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TRACXN TOP BUSINESS MODELS REPORT
October 31, 2022
SUSTAINABILITY TECH
Sustainability Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
Sustainability Tech Funding Overview 3
Top Funded Business Models 4
One Pagers 9
Appendix 59
2
Sustainability Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Funding in last 1 year
3
Renewable Energy Tech $3.9B
Energy Efficiency Tech $3.1B
Air Pollution Management Tech $3.1B
Infectious Diseases $2.9B
Smart Grid $2.5B
Solid Waste Management Tech $2.2B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
Global Founders Capital
Antler
29
11
9
Early
Stage
Breakthrough Energy
S2G Ventures
Lowercarbon Capital
16
11
10
Late
Stage
Temasek
GIC
Novo Holdings
6
6
6
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (45%)
United Kingdom (10%)
India (6%)
France (5%)
Sweden (5%)
China (5%)
Canada (4%)
Others (22%)
$ Funding # Rounds
Northvolt
(2016, 1100000000)
$NaNM -
northvolt.com
Climeworks
(2009, 650000000)
$NaNM -
climeworks.com
Nuro
(2016, 600000000)
$NaNM - nuro.ai
Octopus Energy
(2015, 550000000)
$NaNM -
octopus.energy
Rimac Automobili
(2009, 536000000)
$NaNM - rimac-
automobili.com
EcoVadis
(2007, 500000000)
$NaNM -
ecovadis.com
Impossible Foods
(2011, 499999981)
$NaNM -
impossiblefoods.c
om
Tata Passenger Electri..
(2019, 495671250)
$NaNM -
tatapassengerelec
tricmobility.vdtrxn
Shanshan Lithium Batte..
(undefined, 477645250)
$NaNK -
shanshanlithiumb
atterymaterials.vd
trxn
Form Energy
(2009, 450000000)
$NaNM -
formenergy.com
Wisk
(2019, 450000000)
$NaNM -
wisk.aero
Copyright © 2022, 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▲8 Carbon Offset Trading $781M 39 Xpansiv | $400M | Series D Link
2▲37 Carbon Sequestration through Adsorption $718M 7 Climeworks | $650M | Series E Link
3<> 0 COVID-19 Drugs $391M 8 RVAC Medicines | $140M | Series B Link
4▲9 Affordable Housing Developers $376M 10 BRIDGE | $250M | Series D Link
5▼4 Lithium Battery Recyclers $324M 10 Ascend Elements | $200M | Series C Link
6▲127 Waste To Fuel $315M 6 Enerkem | $255M | Series H Link
7▲17 Biogas based Power Generators $290M 2 Mainspring En.. | $150M | Series E Link
8▼2 Drug Resistant Infections $280M 19 TenNor Thera.. | $41.5M | Series D Link
9▲79 Compressed Air Renewable Energy Storage System $256M 3 Hydrostor | $250M | Series D Link
10▼1 Carbon Footprint Awareness $234M 31 Sweep | $73.0M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2022, 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▲16 Energy Demand Response Management Solutions $218M 9 Lancium | $150M | Series D Link
12▼5 Commercial Building Energy Management System $216M 35 OfficeSpace Software | $150M | PE Link
13▼3
Distributed Energy Resources Management
Software
$205M 10 Span.IO | $90.0M | Series B Link
14<> 0 Commercial Building Energy Monitoring System $197M 7 Deepki | $166M | Series C Link
15▼11 Microfinance Providers $196M 12 Muthoot Micr.. | $49.8M | Series B Link
16-- Plastic Waste Recyclers $168M 2 Plastic Energy | $168M | Series A Link
17▲80 Water Grid Distribution Intelligence $159M 3 H2O Securities | $150M | Series D Link
18▲65 Smart Energy Meters $157M 3 Sense | $128M | Series C Link
19▲41 Post Combustion Carbon Capture $150M 3 Carbon Clean | $150M | Series C Link
20▲7 Robotic Solid Waste Sorting $139M 6 AMP Robotics | $71.2M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2022, 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▼8 Microgrid Operators $136M 3 VoltaGrid | $100M | Series C Link
22▲21 Solar Project Development Services Marketplace $130M 3 Solfácil | $100M | Series C Link
23▼4 Hepatitis Drugs $130M 5 Ancora Biotech | $60.0M | Series A Link
24▲17 Fibre Waste Recyclers $130M 2 Recover | $100M | Series D Link
25▲3 Prenatal Diagnostic Tests $126M 3 BillionToOne | $125M | Series C Link
26▲8 Affordable Housing Loans $113M 2 Shubham | $112M | Series E Link
27▼12 Home Energy Management System $110M 2 Tibber | $100M | Series C Link
28▲105 Residential Solar Power Plant Monitoring Systems $108M 3 Svea Solar | $107M | Series A Link
29▲40 Blockchain Based Carbon Trading Platform $106M 8 Flowcarbon | $70.0M | Series A Link
30▼1 Reproductive Diseases Drugs $102M 5 Sprout Pharm.. | $28.0M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2022, 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-- Data Center Energy Management Systems $100M 2 Liqid | $100M | Series C Link
32-- Air Insulated Windows $100M 1 Halionic | $100M | Series C Link
33▲111 Thermal Renewable Energy Storage System $97.1M 3 Antora Energy | $50.0M | Series A Link
34▼31 Energy Efficient Motors $90.6M 2 Turntide | $80.0M | Series D Link
35▲20 Nutrient Recovery from Organic Waste $82.2M 3 Ostara | $70.0M | Series C Link
36-- Anti Fungal Drugs $79.4M 2 F2g | $70.0M | Series E Link
37▼37 Anti Bacterial Drugs $77.4M 23 ILiAD Biotec.. | $42.8M | Series D Link
38▼5 Monitoring of Industrial Emission $60.3M 3 Kayrros | $44.1M | Series C Link
39▼41 Smart Glass Windows $60.0M 2 Gauzy | $60.0M | Series D Link
40▼27 Preterm Birth Risk Assessment Tests $60.0M 1 Mirvie | $60.0M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2022, 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▲22 Flexibility Services Marketplace $59.3M 3 Sympower | $22.3M | Series C Link
42-- Thermoelectric Waste Heat Recovery $59.0M 2 Modern Elect.. | $30.0M | Series B Link
43▲101 Grid Analytics $57.0M 4 eSmart Systems | $40.2M | Series B Link
44▲90 Software for Solid Waste Management $56.7M 3 ServiceCore | $54.0M | Series B Link
45▼3 OLED Components $55.0M 1 OTI Lumionics | $55.0M | Series B Link
46▲10 Anti Retroviral Drugs $50.0M 1 American Gene | $50.0M | Series B Link
47-- Carbon Footprint in Logistics $50.0M 1 ZeroNorth | $50.0M | Series B Link
48▼17 Commercial HVAC Management System $48.4M 8 BrainBox AI | $30.0M | Series A Link
49▲4 Data Intelligence for Emissions $47.2M 5 Circulor | $25.0M | Series B Link
50▼15 Smart LED Lights $47.1M 4 Yeelight | $47.1M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Xpansiv (2016, United States)
$400M - Series D - Jul 2022
Watershed (2019, United States)
$70.0M - Series B - Feb 2022
Flowcarbon (2021, United States)
$70.0M - Series A - May 2022
Pachama (2018, United States)
$55.0M - Series B - May 2022
Patch (2020, United States)
$55.0M - Series B - Sep 2022
NCX (2010, United States)
$50.0M - Series B - Mar 2022
Carbonext (2010, Brazil)
$38.0M - Series B - Jul 2022
View all 39 Funding Rounds on Tracxn Platform
Carbon Offset Trading
01
9
Back to index
Air Pollution Management Tech (iRobot)
(# Cos: 1710 | $7.6B)
Carbon Management (Carbon Clean)
(# Cos: 771 | $5.5B)
Carbon Offset Trading Platforms
(Xpansiv)
(# Cos: 269 | $1.3B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$781M (▲211%)
39(▲25.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$1.3B
99
-
269
13
Xpansiv
(2016, United States, $575M)
Nori
(2017, United States, $12.3M)
Planetly
(2019, Germany, $5.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Carbon Sequestration through
Adsorption
02
10
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$718M (▲1694%)
7(▲16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.1B
24
-
27
4
Air Pollution Management Tech (iRobot)
(# Cos: 1710 | $7.6B)
Carbon Management (LanzaTech)
(# Cos: 771 | $5.5B)
Carbon Capture (Carbon Clean)
(# Cos: 198 | $3.5B)
Carbon Sequestration (Solugen)
(# Cos: 41 | $1.5B)
Adsorption (Climeworks)
(# Cos: 27 | $1.1B)
Climeworks
(2009, Switzerland, $762M)
Svante
(2007, Canada, $175M)
Heirloom
(2020, United States, $53.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Climeworks (2009, Switzerland)
$650M - Series E - Apr 2022
Heirloom (2020, United States)
$53.0M - Series A - Mar 2022
Sustaera (2021, United States)
$10.0M - Series A - Dec 2021
Seabound (2021, United Kingdom)
$4.4M - Seed - May 2022
$125K - Seed - Apr 2022
Undisclosed - Seed - Feb 2022
AirMyne (2022, United States)
$125K - Seed - Mar 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
COVID-19 Drugs
03
11
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$391M (▼43.7%)
8(▼46.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$1.7B
53
9
104
14
Infectious Diseases (Cepheid)
(# Cos: 2122 | $31.2B)
Drugs (Adaptive Biotechnologies)
(# Cos: 1177 | $26.3B)
Viral (Moderna)
(# Cos: 561 | $14.0B)
COVID-19 (NantKwest)
(# Cos: 104 | $1.7B)
NantKwest
(2002, United States, $147M)
Vaxxinity
(2019, United States, $27.0M)
Scailyte
(2017, Switzerland, $12.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
RVAC Medicines (2021, United States)
$140M - Series B - Apr 2022
Shenxin Bio (2019, China)
$120M - Series B - Mar 2022
Ashvattha The.. (2019, United States)
$69.0M - Series B - Apr 2022
Apogenix (2005, Germany)
$29.4M - Series B - Dec 2021
Ethris (2009, Germany)
$26.3M - Series B - Feb 2022
Scailyte (2017, Switzerland)
$6.2M - Series A - Sep 2022
Aerium Therap.. (2022, United States)
Undisclosed - Series A - Mar 2022
View all 8 Funding Rounds on Tracxn Platform
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Affordable Housing Developers
04
12
Back to index
Affordable Housing (Aptus Value Housing Finance India)
(# Cos: 4398 | $1.6B)
Developers (Great Places)
(# Cos: 3221 | $869M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$376M (▲121%)
10(▲400%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
20
$869M
104
5
3221
2
Great Places
(1972, United Kingdom, $24.8M)
Pocket
(2005, United Kingdom, $5.7M)
Planet Smart City
