2007, Canada, $169M)
Carbicrete
(2016, Canada, $22.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CarbonCure (2007, Canada)
$80.0M - Series E - Jul 2023
CUT (2013, Canada)
$26.1M - Series A - Jul 2023
$600K - Seed - Apr 2023
Undisclosed - Seed - Feb 2023
C2CA Technology (2016, Netherlands)
Undisclosed - Seed - Mar 2023

45. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
AMP Robotics (2015, United States)
$8.0M - Series C - May 2023
$91.2M - Series C - Nov 2022
Waste Robotic (2016, Canada)
$7.3M - Series A - Sep 2023
Waste Sorting Robot
37
45
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Professional Service Robots (ABB)
(# Cos: 3033 | $27.2B)
Energy and Environment (Pellenc ST)
(# Cos: 26 | $294M)
Solid Waste Sorting (AMP Robotics)
(# Cos: 25 | $294M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$107M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$294M
18
-
25
5
AMP Robotics
(2015, United States, $178M)
Pellenc ST
(2001, France, $425K)
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.

46. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Newlight Tech.. (2003, United States)
$125M - Series F - Aug 2023
UBQ Materials (2012, Israel)
$70.0M - Series D - Sep 2023
Traceless (2020, Germany)
$39.0M - Series A - Sep 2023
Cruz Foam (2017, United States)
$18.0M - Series A - Oct 2022
TripleW (2015, Israel)
$16.5M - Series B - Mar 2023
Puraffinity (2015, United Kingdom)
$13.9M - Series A - Sep 2023
NutJobs (2019, United States)
$9.1M - Series B - Jan 2023
View all 14 Funding Rounds on Tracxn Platform
Biodegradable Polymers
38
46
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Advanced Materials (Metamaterial)
(# Cos: 1844 | $13.0B)
Biomaterials (Ecovative)
(# Cos: 73 | $906M)
Biodegradable Polymers (Origin
Materials)
(# Cos: 68 | $753M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$105M (▼42.2%)
14( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$753M
49
-
68
9
Origin Materials
(2008, United States, $61.6M)
Newlight Technologies
(2003, United States, $220M)
Genecis
(2016, Canada, $10.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

47. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Osteal Therap.. (2013, United States)
$22.3M - Series B - Sep 2023
Biomica (2017, Israel)
$20.0M - Series B - Apr 2023
Innovac Thera.. (2022, United States)
$18.0M - Seed - Sep 2023
Healrna (2021, China)
$14.6M - Seed - Mar 2023
Jia Yue Pharmaceutical (2017, China)
$14.0M - Series B - Jun 2023
Radiant Biotherapeut.. (2020, Canada)
$8.0M - Seed - Apr 2023
PiezoTx (2022, United States)
$2.0M - Seed - Jan 2023
View all 15 Funding Rounds on Tracxn Platform
Drugs for Infectious Diseases
39
47
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Infectious Diseases (Adaptive Biotechnologies)
(# Cos: 2308 | $32.1B)
Drugs (Moderna)
(# Cos: 1293 | $26.9B)
Diversified (Bharat Biotech)
(# Cos: 247 | $6.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$103M (▼82.3%)
15(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
19
$6.0B
160
36
247
22
Bharat Biotech
(1996, India, $13.7M)
Vir Biotechnology
(2017, United States, $216M)
Emergent BioSolutions
(1998, United States)
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
SpeeDx (2009, Australia)
$26.0M - Series C - Feb 2023
DeepUll (2020, Spain)
$18.0M - Series B - Mar 2023
$13.5M - Series B - Oct 2022
Zhuhai Meihua Medical.. (2010, China)
$14.3M - Series B - Dec 2022
Biofire Diagn.. (1990, United States)
$14.0M - Series A - Nov 2022
Seek Labs (2017, United States)
$13.6M - Series B - Aug 2023
Isomark (2005, United States)
$1.8M - Series A - Dec 2022
Diagnostic Tests for Infections
40
48
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Infectious Diseases (Moderna)
(# Cos: 2308 | $32.1B)
In Vitro Diagnostic Tests (Cepheid)
(# Cos: 828 | $4.8B)
Diversified (Karius)
(# Cos: 408 | $3.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$101M (▼81.2%)
7(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
50
$3.6B
223
25
408
19
Karius
(2014, United States, $254M)
Inflammatix
(2016, United States, $135M)
Prenetics
(2009, China, $67.7M)
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
Home Energy Management
41
49
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$96.5M (▼43.3%)
2(▼60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$1.3B
70
3
236
15
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6920 | $24.7B)
Energy Management System (SmartRent)
(# Cos: 3027 | $9.1B)
Building Automation Systems (Schneider
Electric)
(# Cos: 1997 | $6.3B)
HEMS (Alarm.com)
(# Cos: 236 | $1.3B)
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)
$96.5M - Series B - Mar 2023
HEERO Techno.. (2021, United Kingdom)
Undisclosed - Seed - Apr 2023