(2015, United Kingdom, $233M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BRIDGE (1983, United States)
$250M - Series D - Jul 2022
Planet Smart.. (2015, United Kingdom)
$181M - Series C - Feb 2022
Clanmil Hous.. (1977, United Kingdom)
$111M - Series D - Oct 2022
Pahlisch Homes (1983, United States)
$6.7M - Series A - Jul 2022
Pronto (2020, United States)
$2.5M - Seed - Mar 2022
$2.5M - Seed - Nov 2021
S.I. Containe.. (2021, United States)
$1.7M - Seed - Apr 2022
View all 10 Funding Rounds on Tracxn Platform
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Lithium Battery Recyclers
05
13
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$324M (▼61.6%)
10(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$1.2B
17
2
20
4
Solid Waste Management Tech (LanzaTech)
(# Cos: 1556 | $8.2B)
Recycling (AMP Robotics)
(# Cos: 466 | $3.2B)
Tech Enabled Recyclers (Banyan Nation)
(# Cos: 108 | $1.8B)
Lithium (Redwood Materials)
(# Cos: 20 | $1.2B)
Redwood Materials
(2017, United States, $792M)
Lithion Recycling
(2018, Canada, $15.0M)
Ascend Elements
(2015, United States, $301M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ascend Elements (2015, United States)
$200M - Series C - Oct 2022
$101M - Series C - Aug 2022
Lithion Recycling (2018, Canada)
Undisclosed - Series A - Sep 2022
$15.0M - Series A - Apr 2022
Posh Robotics (2021, United States)
$3.8M - Seed - Jun 2022
tozero (2022, Germany)
$3.5M - Seed - Sep 2022
NEU Battery Mater.. (2021, Singapore)
$577K - Seed - Jun 2022
View all 10 Funding Rounds on Tracxn Platform
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Enerkem (2000, Canada)
$255M - Series H - Apr 2022
LanzaTech (2005, United States)
$30.0M - Series E - Dec 2021
Sistema (2009, Kenya)
$10.0M - Series B - Oct 2022
$15.6M - Series B - Jan 2022
Cetogenix (2022, New Zealand)
$4.5M - Seed - Jul 2022
Grupo Corral Salamanca (1986)
Undisclosed - Seed - Jul 2022
Waste To Fuel
06
14
Back to index
Solid Waste Management Tech (AMP Robotics)
(# Cos: 1556 | $8.2B)
Waste-To-Energy (Crusoe Energy)
(# Cos: 170 | $3.3B)
Fuel (LanzaTech)
(# Cos: 113 | $2.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$315M (▲ >10K%)
6(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$2.4B
63
2
113
11
LanzaTech
(2005, United States, $369M)
Enerkem
(2000, Canada, $859M)
Chromatin
(2000, United States, $122M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Biogas based Power Generators
07
15
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$290M (▲197%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$521M
2
-
2
1
Renewable Energy Tech (SolarEdge)
(# Cos: 2808 | $21.1B)
Bioenergy (Raízen)
(# Cos: 161 | $3.4B)
Applications (New Leaf Dynamic
Technologies)
(# Cos: 5 | $522M)
Power Generators (Mainspring
Energy)
(# Cos: 2 | $521M)
Mainspring Energy
(2010, United States, $518M)
IPG
(2016, United Kingdom, $2.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Mainspring En.. (2010, United States)
$140M - Series E - Sep 2022
$150M - Series E - May 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Drug Resistant Infections
08
16
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$280M (▼12.8%)
19(▲58.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
25
$4.0B
165
25
219
23
Infectious Diseases (Adaptive Biotechnologies)
(# Cos: 2122 | $31.2B)
Drugs (Moderna)
(# Cos: 1177 | $26.3B)
Bacterial (Locus Biosciences)
(# Cos: 339 | $5.6B)
Drug Resistant Infections (Spero
Therapeutics)
(# Cos: 219 | $4.0B)
Spero Therapeutics
(2013, United States, $115M)
Locus Biosciences
(2015, United States, $67.3M)
Paratek Pharma
(1996, United States, $96.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TenNor Therapeutics (2013, China)
$41.5M - Series D - Mar 2022
Locus Bioscie.. (2015, United States)
$35.0M - Series B - May 2022
VenatoRx (2010, United States)
$34.0M - Series C - Apr 2022
Centauri The.. (2014, United Kingdom)
$32.5M - Series A - Feb 2022
Bioversys (2008, Switzerland)
$24.9M - Series C - Jun 2022
Micreos (2005, Netherlands)
$24.6M - Series D - Oct 2022
Adaptive Phag.. (2016, United States)
$20.0M - Series B - Apr 2022
View all 19 Funding Rounds on Tracxn Platform
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Compressed Air Renewable Energy
Storage System
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$256M (▲2645%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$465M
16
-
27
3
Renewable Energy Tech (SolarEdge)
(# Cos: 2808 | $21.1B)
Horizontal (Nel Hydrogen)
(# Cos: 575 | $3.9B)
Energy Storage (Ambri)
(# Cos: 102 | $1.8B)
Compressed Air (Hydrostor)
(# Cos: 27 | $465M)
Hydrostor
(2010, Canada, $295M)
Cheesecake Energy
(2016, United Kingdom, $5.6M)
Gaelectric
(2004, Ireland, $9.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hydrostor (2010, Canada)
$250M - Series D - Jan 2022
Cheesecake E.. (2016, United Kingdom)
$4.3M - Seed - Aug 2022
Green-Y (2018, Switzerland)
$2.2M - Series A - Dec 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Sweep (2020, France)
$73.0M - Series B - Apr 2022
$22.0M - Series A - Dec 2021
ClimeCo Green (2009, United States)
$50.0M - PE - Apr 2022
ZeroNorth (2014, Denmark)
$50.0M - Series B - Jun 2022
Normative (2014, Sweden)
$31.7M - Series B - Jul 2022
Greenly (2019, France)
$23.0M - Series A - Apr 2022
ClearTrace (2017, United States)
$20.0M - Series B - Jun 2022
View all 31 Funding Rounds on Tracxn Platform
Carbon Footprint Awareness
10
18
Back to index
Air Pollution Management Tech (iRobot)
(# Cos: 1710 | $7.6B)
Carbon Management (Carbon Clean)
(# Cos: 771 | $5.5B)
Carbon Footprint Awareness (Plan A)
(# Cos: 295 | $587M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$234M (▲19.9%)
31(▲107%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$587M
90
-
295
10
Plan A
(2017, Germany, $13.0M)
ZeroNorth
(2014, Denmark, $60.5M)
Sweep
(2020, France, $100M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Lancium (2014, United States)
$150M - Series D - Nov 2021
OhmConnect (2013, United States)
$55.0M - Series D - Jun 2022
FlexiDAO (2017, Spain)
$6.3M - Series A - Jul 2022
FlexCharging (2017, United States)
$5.9M - Series A - Sep 2022
Copper Labs (2012, United States)
$5.5M - Series A - Mar 2022
GridIO (2016, Estonia)
$978K - Seed - Oct 2022
Helix Power (2013, United States)
$100K - Seed - Nov 2021
View all 9 Funding Rounds on Tracxn Platform
Energy Demand Response Management
Solutions
11
19
Back to index
Smart Grid (Octopus Energy)
(# Cos: 2273 | $12.0B)
Utility Management (Tendril)
(# Cos: 721 | $2.0B)
Demand Response Management (Leap)
(# Cos: 167 | $950M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$218M (▲226%)
9(▲28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
33
$950M
76
4
167
9
Leap
(2017, United States, $41.7M)
EcoFactor
(2006, United States, $31.1M)
Enernoc
(2001, United States, $7.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Commercial Building Energy
Management System
12
20
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$216M (▼23%)
35(▼7.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
88
$3.4B
343
10
1074
38
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6575 | $23.1B)
Energy Management System (Schneider
Electric)
(# Cos: 2838 | $8.2B)
Building Automation Systems
(Alarm.com)
(# Cos: 1818 | $5.6B)
BEMS (MRI Software)
(# Cos: 1074 | $3.4B)
MRI Software
(1971, United States, $125M)
Landis+Gyr
(1896, Switzerland, $1.0B)
GridPoint
(2003, United States, $539M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
OfficeSpace S.. (2004, United States)
$150M - PE - Jan 2022
GridPoint (2003, United States)
$75.0M - Series G - Mar 2022
Latchel (2016, United States)
$16.7M - Series A - Jul 2022
Cohesion (2018, United States)
$15.0M - Series A - Nov 2021
Operto (2005, Canada)
$12.0M - Series A - Feb 2022
Hosta (2020, United States)
$11.5M - Series A - Nov 2021
Kadence (2021, United Kingdom)
$10.1M - Series A - Oct 2022
View all 35 Funding Rounds on Tracxn Platform
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Span.IO (2014, United States)
$90.0M - Series B - Jan 2022
GridPoint (2003, United States)
$75.0M - Series G - Mar 2022
Virtual Peaker (2015, United States)
$16.6M - Series A - Feb 2022
Evergen (2015, Australia)
$10.5M - Series B - Jun 2022
node.energy (2017, Germany)
$7.1M - Series A - Jul 2022
Microgrid Labs (2014, United States)
$2.3M - Seed - Dec 2021
Gridcognition (2020, Australia)
$2.3M - Seed - Feb 2022
View all 10 Funding Rounds on Tracxn Platform
Distributed Energy Resources
Management Software
13
21
Back to index
Smart Grid (Octopus Energy)
(# Cos: 2273 | $12.0B)
Distributed Energy Resources (Bboxx)
(# Cos: 258 | $2.7B)
DERs Management (Autogrid)
(# Cos: 101 | $1.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$205M (▲12.2%)
10(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
16
$1.2B
58
2
101
8
Autogrid
(2011, United States, $160M)
Span.IO
(2014, United States, $134M)
GridPoint
(2003, United States, $539M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Commercial Building Energy Monitoring
System
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$197M (▲26%)
7(▼61.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
32
$1.1B
155
9
593
10
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6575 | $23.1B)
Energy Monitoring System (Sense)
(# Cos: 1109 | $1.9B)
Building Monitoring (Plentific)
(# Cos: 939 | $1.4B)
Commercial (AppFolio)
(# Cos: 593 | $1.1B)
AppFolio
(2006, United States, $30.0M)
Plentific
(2013, United Kingdom, $144M)
ServiceChannel