50. 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
Fertifa (2019, United Kingdom)
$6.3M - Seed - Jun 2023
Undisclosed - Seed - Oct 2022
Mirza (2020, United Kingdom)
$3.6M - Series A - Aug 2023
Employee Family Benefits
42
50
Back to index
Employee Health IT (Gympass)
(# Cos: 4264 | $25.3B)
Healthcare Benefits Administration (Carrot)
(# Cos: 9 | $552M)
Family Benefits (Maven)
(# Cos: 8 | $550M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$90.0M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$550M
8
1
8
3
Maven
(2014, United States, $300M)
Carrot
(2016, United States, $115M)
Progyny
(2008, United States, $67.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

51. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Dumper Manufacturers
43
51
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$84.7M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$123M
1
-
3
1
Electric Vehicles (Lime)
(# Cos: 10356 | $91.2B)
Automaker (Tesla)
(# Cos: 4724 | $65.2B)
Off Highway Vehicles (Rivian)
(# Cos: 121 | $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

52. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
H55 (2015, Switzerland)
$50.2M - Series C - Sep 2023
Undisclosed - Series B - Oct 2022
Whisper Aero (2020, United States)
$32.0M - Series A - Apr 2023
Kite Magnetics (2021, Australia)
$1.9M - Seed - Oct 2022
Dovetail Electric.. (2021, Australia)
Undisclosed - Seed - Apr 2023
Undisclosed - Seed - Dec 2022
Nautical Wings (2020, India)
Undisclosed - Seed - Jan 2023
Electric Propulsion Systems
44
52
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Aerospace Tech (Thales)
(# Cos: 789 | $5.6B)
Propulsion Systems (H55)
(# Cos: 31 | $136M)
Electric (Whisper Aero)
(# Cos: 30 | $123M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$84.0M ( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$123M
13
-
30
2
Whisper Aero
(2020, United States, $39.5M)
H55
(2015, Switzerland, $72.6M)
H3X Technologies
(2020, United States, $9.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Comanche (2020, United States)
$36.1M - Series C - May 2023
Rejoni (2020, United States)
$26.0M - Series B - Feb 2023
Guangzhou Langsheng P.. (2003, China)
$14.0M - Series C - Jun 2023
Sprout Pharma.. (2011, United States)
$7.1M - Series D - Apr 2023
CleopatraRx (2019, United States)
$50.0K - Seed - Jul 2023
$250K - Seed - Mar 2023
Avana Health (2021, United States)
$128K - Seed - Nov 2022
View all 9 Funding Rounds on Tracxn Platform
Drugs for Reproductive Disorders
45
53
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Women Health (Hologic)
(# Cos: 861 | $8.8B)
Drugs (BioNTech)
(# Cos: 144 | $2.9B)
Reproductive Diseases (Forendo Pharma)
(# Cos: 43 | $655M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$83.6M ( -- )
9( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$655M
32
4
43
5
Forendo Pharma
(2013, Finland, $25.6M)
Sprout Pharmaceuticals
(2011, United States, $105M)
OvaScience
(2011, United States, $77.2M)
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
Mill (2020, United States)
$70.0M - Series C - Sep 2023
Weifulai Technology (2013, China)
$8.4M - Series B - Jun 2023
Sepura (2019, Canada)
$3.7M - Seed - Apr 2023
Smart Solid Waste Bins
46
54
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Solid Waste Management Tech (Crusoe)
(# Cos: 1941 | $12.2B)
Collection (AMCS)
(# Cos: 868 | $1.7B)
Smart Bins (Mill)
(# Cos: 74 | $99.2M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$82.1M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$99.2M
32
-
74
2
Mill
(2020, United States, $70.0M)
Clean Robotics
(2015, United States, $4.5M)
Bigbelly Solar
(2003, United States, $4.3M)
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
Water Pipeline Monitoring
47
55
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$79.0M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$278M
27
-
45
6
Water and Wastewater Management Tech (Ecozen
Solutions)
(# Cos: 1711 | $4.1B)
Pipeline (Genrobotic Innovations)
(# Cos: 108 | $440M)
Monitoring (Wint)
(# Cos: 100 | $384M)
Water (GHGSat)
(# Cos: 45 | $278M)
GHGSat
(2011, Canada, $145M)
Wint
(2011, United States, $50.0M)
Rezatec
(2012, United Kingdom, $17.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
GHGSat (2011, Canada)
$44.0M - Series C - Sep 2023
Wint (2011, United States)
$35.0M - Series C - Aug 2023
Voda (2017, United States)
Undisclosed - Series A - Sep 2023
Aganova (2008, Spain)
Undisclosed - Seed - Nov 2022

56. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Electric Cargo 3W Manufacturer
48
56
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$73.5M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$172M
20
1
59
5
Electric Vehicles (Lime)
(# Cos: 10356 | $91.2B)
Automaker (Tesla)
(# Cos: 4724 | $65.2B)
Commercial Vehicles (Nikola Motor)
(# Cos: 633 | $6.9B)
Light Commercial Vehicles (Altigreen)
(# Cos: 417 | $2.6B)
Cargo Vehicles (Nuro)
(# Cos: 76 | $2.3B)
Three Wheelers (Euler Motors)
(# Cos: 59 | $172M)
Euler Motors
(2015, India, $91.9M)
Altigreen
(2013, India, $48.8M)
Selex
(2018, Vietnam, $5.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Euler Motors (2015, India)
$60.0M - Series C - Oct 2022
ONO (2017, Germany)
$6.3M - Series A - Dec 2022
Vok Bikes (2020, Estonia)
$4.2M - Seed - Jun 2023
Selex (2018, Vietnam)
$3.0M - Seed - Apr 2023
Astro Motors (2022, India)
Undisclosed - Seed - Jun 2023

57. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Food Waste Organic Fertilizers
49
57
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$70.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$256M
15
1
31
2
Chemicals Tech (Indigo)
(# Cos: 1647 | $10.0B)
Green Chemicals (LanzaTech)
(# Cos: 67 | $1.8B)
Crop Nutrition (WISErg)
(# Cos: 34 | $256M)
Food Waste (Ostara)
(# Cos: 31 | $256M)
Ostara
(2005, Canada, $169M)
WISErg
(2010, United States, $56.6M)
California Safe Soil
(2012, United States, $21.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ostara (2005, Canada)
$70.0M - Series C - Oct 2022

58. Copyright © 2023, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Biological Wastewater Treatment
50
58
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$62.6M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$109M
17
-
30
2
Water and Wastewater Management Tech (Ecozen
Solutions)
(# Cos: 1711 | $4.1B)
Water Treatment (Solugen)
(# Cos: 331 | $1.8B)
Commercial (SUEZ)
(# Cos: 243 | $903M)
Advanced Microbial (Cambrian
Innovation)
(# Cos: 30 | $109M)
Cambrian Innovation
(2006, United States, $37.0M)
SuperBAC
(1995, Brazil, $62.6M)
Ossus Biorenewables
(2017, India, $2.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SuperBAC (1995, Brazil)
$62.6M - Unattributed - Jul 2023
Ossus Biorenewables (2017, India)
$2.4M - Seed - Apr 2023
Saikesaisi Hydrogen .. (1993, China)
Undisclosed - Series B - Jul 2023

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