(1999, United States, $56.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Deepki (2014, United Kingdom)
$166M - Series C - Mar 2022
Breezeway (2015, United States)
$15.0M - Series B - Oct 2022
Logical Build.. (2012, United States)
$10.0M - Series D - Dec 2021
Vutility (2016, United States)
$2.7M - Series A - Aug 2022
Beacon Power Services (2010, Nigeria)
$2.7M - Seed - Aug 2022
Building Inte.. (2006, United States)
$1.0M - Series A - Oct 2022
SenseNode (2013, Sweden)
Undisclosed - Series A - Oct 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Microfinance Providers
15
23
Back to index
Microfinance (Fusion Microfinance)
(# Cos: 664 | $3.4B)
Microcredit (Spandana)
(# Cos: 653 | $3.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$196M (▼39.2%)
12(▼7.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
25
$3.4B
166
13
653
8
Spandana
(1956, India, $192M)
Fusion Microfinance
(2010, India, $202M)
Arohan
(2006, India, $77.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Muthoot Microfin (2010, India)
$49.8M - Series B - Dec 2021
Belstar Investment an.. (1988, India)
$37.5M - Series D - Mar 2022
Annapurna Finance (2009, India)
$15.0M - Series E - Jun 2022
$35.0M - Series E - Dec 2021
$20.2M - Series E - Nov 2021
Light Microfinance (2010, India)
$24.6M - Series B - Sep 2022
Satyamicrocapital (2016, India)
$7.0M - Series C - Jun 2022
View all 12 Funding Rounds on Tracxn Platform
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Plastic Waste Recyclers
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$168M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$201M
17
2
40
1
Solid Waste Management Tech (LanzaTech)
(# Cos: 1556 | $8.2B)
Recycling (AMP Robotics)
(# Cos: 466 | $3.2B)
Tech Enabled Recyclers (Redwood
Materials)
(# Cos: 108 | $1.8B)
Plastic (Banyan Nation)
(# Cos: 40 | $201M)
Banyan Nation
(2013, India, $10.0M)
Plastic Energy
(2017, United Kingdom, $168M)
QuantaFuel
(2014, Norway, $21.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Plastic Energy (2017, United Kingdom)
$168M - Series A - Nov 2021
CARBOLIQ (2017, Germany)
Undisclosed - Seed - Mar 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
H2O Securities (2021, South Africa)
$150M - Series D - May 2022
Ketos (2015, United States)
$8.3M - Series C - Jun 2022
Faclon Labs (2016, India)
$224K - Series A - Jun 2022
Water Grid Distribution Intelligence
17
25
Back to index
Water and Wastewater Management Tech (SUEZ)
(# Cos: 1446 | $3.5B)
Smart Water Grids (WaterSmart Environmental)
(# Cos: 82 | $247M)
Distribution Intelligence (Ketos)
(# Cos: 31 | $204M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$159M (▲2542%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$204M
18
-
31
4
Ketos
(2015, United States, $34.8M)
Faclon Labs
(2016, India, $1.2M)
Kando
(2012, Israel, $16.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Sense (2013, United States)
$128M - Series C - Apr 2022
Comgy (2016, Germany)
$29.0M - Series B - Nov 2021
SparkMeter (2013, United States)
$10.0M - Series A - Mar 2022
Smart Energy Meters
18
26
Back to index
Smart Grid (Octopus Energy)
(# Cos: 2273 | $12.0B)
Advanced Metering Infrastructure (Trilliant)
(# Cos: 670 | $1.3B)
Smart Meters (Sense)
(# Cos: 392 | $693M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$157M (▲1557%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
20
$693M
65
9
392
6
Sense
(2013, United States, $195M)
Aclara Technologies
(1972, United States)
Discovergy
(2009, Germany, $8.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Post Combustion Carbon Capture
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$150M (▲668%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$787M
8
-
12
3
Air Pollution Management Tech (iRobot)
(# Cos: 1710 | $7.6B)
Carbon Management (Climeworks)
(# Cos: 771 | $5.5B)
Carbon Capture (Carbon Direct)
(# Cos: 198 | $3.5B)
Diversified (LanzaTech)
(# Cos: 70 | $1.3B)
Flue Gas Emissions (Carbon Clean)
(# Cos: 12 | $787M)
Carbon Clean
(2009, United Kingdom, $214M)
LanzaTech
(2005, United States, $369M)
Twelve
(2010, United States, $187M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Carbon Clean (2009, United Kingdom)
$150M - Series C - Feb 2022
Twelve (2010, United States)
$130M - Series B - Jun 2022
LanzaTech (2005, United States)
$30.0M - Series E - Dec 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Robotic Solid Waste Sorting
20
28
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$139M (▲131%)
6(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$293M
16
-
25
3
Solid Waste Management Tech (LanzaTech)
(# Cos: 1556 | $8.2B)
Recycling (Redwood Materials)
(# Cos: 466 | $3.2B)
Automated Sorting (ZenRobotics)
(# Cos: 41 | $320M)
Robots (AMP Robotics)
(# Cos: 25 | $293M)
AMP Robotics
(2015, United States, $149M)
ZenRobotics
(2007, Finland, $17.1M)
Smarter Sorting
(2015, United States, $62.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AMP Robotics (2015, United States)
$71.2M - Series C - Jul 2022
Smarter Sorting (2015, United States)
$7.0M - Series B - Aug 2022
$25.0M - Series B - Mar 2022
Everest Labs (2018, United States)
$16.1M - Series A - Jul 2022
Gongye Technology (2018, China)
$14.9M - Series A - Jul 2022
Glacier (2019, United States)
$4.5M - Seed - Apr 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Microgrid Operators
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$136M (▼12.3%)
3(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$801M
30
1
59
7
Smart Grid (Octopus Energy)
(# Cos: 2273 | $12.0B)
Distributed Energy Resources (Autogrid)
(# Cos: 258 | $2.7B)
Microgrid (Husk Power Systems)
(# Cos: 130 | $920M)
Operators (Bboxx)
(# Cos: 59 | $801M)
Bboxx
(2005, United Kingdom, $65.0M)
Husk Power Systems
(2008, India, $32.1M)
Scale Microgrid Soluti..
(2016, United States, $300M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
VoltaGrid (2020, United States)
$100M - Series C - Dec 2021
David Energy (2016, United States)
$20.5M - Series A - Mar 2022
Bboxx (2005, United Kingdom)
$15.0M - Series D - May 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Solar Project Development Services
Marketplace
22
30
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$130M (▲276%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$259M
33
-
87
5
Renewable Energy Tech (First Solar)
(# Cos: 2808 | $21.1B)
Solar Energy (SolarEdge)
(# Cos: 1442 | $12.2B)
ECommerce (Enpal)
(# Cos: 123 | $880M)
Project Development Services
(EnergySage)
(# Cos: 87 | $259M)
Marketplace (Solfácil)
(# Cos: 87 | $259M)
Solfácil
(2018, Brazil, $165M)
EnergySage
(2009, United States, $6.4M)
MYSUN
(2015, India, $9.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Solfácil (2018, Brazil)
$30.0M - Series C - Sep 2022
$100M - Series C - Apr 2022
SafEarth (2018, India)
Undisclosed - Seed - Dec 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Hepatitis Drugs
23
31
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$130M (▲30.1%)
5(▲150%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$1.8B
40
8
52
3
Infectious Diseases (Cepheid)
(# Cos: 2122 | $31.2B)
Drugs (Adaptive Biotechnologies)
(# Cos: 1177 | $26.3B)
Viral (Moderna)
(# Cos: 561 | $14.0B)
Hepatitis (Finch Therapeutics)
(# Cos: 52 | $1.8B)
Finch Therapeutics
(2004, United States, $184M)
Aligos Therapeutics
(2018, United States, $225M)
Brii Biosciences
(2018, United States, $515M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ancora Biotech (2021, United States)
$60.0M - Series A - Jun 2022
Bluejay Thera.. (2021, United States)
$41.0M - Series B - Aug 2022
Shanghai Hepu Pharmac.. (2013, China)
$14.9M - Series A - Jul 2022
Kemi Biopharmaceutical (China)
$14.1M - Series A - Sep 2022
Shanghai Auson Pharma.. (2019, China)
Undisclosed - Series B - Aug 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Fibre Waste Recyclers
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$130M (▲264%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$217M
10
1
11
3
Solid Waste Management Tech (LanzaTech)
(# Cos: 1556 | $8.2B)
Recycling (AMP Robotics)
(# Cos: 466 | $3.2B)
Tech Enabled Recyclers (Redwood
Materials)
(# Cos: 108 | $1.8B)
Fibre (Renewcell)
(# Cos: 11 | $217M)
Renewcell
(2012, Sweden, $11.0M)
Infinited Fiber
(2016, Finland, $39.9M)
Recover
(1947, Spain, $100M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Recover (1947, Spain)
$100M - Series D - Jun 2022
Circ (2011, United States)
$30.0M - Series B - Jul 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
BillionToOne (2015, United States)
Undisclosed - Series B - Mar 2022
$125M - Series C - Mar 2022
Luna Genetics (2018, United States)
$665K - Seed - Dec 2021
Prenatal Diagnostic Tests
25
33
Back to index
Women Health (Hologic)
(# Cos: 800 | $7.0B)
In Vitro Diagnostic Tests (Progenity)
(# Cos: 138 | $1.6B)
Prenatal (Natera)
(# Cos: 43 | $876M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$126M (▲119%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$876M
26
5
43
1
Natera
(2004, United States, $152M)
Progenity
(2011, United States, $217M)
BillionToOne
(2015, United States, $210M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Affordable Housing Loans
26
34
Back to index
Affordable Housing (Deewan Housing Finance
Corporation)
(# Cos: 4398 | $1.6B)
Financing (Aptus Value Housing Finance India)
(# Cos: 172 | $674M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$113M (▲154%)
2(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$674M
23
8
172
4
Aptus Value Housing Fi..
(2009, India, $196M)
Deewan Housing Finance..
(1984, India)
Aadhar Housing Finance
(2010, India, $17.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Shubham (2010, India)
$112M - Series E - Jun 2022
Brazos Reside.. (2021, United States)
$1.3M - Seed - Jun 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Home Energy Management System
27
35
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$110M (▲3.1%)
2(▼81.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$987M
66
3
228
12
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6575 | $23.1B)
Energy Management System (SmartRent)
(# Cos: 2838 | $8.2B)
Building Automation Systems (Schneider
Electric)
(# Cos: 1818 | $5.6B)
HEMS (Alarm.com)
(# Cos: 228 | $987M)
Alarm.com
(2000, United States, $137M)
SmartRent
(2017, United States, $138M)
Tendril
(2004, United States, $235M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Tibber (2016, Sweden)
$100M - Series C - Mar 2022
Sunverge (2009, United States)
$10.3M - Series C - Mar 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Residential Solar Power Plant
Monitoring Systems
28
36
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$108M (▲ >10K%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$119M
14
-
45
3
Renewable Energy Tech (First Solar)
(# Cos: 2808 | $21.1B)
Solar Energy (SolarEdge)
(# Cos: 1442 | $12.2B)
Monitoring (Clear Blue Technologies)
(# Cos: 338 | $307M)
Residential Solar Monitoring
(MyLight Systems)
(# Cos: 45 | $119M)
MyLight Systems
(2014, France, $2.2M)
Svea Solar
(2014, Sweden, $107M)
Evergen
(2016, Australia, $6.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Svea Solar (2014, Sweden)
$107M - Series A - Jun 2022
Undisclosed - Seed - Mar 2022
SolarView (2013, Brazil)
$757K - Seed - Oct 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Blockchain Based Carbon Trading
Platform
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$106M (▲666%)
8(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$130M
21
-
68
3
Air Pollution Management Tech (iRobot)
(# Cos: 1710 | $7.6B)
Carbon Management (Carbon Clean)
(# Cos: 771 | $5.5B)
Carbon Offset Trading Platforms
(Xpansiv)
(# Cos: 269 | $1.3B)
Blockchain Enabled (Nori)
(# Cos: 68 | $130M)
Nori
(2017, United States, $12.3M)
Flowcarbon
(2021, United States, $70.0M)
ClimateTrade
(2016, Spain, $9.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Flowcarbon (2021, United States)
$70.0M - Series A - May 2022
MOSS (2020, Brazil)
$10.0M - Series A - Feb 2022
Nori (2017, United States)
$7.0M - Series A - Feb 2022
Carbonfuture (2020, Germany)
$5.3M - Series A - Sep 2022
AirCarbon (2019, Singapore)
$5.0M - Series A - Mar 2022
Reneum (2018, Singapore)
$4.1M - Seed - Oct 2022
Solid World (2021, Estonia)
$2.5M - Seed - May 2022
View all 8 Funding Rounds on Tracxn Platform
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Sprout Pharma.. (2011, United States)
$28.0M - Series D - Aug 2022
$25.1M - Series D - May 2022
Gameto (2020, United States)
$17.0M - Series A - Sep 2022
$20.0M - Series A - Jan 2022
Oviva Therape.. (2021, United States)
$11.5M - Seed - May 2022
Reproductive Diseases Drugs
30
38
Back to index
Women Health (Hologic)
(# Cos: 800 | $7.0B)
Drugs (Evofem)
(# Cos: 127 | $1.7B)
Reproductive Diseases (Forendo Pharma)
(# Cos: 34 | $522M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$102M (▲81.3%)
5(▲150%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$522M
22
4
34
2
Forendo Pharma
(2013, Finland, $25.6M)
OvaScience
(2011, United States, $77.2M)
ObsEva
(2012, Switzerland, $94.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Data Center Energy Management
Systems
31
39
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$100M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
26
$710M
60
7
144
7
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6575 | $23.1B)
Energy Management System (Schneider Electric)
(# Cos: 2838 | $8.2B)
Building Automation Systems (Alarm.com)
(# Cos: 1818 | $5.6B)
IEMS (Device42)
(# Cos: 294 | $1.0B)
Data Center (Asetek)
(# Cos: 144 | $710M)
Asetek
(1997, Denmark, $34.0M)
Device42
(2010, United States, $38.5M)
Liqid
(2013, United States, $160M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Liqid (2013, United States)
Undisclosed - Series C - May 2022
$100M - Series C - Nov 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Air Insulated Windows
32
40
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$100M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$101M
5
-
5
0
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6575 | $23.1B)
Thermal Products (Turntide)
(# Cos: 372 | $2.3B)
Insulation (Aspen Aerogel)
(# Cos: 35 | $424M)
Air (WexEnergy)
(# Cos: 5 | $101M)
Window Panels (Tecnoglass)
(# Cos: 5 | $101M)
Tecnoglass
(1994, Colombia)
WexEnergy
(2014, United States, $510K)
AeroShield
(2019, United States, $400K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Halionic (2015)
$100M - Series C - Dec 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Thermal Renewable Energy Storage
System
33
41
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$97.1M (▲ >10K%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$97.2M
3
-
3
2
Renewable Energy Tech (SolarEdge)
(# Cos: 2808 | $21.1B)
Horizontal (Nel Hydrogen)
(# Cos: 575 | $3.9B)
Energy Storage (Ambri)
(# Cos: 102 | $1.8B)
Thermal (Antora Energy)
(# Cos: 3 | $97.2M)
Antora Energy
(2017, United States, $50.1M)
Rondo Energy
(2020, United States, $47.1M)
Kelvin Thermal Energy
(2013, Canada)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Antora Energy (2017, United States)
$50.0M - Series A - Feb 2022
Rondo Energy (2020, United States)
$25.1M - Series B - Jun 2022
$22.0M - Series A - Feb 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Energy Efficient Motors
34
42
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$90.6M (▼70.3%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$540M
3
-
3
1
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6575 | $23.1B)
Thermal Products (Aspen Aerogel)
(# Cos: 372 | $2.3B)
HVAC (Atomberg)
(# Cos: 264 | $1.6B)
Motors (Turntide)
(# Cos: 3 | $540M)
Turntide
(2004, United States, $524M)
QM Power
(2006, United States, $16.1M)
Virtual Forest
(2019, India, $468K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Turntide (2004, United States)
$80.0M - Series D - Jun 2022
$10.6M - Series C - May 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Nutrient Recovery from Organic Waste
35
43
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$82.2M (▲279%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$264M
19
1
35
2
Solid Waste Management Tech (LanzaTech)
(# Cos: 1556 | $8.2B)
Recycling (AMP Robotics)
(# Cos: 466 | $3.2B)
Organic Waste Conversion (Origin
Materials)
(# Cos: 119 | $641M)
Nutrient Recovery (Ostara)
(# Cos: 35 | $264M)
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
Chaincraft (2010, Netherlands)
$10.9M - Series B - Sep 2022
Wastelink (2018, India)
$1.3M - Seed - May 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
F2g (1998, United Kingdom)
$70.0M - Series E - Aug 2022
Hallux (2012, United States)
$9.4M - Series A - Apr 2022
Anti Fungal Drugs
36
44
Back to index
Infectious Diseases (Adaptive Biotechnologies)
(# Cos: 2122 | $31.2B)
Drugs (Moderna)
(# Cos: 1177 | $26.3B)
Fungal (Scynexis)
(# Cos: 27 | $744M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$79.4M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$744M
19
4
27
1
Scynexis
(1999, United States, $62.7M)
Amplyx Pharmaceuticals
(2006, United States, $144M)
F2g
(1998, United Kingdom, $253M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
ILiAD Biotech.. (2012, United States)
$42.8M - Series D - Sep 2022
TenNor Therapeutics (2013, China)
$41.5M - Series D - Mar 2022
Locus Bioscie.. (2015, United States)
$35.0M - Series B - May 2022
VenatoRx (2010, United States)
$34.0M - Series C - Apr 2022
Centauri The.. (2014, United Kingdom)
$32.5M - Series A - Feb 2022
Bioversys (2008, Switzerland)
$24.9M - Series C - Jun 2022
Micreos (2005, Netherlands)
$24.6M - Series D - Oct 2022
View all 23 Funding Rounds on Tracxn Platform
Anti Bacterial Drugs
37
45
Back to index
Infectious Diseases (Adaptive Biotechnologies)
(# Cos: 2122 | $31.2B)
Drugs (Moderna)
(# Cos: 1177 | $26.3B)
Bacterial (Spero Therapeutics)
(# Cos: 339 | $5.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$77.4M (▼78.5%)
23(▲4.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
41
$5.6B
251
38
339
32
Spero Therapeutics
(2013, United States, $115M)
Locus Biosciences
(2015, United States, $67.3M)
Affinivax
(2013, United States, $360M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Monitoring of Industrial Emission
38
46
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$60.3M (▲33.9%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$227M
7
-
8
3
Air Pollution Management Tech (iRobot)
(# Cos: 1710 | $7.6B)
Emission Management (Daphne Technology)
(# Cos: 169 | $736M)
Monitoring (GHGSat)
(# Cos: 36 | $249M)
Industrial Sites (Kayrros)
(# Cos: 8 | $227M)
Kayrros
(2016, France, $79.5M)
GHGSat
(2011, Canada, $101M)
Kairos Aerospace
(2013, United States, $45.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Kayrros (2016, France)
$44.1M - Series C - Mar 2022
GHGSat (2011, Canada)
$16.1M - Series B - Nov 2021
Earthview (2019, United States)
Undisclosed - Seed - Apr 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Smart Glass Windows
39
47
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$60.0M (▼91.6%)
2(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$3.9B
13
2
16
4
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6575 | $23.1B)
Lighting Products (Acuity Brands)
(# Cos: 1524 | $7.6B)
Daylighting (Gauzy)
(# Cos: 28 | $3.9B)
Smart Glasses (View)
(# Cos: 16 | $3.9B)
View
(2007, United States, $3.5B)
Gauzy
(2009, Israel, $81.3M)
ChromoGenics
(2003, Sweden, $15.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Gauzy (2009, Israel)
$60.0M - Series D - Feb 2022
Ambilight (2017, United States)
Undisclosed - Series C - Nov 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Preterm Birth Risk Assessment Tests
40
48
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$60.0M (▼54%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$363M
6
2
6
1
Women Health (Hologic)
(# Cos: 800 | $7.0B)
In Vitro Diagnostic Tests (Natera)
(# Cos: 138 | $1.6B)
Fertility (Celmatix)
(# Cos: 42 | $453M)
Preterm Birth (Sera Prognostics)
(# Cos: 6 | $363M)
Sera Prognostics
(2008, United States, $258M)
Yourgene Health
(2000, United Kingdom)
Mirvie
(2019, United States, $90.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Mirvie (2019, United States)
$60.0M - Series B - May 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Sympower (2015, Estonia)
$22.3M - Series C - Jul 2022
Recurve (2004, United States)
$18.0M - Series B - Aug 2022
$19.0M - Series B - May 2022
Flexibility Services Marketplace
41
49
Back to index
Smart Grid (Octopus Energy)
(# Cos: 2273 | $12.0B)
Flexibility Services (Packetized Energy)
(# Cos: 9 | $116M)
Marketplace (Recurve)
(# Cos: 5 | $93.8M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$59.3M (▲295%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$93.8M
3
-
5
2
Recurve
(2004, United States, $51.0M)
Sympower
(2015, Estonia, $33.0M)
Piclo
(2013, United Kingdom, $9.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Thermoelectric Waste Heat Recovery
42
50
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$59.0M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$215M
32
2
63
4
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6575 | $23.1B)
Thermal Products (Turntide)
(# Cos: 372 | $2.3B)
Waste Heat Recovery (Modern Electron)
(# Cos: 70 | $283M)
Thermoelectric (Nowi Energy)
(# Cos: 63 | $215M)
Nowi Energy
(2015, Netherlands, $13.0M)
Modern Electron
(2015, United States, $40.0M)
Enertime
(2008, France, $7.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Modern Electron (2015, United States)
$30.0M - Series B - Dec 2021
Orcan Energy (2008, Germany)
$29.0M - Series D - Sep 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
eSmart Systems (2012, Norway)
$40.2M - Series B - Aug 2022
Amperon (2017, United States)
$7.0M - Series A - Jan 2022
DCbrain (2014, France)
$5.3M - Series A - Jun 2022
BluWave-ai (2017, Canada)
$4.5M - Series A - Apr 2022
Grid Analytics
43
51
Back to index
Smart Grid (Octopus Energy)
(# Cos: 2273 | $12.0B)
Grid Management (AiDash)
(# Cos: 410 | $1.4B)
Analytics (BluWave-ai)
(# Cos: 118 | $273M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$57.0M (▲ >10K%)
4(▼20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$273M
51
-
118
8
BluWave-ai
(2017, Canada, $8.3M)
SpaceTime Insight
(2008, United States, $54.6M)
eSmart Systems
(2012, Norway, $69.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Software for Solid Waste Management
44
52
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$56.7M (▲ >10K%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$217M
37
1
159
2
Solid Waste Management Tech (LanzaTech)
(# Cos: 1556 | $8.2B)
Collection (ecoATM)
(# Cos: 774 | $1.4B)
Software Solutions (Resourcify)
(# Cos: 248 | $244M)
Waste Collectors IT (ReCollect)
(# Cos: 187 | $236M)
Suite (AMCS)
(# Cos: 159 | $217M)
AMCS
(2004, Ireland, $143M)
ReCollect
(2009, Canada)
Evreka
(2014, Turkey, $3.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ServiceCore (2003, United States)
$54.0M - Series B - Feb 2022
Evreka (2014, Turkey)
$2.2M - Seed - Jan 2022
EcoTree (2017, Romania)
$502K - Seed - Nov 2021
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
OLED Components
45
53
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$55.0M (▲60.3%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$175M
17
3
28
2
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6575 | $23.1B)
Lighting Products (Acuity Brands)
(# Cos: 1524 | $7.6B)
Optical Components (UbiQD)
(# Cos: 107 | $634M)
OLED (OTI Lumionics)
(# Cos: 28 | $175M)
OTI Lumionics
(2011, Canada, $55.0M)
Kyulux
(2015, Japan, $84.4M)
Novaled
(2003, Germany, $34.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
OTI Lumionics (2011, Canada)
$55.0M - Series B - Oct 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Anti Retroviral Drugs
46
54
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$50.0M (▲150%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$467M
34
7
54
2
Infectious Diseases (Cepheid)
(# Cos: 2122 | $31.2B)
Drugs (Adaptive Biotechnologies)
(# Cos: 1177 | $26.3B)
Viral (Moderna)
(# Cos: 561 | $14.0B)
HIV (American Gene)
(# Cos: 54 | $467M)
American Gene
(2008, United States, $52.8M)
Merck Sharp & Dohme
(1891, United States)
Aelix Therapeutics
(2015, Spain, $12.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
American Gene (2008, United States)
$50.0M - Series B - Apr 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Carbon Footprint in Logistics
47
55
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$50.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$60.5M
2
-
3
0
Air Pollution Management Tech (iRobot)
(# Cos: 1710 | $7.6B)
Carbon Management (Carbon Clean)
(# Cos: 771 | $5.5B)
Carbon Footprint Awareness (Plan A)
(# Cos: 295 | $587M)
Logistics (ZeroNorth)
(# Cos: 3 | $60.5M)
ZeroNorth
(2014, Denmark, $60.5M)
Metigate
(2016, France)
GreenRouter
(2016, Italy)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ZeroNorth (2014, Denmark)
$50.0M - Series B - Jun 2022
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Commercial HVAC Management System
48
56
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$48.4M (▲5.7%)
8(▼20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$361M
86
2
214
10
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6575 | $23.1B)
Energy Management System (Alarm.com)
(# Cos: 2838 | $8.2B)
HVAC Management (ecobee)
(# Cos: 426 | $804M)
Commercial (BrainBox AI)
(# Cos: 214 | $361M)
BrainBox AI
(2017, Canada, $57.9M)
Smart Joules
(2014, India, $7.7M)
Optimum Energy
(2005, United States, $40.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BrainBox AI (2017, Canada)
$30.0M - Series A - Jul 2022
Axiom Cloud (2014, United States)
$11.0M - Series A - Oct 2022
$2.5M - Seed - Nov 2021
ConnectM (2007, United States)
$2.1M - Series A - Mar 2022
Vilisto (2016, Germany)
$1.7M - Seed - Jan 2022
Smart Joules (2014, India)
$928K - Series A - Jun 2022
Clairco (2018, India)
$187K - Seed - Feb 2022
View all 8 Funding Rounds on Tracxn Platform
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Circulor (2017, United Kingdom)
$25.0M - Series B - Jun 2022
Altruistiq (2020, United Kingdom)
$18.0M - Seed - Jul 2022
Optera (2006, United States)
$4.2M - Series A - Feb 2022
Carbon Balance Techno.. (2021, China)
Undisclosed - Angel - Feb 2022
Enemind (2020, China)
Undisclosed - Angel - Oct 2022
Data Intelligence for Emissions
49
57
Back to index
Air Pollution Management Tech (iRobot)
(# Cos: 1710 | $7.6B)
Emission Management (Kayrros)
(# Cos: 169 | $736M)
Data Intelligence (Circulor)
(# Cos: 65 | $108M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$47.2M (▲112%)
5(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$108M
19
-
65
3
Circulor
(2017, United Kingdom, $45.0M)
Pathzero
(2020, Australia, $5.7M)
CoolPlanet
(2008, Ireland, $31.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Sustainability Tech - Top Business Models Report
Recent Funding Rounds
Smart LED Lights
50
58
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$47.1M (▲20.5%)
4(▼42.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
30
$1.1B
155
14
1289
11
Energy Efficiency Tech (Octopus Energy)
(# Cos: 6575 | $23.1B)
Lighting Products (EcoSense Lighting)
(# Cos: 1524 | $7.6B)
LED (Nanoleaf)
(# Cos: 1313 | $1.5B)
Smart Lights (Acuity Brands)
(# Cos: 1289 | $1.1B)
Acuity Brands
(2001, United States)
Nanoleaf
(2012, Canada, $2.9M)
EcoSense Lighting
(2008, United States, $101M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Yeelight (2013, China)
$47.1M - Series E - Dec 2021
Plantalux (2016, Poland)
$1.4M - Seed - Jan 2022
AgEYE Technol.. (2019, United States)
$500K - Seed - Oct 2022
Sollum Technologies (2015, Canada)
Undisclosed - Series A - Feb 2022
Sustainability Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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Top Funded Business Models
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Sustainability Tech - Top Business Models Report
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Tracxn - Top Business Models in Sustainability Tech - 31 Oct 2022

  • 1. TRACXN TOP BUSINESS MODELS REPORT October 31, 2022 SUSTAINABILITY TECH
  • 2. Sustainability Tech - Top Business Models Report Copyright © 2022, 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 © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Funding in last 1 year 3 Renewable Energy Tech $3.9B Energy Efficiency Tech $3.1B Air Pollution Management Tech $3.1B Infectious Diseases $2.9B Smart Grid $2.5B Solid Waste Management Tech $2.2B Y-o-Y Funding Top Investors by Funding Rounds Seed Stage Y Combinator Global Founders Capital Antler 29 11 9 Early Stage Breakthrough Energy S2G Ventures Lowercarbon Capital 16 11 10 Late Stage Temasek GIC Novo Holdings 6 6 6 Funding by Geography Top Feeds by $ Funding Top Funding Rounds United States (45%) United Kingdom (10%) India (6%) France (5%) Sweden (5%) China (5%) Canada (4%) Others (22%) $ Funding # Rounds Northvolt (2016, 1100000000) $NaNM - northvolt.com Climeworks (2009, 650000000) $NaNM - climeworks.com Nuro (2016, 600000000) $NaNM - nuro.ai Octopus Energy (2015, 550000000) $NaNM - octopus.energy Rimac Automobili (2009, 536000000) $NaNM - rimac- automobili.com EcoVadis (2007, 500000000) $NaNM - ecovadis.com Impossible Foods (2011, 499999981) $NaNM - impossiblefoods.c om Tata Passenger Electri.. (2019, 495671250) $NaNM - tatapassengerelec tricmobility.vdtrxn Shanshan Lithium Batte.. (undefined, 477645250) $NaNK - shanshanlithiumb atterymaterials.vd trxn Form Energy (2009, 450000000) $NaNM - formenergy.com Wisk (2019, 450000000) $NaNM - wisk.aero
  • 4. Copyright © 2022, 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▲8 Carbon Offset Trading $781M 39 Xpansiv | $400M | Series D Link 2▲37 Carbon Sequestration through Adsorption $718M 7 Climeworks | $650M | Series E Link 3<> 0 COVID-19 Drugs $391M 8 RVAC Medicines | $140M | Series B Link 4▲9 Affordable Housing Developers $376M 10 BRIDGE | $250M | Series D Link 5▼4 Lithium Battery Recyclers $324M 10 Ascend Elements | $200M | Series C Link 6▲127 Waste To Fuel $315M 6 Enerkem | $255M | Series H Link 7▲17 Biogas based Power Generators $290M 2 Mainspring En.. | $150M | Series E Link 8▼2 Drug Resistant Infections $280M 19 TenNor Thera.. | $41.5M | Series D Link 9▲79 Compressed Air Renewable Energy Storage System $256M 3 Hydrostor | $250M | Series D Link 10▼1 Carbon Footprint Awareness $234M 31 Sweep | $73.0M | 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 © 2022, 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▲16 Energy Demand Response Management Solutions $218M 9 Lancium | $150M | Series D Link 12▼5 Commercial Building Energy Management System $216M 35 OfficeSpace Software | $150M | PE Link 13▼3 Distributed Energy Resources Management Software $205M 10 Span.IO | $90.0M | Series B Link 14<> 0 Commercial Building Energy Monitoring System $197M 7 Deepki | $166M | Series C Link 15▼11 Microfinance Providers $196M 12 Muthoot Micr.. | $49.8M | Series B Link 16-- Plastic Waste Recyclers $168M 2 Plastic Energy | $168M | Series A Link 17▲80 Water Grid Distribution Intelligence $159M 3 H2O Securities | $150M | Series D Link 18▲65 Smart Energy Meters $157M 3 Sense | $128M | Series C Link 19▲41 Post Combustion Carbon Capture $150M 3 Carbon Clean | $150M | Series C Link 20▲7 Robotic Solid Waste Sorting $139M 6 AMP Robotics | $71.2M | Series C Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 6. Copyright © 2022, 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▼8 Microgrid Operators $136M 3 VoltaGrid | $100M | Series C Link 22▲21 Solar Project Development Services Marketplace $130M 3 Solfácil | $100M | Series C Link 23▼4 Hepatitis Drugs $130M 5 Ancora Biotech | $60.0M | Series A Link 24▲17 Fibre Waste Recyclers $130M 2 Recover | $100M | Series D Link 25▲3 Prenatal Diagnostic Tests $126M 3 BillionToOne | $125M | Series C Link 26▲8 Affordable Housing Loans $113M 2 Shubham | $112M | Series E Link 27▼12 Home Energy Management System $110M 2 Tibber | $100M | Series C Link 28▲105 Residential Solar Power Plant Monitoring Systems $108M 3 Svea Solar | $107M | Series A Link 29▲40 Blockchain Based Carbon Trading Platform $106M 8 Flowcarbon | $70.0M | Series A Link 30▼1 Reproductive Diseases Drugs $102M 5 Sprout Pharm.. | $28.0M | 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 © 2022, 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-- Data Center Energy Management Systems $100M 2 Liqid | $100M | Series C Link 32-- Air Insulated Windows $100M 1 Halionic | $100M | Series C Link 33▲111 Thermal Renewable Energy Storage System $97.1M 3 Antora Energy | $50.0M | Series A Link 34▼31 Energy Efficient Motors $90.6M 2 Turntide | $80.0M | Series D Link 35▲20 Nutrient Recovery from Organic Waste $82.2M 3 Ostara | $70.0M | Series C Link 36-- Anti Fungal Drugs $79.4M 2 F2g | $70.0M | Series E Link 37▼37 Anti Bacterial Drugs $77.4M 23 ILiAD Biotec.. | $42.8M | Series D Link 38▼5 Monitoring of Industrial Emission $60.3M 3 Kayrros | $44.1M | Series C Link 39▼41 Smart Glass Windows $60.0M 2 Gauzy | $60.0M | Series D Link 40▼27 Preterm Birth Risk Assessment Tests $60.0M 1 Mirvie | $60.0M | Series B Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 8. Copyright © 2022, 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▲22 Flexibility Services Marketplace $59.3M 3 Sympower | $22.3M | Series C Link 42-- Thermoelectric Waste Heat Recovery $59.0M 2 Modern Elect.. | $30.0M | Series B Link 43▲101 Grid Analytics $57.0M 4 eSmart Systems | $40.2M | Series B Link 44▲90 Software for Solid Waste Management $56.7M 3 ServiceCore | $54.0M | Series B Link 45▼3 OLED Components $55.0M 1 OTI Lumionics | $55.0M | Series B Link 46▲10 Anti Retroviral Drugs $50.0M 1 American Gene | $50.0M | Series B Link 47-- Carbon Footprint in Logistics $50.0M 1 ZeroNorth | $50.0M | Series B Link 48▼17 Commercial HVAC Management System $48.4M 8 BrainBox AI | $30.0M | Series A Link 49▲4 Data Intelligence for Emissions $47.2M 5 Circulor | $25.0M | Series B Link 50▼15 Smart LED Lights $47.1M 4 Yeelight | $47.1M | Series E Link * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
  • 9. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Xpansiv (2016, United States) $400M - Series D - Jul 2022 Watershed (2019, United States) $70.0M - Series B - Feb 2022 Flowcarbon (2021, United States) $70.0M - Series A - May 2022 Pachama (2018, United States) $55.0M - Series B - May 2022 Patch (2020, United States) $55.0M - Series B - Sep 2022 NCX (2010, United States) $50.0M - Series B - Mar 2022 Carbonext (2010, Brazil) $38.0M - Series B - Jul 2022 View all 39 Funding Rounds on Tracxn Platform Carbon Offset Trading 01 9 Back to index Air Pollution Management Tech (iRobot) (# Cos: 1710 | $7.6B) Carbon Management (Carbon Clean) (# Cos: 771 | $5.5B) Carbon Offset Trading Platforms (Xpansiv) (# Cos: 269 | $1.3B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $781M (▲211%) 39(▲25.8%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 7 $1.3B 99 - 269 13 Xpansiv (2016, United States, $575M) Nori (2017, United States, $12.3M) Planetly (2019, Germany, $5.7M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 10. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Carbon Sequestration through Adsorption 02 10 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $718M (▲1694%) 7(▲16.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $1.1B 24 - 27 4 Air Pollution Management Tech (iRobot) (# Cos: 1710 | $7.6B) Carbon Management (LanzaTech) (# Cos: 771 | $5.5B) Carbon Capture (Carbon Clean) (# Cos: 198 | $3.5B) Carbon Sequestration (Solugen) (# Cos: 41 | $1.5B) Adsorption (Climeworks) (# Cos: 27 | $1.1B) Climeworks (2009, Switzerland, $762M) Svante (2007, Canada, $175M) Heirloom (2020, United States, $53.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Climeworks (2009, Switzerland) $650M - Series E - Apr 2022 Heirloom (2020, United States) $53.0M - Series A - Mar 2022 Sustaera (2021, United States) $10.0M - Series A - Dec 2021 Seabound (2021, United Kingdom) $4.4M - Seed - May 2022 $125K - Seed - Apr 2022 Undisclosed - Seed - Feb 2022 AirMyne (2022, United States) $125K - Seed - Mar 2022
  • 11. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds COVID-19 Drugs 03 11 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $391M (▼43.7%) 8(▼46.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $1.7B 53 9 104 14 Infectious Diseases (Cepheid) (# Cos: 2122 | $31.2B) Drugs (Adaptive Biotechnologies) (# Cos: 1177 | $26.3B) Viral (Moderna) (# Cos: 561 | $14.0B) COVID-19 (NantKwest) (# Cos: 104 | $1.7B) NantKwest (2002, United States, $147M) Vaxxinity (2019, United States, $27.0M) Scailyte (2017, Switzerland, $12.3M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. RVAC Medicines (2021, United States) $140M - Series B - Apr 2022 Shenxin Bio (2019, China) $120M - Series B - Mar 2022 Ashvattha The.. (2019, United States) $69.0M - Series B - Apr 2022 Apogenix (2005, Germany) $29.4M - Series B - Dec 2021 Ethris (2009, Germany) $26.3M - Series B - Feb 2022 Scailyte (2017, Switzerland) $6.2M - Series A - Sep 2022 Aerium Therap.. (2022, United States) Undisclosed - Series A - Mar 2022 View all 8 Funding Rounds on Tracxn Platform
  • 12. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Affordable Housing Developers 04 12 Back to index Affordable Housing (Aptus Value Housing Finance India) (# Cos: 4398 | $1.6B) Developers (Great Places) (# Cos: 3221 | $869M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $376M (▲121%) 10(▲400%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 20 $869M 104 5 3221 2 Great Places (1972, United Kingdom, $24.8M) Pocket (2005, United Kingdom, $5.7M) Planet Smart City (2015, United Kingdom, $233M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. BRIDGE (1983, United States) $250M - Series D - Jul 2022 Planet Smart.. (2015, United Kingdom) $181M - Series C - Feb 2022 Clanmil Hous.. (1977, United Kingdom) $111M - Series D - Oct 2022 Pahlisch Homes (1983, United States) $6.7M - Series A - Jul 2022 Pronto (2020, United States) $2.5M - Seed - Mar 2022 $2.5M - Seed - Nov 2021 S.I. Containe.. (2021, United States) $1.7M - Seed - Apr 2022 View all 10 Funding Rounds on Tracxn Platform
  • 13. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Lithium Battery Recyclers 05 13 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $324M (▼61.6%) 10(▲66.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $1.2B 17 2 20 4 Solid Waste Management Tech (LanzaTech) (# Cos: 1556 | $8.2B) Recycling (AMP Robotics) (# Cos: 466 | $3.2B) Tech Enabled Recyclers (Banyan Nation) (# Cos: 108 | $1.8B) Lithium (Redwood Materials) (# Cos: 20 | $1.2B) Redwood Materials (2017, United States, $792M) Lithion Recycling (2018, Canada, $15.0M) Ascend Elements (2015, United States, $301M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Ascend Elements (2015, United States) $200M - Series C - Oct 2022 $101M - Series C - Aug 2022 Lithion Recycling (2018, Canada) Undisclosed - Series A - Sep 2022 $15.0M - Series A - Apr 2022 Posh Robotics (2021, United States) $3.8M - Seed - Jun 2022 tozero (2022, Germany) $3.5M - Seed - Sep 2022 NEU Battery Mater.. (2021, Singapore) $577K - Seed - Jun 2022 View all 10 Funding Rounds on Tracxn Platform
  • 14. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Enerkem (2000, Canada) $255M - Series H - Apr 2022 LanzaTech (2005, United States) $30.0M - Series E - Dec 2021 Sistema (2009, Kenya) $10.0M - Series B - Oct 2022 $15.6M - Series B - Jan 2022 Cetogenix (2022, New Zealand) $4.5M - Seed - Jul 2022 Grupo Corral Salamanca (1986) Undisclosed - Seed - Jul 2022 Waste To Fuel 06 14 Back to index Solid Waste Management Tech (AMP Robotics) (# Cos: 1556 | $8.2B) Waste-To-Energy (Crusoe Energy) (# Cos: 170 | $3.3B) Fuel (LanzaTech) (# Cos: 113 | $2.4B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $315M (▲ >10K%) 6(▼33.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $2.4B 63 2 113 11 LanzaTech (2005, United States, $369M) Enerkem (2000, Canada, $859M) Chromatin (2000, United States, $122M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 15. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Biogas based Power Generators 07 15 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $290M (▲197%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $521M 2 - 2 1 Renewable Energy Tech (SolarEdge) (# Cos: 2808 | $21.1B) Bioenergy (Raízen) (# Cos: 161 | $3.4B) Applications (New Leaf Dynamic Technologies) (# Cos: 5 | $522M) Power Generators (Mainspring Energy) (# Cos: 2 | $521M) Mainspring Energy (2010, United States, $518M) IPG (2016, United Kingdom, $2.8M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Mainspring En.. (2010, United States) $140M - Series E - Sep 2022 $150M - Series E - May 2022
  • 16. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Drug Resistant Infections 08 16 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $280M (▼12.8%) 19(▲58.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 25 $4.0B 165 25 219 23 Infectious Diseases (Adaptive Biotechnologies) (# Cos: 2122 | $31.2B) Drugs (Moderna) (# Cos: 1177 | $26.3B) Bacterial (Locus Biosciences) (# Cos: 339 | $5.6B) Drug Resistant Infections (Spero Therapeutics) (# Cos: 219 | $4.0B) Spero Therapeutics (2013, United States, $115M) Locus Biosciences (2015, United States, $67.3M) Paratek Pharma (1996, United States, $96.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. TenNor Therapeutics (2013, China) $41.5M - Series D - Mar 2022 Locus Bioscie.. (2015, United States) $35.0M - Series B - May 2022 VenatoRx (2010, United States) $34.0M - Series C - Apr 2022 Centauri The.. (2014, United Kingdom) $32.5M - Series A - Feb 2022 Bioversys (2008, Switzerland) $24.9M - Series C - Jun 2022 Micreos (2005, Netherlands) $24.6M - Series D - Oct 2022 Adaptive Phag.. (2016, United States) $20.0M - Series B - Apr 2022 View all 19 Funding Rounds on Tracxn Platform
  • 17. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Compressed Air Renewable Energy Storage System 09 17 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $256M (▲2645%) 3(▲50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $465M 16 - 27 3 Renewable Energy Tech (SolarEdge) (# Cos: 2808 | $21.1B) Horizontal (Nel Hydrogen) (# Cos: 575 | $3.9B) Energy Storage (Ambri) (# Cos: 102 | $1.8B) Compressed Air (Hydrostor) (# Cos: 27 | $465M) Hydrostor (2010, Canada, $295M) Cheesecake Energy (2016, United Kingdom, $5.6M) Gaelectric (2004, Ireland, $9.3M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Hydrostor (2010, Canada) $250M - Series D - Jan 2022 Cheesecake E.. (2016, United Kingdom) $4.3M - Seed - Aug 2022 Green-Y (2018, Switzerland) $2.2M - Series A - Dec 2021
  • 18. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Sweep (2020, France) $73.0M - Series B - Apr 2022 $22.0M - Series A - Dec 2021 ClimeCo Green (2009, United States) $50.0M - PE - Apr 2022 ZeroNorth (2014, Denmark) $50.0M - Series B - Jun 2022 Normative (2014, Sweden) $31.7M - Series B - Jul 2022 Greenly (2019, France) $23.0M - Series A - Apr 2022 ClearTrace (2017, United States) $20.0M - Series B - Jun 2022 View all 31 Funding Rounds on Tracxn Platform Carbon Footprint Awareness 10 18 Back to index Air Pollution Management Tech (iRobot) (# Cos: 1710 | $7.6B) Carbon Management (Carbon Clean) (# Cos: 771 | $5.5B) Carbon Footprint Awareness (Plan A) (# Cos: 295 | $587M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $234M (▲19.9%) 31(▲107%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $587M 90 - 295 10 Plan A (2017, Germany, $13.0M) ZeroNorth (2014, Denmark, $60.5M) Sweep (2020, France, $100M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 19. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Lancium (2014, United States) $150M - Series D - Nov 2021 OhmConnect (2013, United States) $55.0M - Series D - Jun 2022 FlexiDAO (2017, Spain) $6.3M - Series A - Jul 2022 FlexCharging (2017, United States) $5.9M - Series A - Sep 2022 Copper Labs (2012, United States) $5.5M - Series A - Mar 2022 GridIO (2016, Estonia) $978K - Seed - Oct 2022 Helix Power (2013, United States) $100K - Seed - Nov 2021 View all 9 Funding Rounds on Tracxn Platform Energy Demand Response Management Solutions 11 19 Back to index Smart Grid (Octopus Energy) (# Cos: 2273 | $12.0B) Utility Management (Tendril) (# Cos: 721 | $2.0B) Demand Response Management (Leap) (# Cos: 167 | $950M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $218M (▲226%) 9(▲28.6%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 33 $950M 76 4 167 9 Leap (2017, United States, $41.7M) EcoFactor (2006, United States, $31.1M) Enernoc (2001, United States, $7.8M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 20. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Commercial Building Energy Management System 12 20 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $216M (▼23%) 35(▼7.9%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 88 $3.4B 343 10 1074 38 Energy Efficiency Tech (Octopus Energy) (# Cos: 6575 | $23.1B) Energy Management System (Schneider Electric) (# Cos: 2838 | $8.2B) Building Automation Systems (Alarm.com) (# Cos: 1818 | $5.6B) BEMS (MRI Software) (# Cos: 1074 | $3.4B) MRI Software (1971, United States, $125M) Landis+Gyr (1896, Switzerland, $1.0B) GridPoint (2003, United States, $539M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. OfficeSpace S.. (2004, United States) $150M - PE - Jan 2022 GridPoint (2003, United States) $75.0M - Series G - Mar 2022 Latchel (2016, United States) $16.7M - Series A - Jul 2022 Cohesion (2018, United States) $15.0M - Series A - Nov 2021 Operto (2005, Canada) $12.0M - Series A - Feb 2022 Hosta (2020, United States) $11.5M - Series A - Nov 2021 Kadence (2021, United Kingdom) $10.1M - Series A - Oct 2022 View all 35 Funding Rounds on Tracxn Platform
  • 21. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Span.IO (2014, United States) $90.0M - Series B - Jan 2022 GridPoint (2003, United States) $75.0M - Series G - Mar 2022 Virtual Peaker (2015, United States) $16.6M - Series A - Feb 2022 Evergen (2015, Australia) $10.5M - Series B - Jun 2022 node.energy (2017, Germany) $7.1M - Series A - Jul 2022 Microgrid Labs (2014, United States) $2.3M - Seed - Dec 2021 Gridcognition (2020, Australia) $2.3M - Seed - Feb 2022 View all 10 Funding Rounds on Tracxn Platform Distributed Energy Resources Management Software 13 21 Back to index Smart Grid (Octopus Energy) (# Cos: 2273 | $12.0B) Distributed Energy Resources (Bboxx) (# Cos: 258 | $2.7B) DERs Management (Autogrid) (# Cos: 101 | $1.2B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $205M (▲12.2%) 10(▲25%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 16 $1.2B 58 2 101 8 Autogrid (2011, United States, $160M) Span.IO (2014, United States, $134M) GridPoint (2003, United States, $539M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 22. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Commercial Building Energy Monitoring System 14 22 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $197M (▲26%) 7(▼61.1%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 32 $1.1B 155 9 593 10 Energy Efficiency Tech (Octopus Energy) (# Cos: 6575 | $23.1B) Energy Monitoring System (Sense) (# Cos: 1109 | $1.9B) Building Monitoring (Plentific) (# Cos: 939 | $1.4B) Commercial (AppFolio) (# Cos: 593 | $1.1B) AppFolio (2006, United States, $30.0M) Plentific (2013, United Kingdom, $144M) ServiceChannel (1999, United States, $56.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Deepki (2014, United Kingdom) $166M - Series C - Mar 2022 Breezeway (2015, United States) $15.0M - Series B - Oct 2022 Logical Build.. (2012, United States) $10.0M - Series D - Dec 2021 Vutility (2016, United States) $2.7M - Series A - Aug 2022 Beacon Power Services (2010, Nigeria) $2.7M - Seed - Aug 2022 Building Inte.. (2006, United States) $1.0M - Series A - Oct 2022 SenseNode (2013, Sweden) Undisclosed - Series A - Oct 2022
  • 23. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Microfinance Providers 15 23 Back to index Microfinance (Fusion Microfinance) (# Cos: 664 | $3.4B) Microcredit (Spandana) (# Cos: 653 | $3.4B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $196M (▼39.2%) 12(▼7.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 25 $3.4B 166 13 653 8 Spandana (1956, India, $192M) Fusion Microfinance (2010, India, $202M) Arohan (2006, India, $77.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Muthoot Microfin (2010, India) $49.8M - Series B - Dec 2021 Belstar Investment an.. (1988, India) $37.5M - Series D - Mar 2022 Annapurna Finance (2009, India) $15.0M - Series E - Jun 2022 $35.0M - Series E - Dec 2021 $20.2M - Series E - Nov 2021 Light Microfinance (2010, India) $24.6M - Series B - Sep 2022 Satyamicrocapital (2016, India) $7.0M - Series C - Jun 2022 View all 12 Funding Rounds on Tracxn Platform
  • 24. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Plastic Waste Recyclers 16 24 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $168M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $201M 17 2 40 1 Solid Waste Management Tech (LanzaTech) (# Cos: 1556 | $8.2B) Recycling (AMP Robotics) (# Cos: 466 | $3.2B) Tech Enabled Recyclers (Redwood Materials) (# Cos: 108 | $1.8B) Plastic (Banyan Nation) (# Cos: 40 | $201M) Banyan Nation (2013, India, $10.0M) Plastic Energy (2017, United Kingdom, $168M) QuantaFuel (2014, Norway, $21.9M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Plastic Energy (2017, United Kingdom) $168M - Series A - Nov 2021 CARBOLIQ (2017, Germany) Undisclosed - Seed - Mar 2022
  • 25. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds H2O Securities (2021, South Africa) $150M - Series D - May 2022 Ketos (2015, United States) $8.3M - Series C - Jun 2022 Faclon Labs (2016, India) $224K - Series A - Jun 2022 Water Grid Distribution Intelligence 17 25 Back to index Water and Wastewater Management Tech (SUEZ) (# Cos: 1446 | $3.5B) Smart Water Grids (WaterSmart Environmental) (# Cos: 82 | $247M) Distribution Intelligence (Ketos) (# Cos: 31 | $204M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $159M (▲2542%) 3(▼25%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $204M 18 - 31 4 Ketos (2015, United States, $34.8M) Faclon Labs (2016, India, $1.2M) Kando (2012, Israel, $16.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 26. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Sense (2013, United States) $128M - Series C - Apr 2022 Comgy (2016, Germany) $29.0M - Series B - Nov 2021 SparkMeter (2013, United States) $10.0M - Series A - Mar 2022 Smart Energy Meters 18 26 Back to index Smart Grid (Octopus Energy) (# Cos: 2273 | $12.0B) Advanced Metering Infrastructure (Trilliant) (# Cos: 670 | $1.3B) Smart Meters (Sense) (# Cos: 392 | $693M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $157M (▲1557%) 3(▼40%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 20 $693M 65 9 392 6 Sense (2013, United States, $195M) Aclara Technologies (1972, United States) Discovergy (2009, Germany, $8.6M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 27. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Post Combustion Carbon Capture 19 27 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $150M (▲668%) 3(▼25%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $787M 8 - 12 3 Air Pollution Management Tech (iRobot) (# Cos: 1710 | $7.6B) Carbon Management (Climeworks) (# Cos: 771 | $5.5B) Carbon Capture (Carbon Direct) (# Cos: 198 | $3.5B) Diversified (LanzaTech) (# Cos: 70 | $1.3B) Flue Gas Emissions (Carbon Clean) (# Cos: 12 | $787M) Carbon Clean (2009, United Kingdom, $214M) LanzaTech (2005, United States, $369M) Twelve (2010, United States, $187M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Carbon Clean (2009, United Kingdom) $150M - Series C - Feb 2022 Twelve (2010, United States) $130M - Series B - Jun 2022 LanzaTech (2005, United States) $30.0M - Series E - Dec 2021
  • 28. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Robotic Solid Waste Sorting 20 28 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $139M (▲131%) 6(▲50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $293M 16 - 25 3 Solid Waste Management Tech (LanzaTech) (# Cos: 1556 | $8.2B) Recycling (Redwood Materials) (# Cos: 466 | $3.2B) Automated Sorting (ZenRobotics) (# Cos: 41 | $320M) Robots (AMP Robotics) (# Cos: 25 | $293M) AMP Robotics (2015, United States, $149M) ZenRobotics (2007, Finland, $17.1M) Smarter Sorting (2015, United States, $62.4M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. AMP Robotics (2015, United States) $71.2M - Series C - Jul 2022 Smarter Sorting (2015, United States) $7.0M - Series B - Aug 2022 $25.0M - Series B - Mar 2022 Everest Labs (2018, United States) $16.1M - Series A - Jul 2022 Gongye Technology (2018, China) $14.9M - Series A - Jul 2022 Glacier (2019, United States) $4.5M - Seed - Apr 2022
  • 29. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Microgrid Operators 21 29 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $136M (▼12.3%) 3(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 6 $801M 30 1 59 7 Smart Grid (Octopus Energy) (# Cos: 2273 | $12.0B) Distributed Energy Resources (Autogrid) (# Cos: 258 | $2.7B) Microgrid (Husk Power Systems) (# Cos: 130 | $920M) Operators (Bboxx) (# Cos: 59 | $801M) Bboxx (2005, United Kingdom, $65.0M) Husk Power Systems (2008, India, $32.1M) Scale Microgrid Soluti.. (2016, United States, $300M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. VoltaGrid (2020, United States) $100M - Series C - Dec 2021 David Energy (2016, United States) $20.5M - Series A - Mar 2022 Bboxx (2005, United Kingdom) $15.0M - Series D - May 2022
  • 30. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Solar Project Development Services Marketplace 22 30 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $130M (▲276%) 3( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $259M 33 - 87 5 Renewable Energy Tech (First Solar) (# Cos: 2808 | $21.1B) Solar Energy (SolarEdge) (# Cos: 1442 | $12.2B) ECommerce (Enpal) (# Cos: 123 | $880M) Project Development Services (EnergySage) (# Cos: 87 | $259M) Marketplace (Solfácil) (# Cos: 87 | $259M) Solfácil (2018, Brazil, $165M) EnergySage (2009, United States, $6.4M) MYSUN (2015, India, $9.4M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Solfácil (2018, Brazil) $30.0M - Series C - Sep 2022 $100M - Series C - Apr 2022 SafEarth (2018, India) Undisclosed - Seed - Dec 2021
  • 31. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Hepatitis Drugs 23 31 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $130M (▲30.1%) 5(▲150%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 14 $1.8B 40 8 52 3 Infectious Diseases (Cepheid) (# Cos: 2122 | $31.2B) Drugs (Adaptive Biotechnologies) (# Cos: 1177 | $26.3B) Viral (Moderna) (# Cos: 561 | $14.0B) Hepatitis (Finch Therapeutics) (# Cos: 52 | $1.8B) Finch Therapeutics (2004, United States, $184M) Aligos Therapeutics (2018, United States, $225M) Brii Biosciences (2018, United States, $515M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Ancora Biotech (2021, United States) $60.0M - Series A - Jun 2022 Bluejay Thera.. (2021, United States) $41.0M - Series B - Aug 2022 Shanghai Hepu Pharmac.. (2013, China) $14.9M - Series A - Jul 2022 Kemi Biopharmaceutical (China) $14.1M - Series A - Sep 2022 Shanghai Auson Pharma.. (2019, China) Undisclosed - Series B - Aug 2022
  • 32. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Fibre Waste Recyclers 24 32 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $130M (▲264%) 2(▲100%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $217M 10 1 11 3 Solid Waste Management Tech (LanzaTech) (# Cos: 1556 | $8.2B) Recycling (AMP Robotics) (# Cos: 466 | $3.2B) Tech Enabled Recyclers (Redwood Materials) (# Cos: 108 | $1.8B) Fibre (Renewcell) (# Cos: 11 | $217M) Renewcell (2012, Sweden, $11.0M) Infinited Fiber (2016, Finland, $39.9M) Recover (1947, Spain, $100M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Recover (1947, Spain) $100M - Series D - Jun 2022 Circ (2011, United States) $30.0M - Series B - Jul 2022
  • 33. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds BillionToOne (2015, United States) Undisclosed - Series B - Mar 2022 $125M - Series C - Mar 2022 Luna Genetics (2018, United States) $665K - Seed - Dec 2021 Prenatal Diagnostic Tests 25 33 Back to index Women Health (Hologic) (# Cos: 800 | $7.0B) In Vitro Diagnostic Tests (Progenity) (# Cos: 138 | $1.6B) Prenatal (Natera) (# Cos: 43 | $876M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $126M (▲119%) 3(▲50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 12 $876M 26 5 43 1 Natera (2004, United States, $152M) Progenity (2011, United States, $217M) BillionToOne (2015, United States, $210M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 34. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Affordable Housing Loans 26 34 Back to index Affordable Housing (Deewan Housing Finance Corporation) (# Cos: 4398 | $1.6B) Financing (Aptus Value Housing Finance India) (# Cos: 172 | $674M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $113M (▲154%) 2(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 8 $674M 23 8 172 4 Aptus Value Housing Fi.. (2009, India, $196M) Deewan Housing Finance.. (1984, India) Aadhar Housing Finance (2010, India, $17.7M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Shubham (2010, India) $112M - Series E - Jun 2022 Brazos Reside.. (2021, United States) $1.3M - Seed - Jun 2022
  • 35. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Home Energy Management System 27 35 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $110M (▲3.1%) 2(▼81.8%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 9 $987M 66 3 228 12 Energy Efficiency Tech (Octopus Energy) (# Cos: 6575 | $23.1B) Energy Management System (SmartRent) (# Cos: 2838 | $8.2B) Building Automation Systems (Schneider Electric) (# Cos: 1818 | $5.6B) HEMS (Alarm.com) (# Cos: 228 | $987M) Alarm.com (2000, United States, $137M) SmartRent (2017, United States, $138M) Tendril (2004, United States, $235M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Tibber (2016, Sweden) $100M - Series C - Mar 2022 Sunverge (2009, United States) $10.3M - Series C - Mar 2022
  • 36. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Residential Solar Power Plant Monitoring Systems 28 36 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $108M (▲ >10K%) 3(▲200%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $119M 14 - 45 3 Renewable Energy Tech (First Solar) (# Cos: 2808 | $21.1B) Solar Energy (SolarEdge) (# Cos: 1442 | $12.2B) Monitoring (Clear Blue Technologies) (# Cos: 338 | $307M) Residential Solar Monitoring (MyLight Systems) (# Cos: 45 | $119M) MyLight Systems (2014, France, $2.2M) Svea Solar (2014, Sweden, $107M) Evergen (2016, Australia, $6.7M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Svea Solar (2014, Sweden) $107M - Series A - Jun 2022 Undisclosed - Seed - Mar 2022 SolarView (2013, Brazil) $757K - Seed - Oct 2022
  • 37. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Blockchain Based Carbon Trading Platform 29 37 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $106M (▲666%) 8(▲60%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $130M 21 - 68 3 Air Pollution Management Tech (iRobot) (# Cos: 1710 | $7.6B) Carbon Management (Carbon Clean) (# Cos: 771 | $5.5B) Carbon Offset Trading Platforms (Xpansiv) (# Cos: 269 | $1.3B) Blockchain Enabled (Nori) (# Cos: 68 | $130M) Nori (2017, United States, $12.3M) Flowcarbon (2021, United States, $70.0M) ClimateTrade (2016, Spain, $9.1M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Flowcarbon (2021, United States) $70.0M - Series A - May 2022 MOSS (2020, Brazil) $10.0M - Series A - Feb 2022 Nori (2017, United States) $7.0M - Series A - Feb 2022 Carbonfuture (2020, Germany) $5.3M - Series A - Sep 2022 AirCarbon (2019, Singapore) $5.0M - Series A - Mar 2022 Reneum (2018, Singapore) $4.1M - Seed - Oct 2022 Solid World (2021, Estonia) $2.5M - Seed - May 2022 View all 8 Funding Rounds on Tracxn Platform
  • 38. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Sprout Pharma.. (2011, United States) $28.0M - Series D - Aug 2022 $25.1M - Series D - May 2022 Gameto (2020, United States) $17.0M - Series A - Sep 2022 $20.0M - Series A - Jan 2022 Oviva Therape.. (2021, United States) $11.5M - Seed - May 2022 Reproductive Diseases Drugs 30 38 Back to index Women Health (Hologic) (# Cos: 800 | $7.0B) Drugs (Evofem) (# Cos: 127 | $1.7B) Reproductive Diseases (Forendo Pharma) (# Cos: 34 | $522M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $102M (▲81.3%) 5(▲150%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $522M 22 4 34 2 Forendo Pharma (2013, Finland, $25.6M) OvaScience (2011, United States, $77.2M) ObsEva (2012, Switzerland, $94.7M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 39. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Data Center Energy Management Systems 31 39 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $100M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 26 $710M 60 7 144 7 Energy Efficiency Tech (Octopus Energy) (# Cos: 6575 | $23.1B) Energy Management System (Schneider Electric) (# Cos: 2838 | $8.2B) Building Automation Systems (Alarm.com) (# Cos: 1818 | $5.6B) IEMS (Device42) (# Cos: 294 | $1.0B) Data Center (Asetek) (# Cos: 144 | $710M) Asetek (1997, Denmark, $34.0M) Device42 (2010, United States, $38.5M) Liqid (2013, United States, $160M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Liqid (2013, United States) Undisclosed - Series C - May 2022 $100M - Series C - Nov 2021
  • 40. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Air Insulated Windows 32 40 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $100M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $101M 5 - 5 0 Energy Efficiency Tech (Octopus Energy) (# Cos: 6575 | $23.1B) Thermal Products (Turntide) (# Cos: 372 | $2.3B) Insulation (Aspen Aerogel) (# Cos: 35 | $424M) Air (WexEnergy) (# Cos: 5 | $101M) Window Panels (Tecnoglass) (# Cos: 5 | $101M) Tecnoglass (1994, Colombia) WexEnergy (2014, United States, $510K) AeroShield (2019, United States, $400K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Halionic (2015) $100M - Series C - Dec 2021
  • 41. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Thermal Renewable Energy Storage System 33 41 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $97.1M (▲ >10K%) 3(▲200%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $97.2M 3 - 3 2 Renewable Energy Tech (SolarEdge) (# Cos: 2808 | $21.1B) Horizontal (Nel Hydrogen) (# Cos: 575 | $3.9B) Energy Storage (Ambri) (# Cos: 102 | $1.8B) Thermal (Antora Energy) (# Cos: 3 | $97.2M) Antora Energy (2017, United States, $50.1M) Rondo Energy (2020, United States, $47.1M) Kelvin Thermal Energy (2013, Canada) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Antora Energy (2017, United States) $50.0M - Series A - Feb 2022 Rondo Energy (2020, United States) $25.1M - Series B - Jun 2022 $22.0M - Series A - Feb 2022
  • 42. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Energy Efficient Motors 34 42 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $90.6M (▼70.3%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $540M 3 - 3 1 Energy Efficiency Tech (Octopus Energy) (# Cos: 6575 | $23.1B) Thermal Products (Aspen Aerogel) (# Cos: 372 | $2.3B) HVAC (Atomberg) (# Cos: 264 | $1.6B) Motors (Turntide) (# Cos: 3 | $540M) Turntide (2004, United States, $524M) QM Power (2006, United States, $16.1M) Virtual Forest (2019, India, $468K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Turntide (2004, United States) $80.0M - Series D - Jun 2022 $10.6M - Series C - May 2022
  • 43. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Nutrient Recovery from Organic Waste 35 43 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $82.2M (▲279%) 3(▼25%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $264M 19 1 35 2 Solid Waste Management Tech (LanzaTech) (# Cos: 1556 | $8.2B) Recycling (AMP Robotics) (# Cos: 466 | $3.2B) Organic Waste Conversion (Origin Materials) (# Cos: 119 | $641M) Nutrient Recovery (Ostara) (# Cos: 35 | $264M) 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 Chaincraft (2010, Netherlands) $10.9M - Series B - Sep 2022 Wastelink (2018, India) $1.3M - Seed - May 2022
  • 44. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds F2g (1998, United Kingdom) $70.0M - Series E - Aug 2022 Hallux (2012, United States) $9.4M - Series A - Apr 2022 Anti Fungal Drugs 36 44 Back to index Infectious Diseases (Adaptive Biotechnologies) (# Cos: 2122 | $31.2B) Drugs (Moderna) (# Cos: 1177 | $26.3B) Fungal (Scynexis) (# Cos: 27 | $744M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $79.4M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $744M 19 4 27 1 Scynexis (1999, United States, $62.7M) Amplyx Pharmaceuticals (2006, United States, $144M) F2g (1998, United Kingdom, $253M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 45. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds ILiAD Biotech.. (2012, United States) $42.8M - Series D - Sep 2022 TenNor Therapeutics (2013, China) $41.5M - Series D - Mar 2022 Locus Bioscie.. (2015, United States) $35.0M - Series B - May 2022 VenatoRx (2010, United States) $34.0M - Series C - Apr 2022 Centauri The.. (2014, United Kingdom) $32.5M - Series A - Feb 2022 Bioversys (2008, Switzerland) $24.9M - Series C - Jun 2022 Micreos (2005, Netherlands) $24.6M - Series D - Oct 2022 View all 23 Funding Rounds on Tracxn Platform Anti Bacterial Drugs 37 45 Back to index Infectious Diseases (Adaptive Biotechnologies) (# Cos: 2122 | $31.2B) Drugs (Moderna) (# Cos: 1177 | $26.3B) Bacterial (Spero Therapeutics) (# Cos: 339 | $5.6B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $77.4M (▼78.5%) 23(▲4.5%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 41 $5.6B 251 38 339 32 Spero Therapeutics (2013, United States, $115M) Locus Biosciences (2015, United States, $67.3M) Affinivax (2013, United States, $360M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 46. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Monitoring of Industrial Emission 38 46 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $60.3M (▲33.9%) 3( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $227M 7 - 8 3 Air Pollution Management Tech (iRobot) (# Cos: 1710 | $7.6B) Emission Management (Daphne Technology) (# Cos: 169 | $736M) Monitoring (GHGSat) (# Cos: 36 | $249M) Industrial Sites (Kayrros) (# Cos: 8 | $227M) Kayrros (2016, France, $79.5M) GHGSat (2011, Canada, $101M) Kairos Aerospace (2013, United States, $45.1M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Kayrros (2016, France) $44.1M - Series C - Mar 2022 GHGSat (2011, Canada) $16.1M - Series B - Nov 2021 Earthview (2019, United States) Undisclosed - Seed - Apr 2022
  • 47. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Smart Glass Windows 39 47 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $60.0M (▼91.6%) 2(▼66.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $3.9B 13 2 16 4 Energy Efficiency Tech (Octopus Energy) (# Cos: 6575 | $23.1B) Lighting Products (Acuity Brands) (# Cos: 1524 | $7.6B) Daylighting (Gauzy) (# Cos: 28 | $3.9B) Smart Glasses (View) (# Cos: 16 | $3.9B) View (2007, United States, $3.5B) Gauzy (2009, Israel, $81.3M) ChromoGenics (2003, Sweden, $15.8M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Gauzy (2009, Israel) $60.0M - Series D - Feb 2022 Ambilight (2017, United States) Undisclosed - Series C - Nov 2021
  • 48. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Preterm Birth Risk Assessment Tests 40 48 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $60.0M (▼54%) 1(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $363M 6 2 6 1 Women Health (Hologic) (# Cos: 800 | $7.0B) In Vitro Diagnostic Tests (Natera) (# Cos: 138 | $1.6B) Fertility (Celmatix) (# Cos: 42 | $453M) Preterm Birth (Sera Prognostics) (# Cos: 6 | $363M) Sera Prognostics (2008, United States, $258M) Yourgene Health (2000, United Kingdom) Mirvie (2019, United States, $90.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Mirvie (2019, United States) $60.0M - Series B - May 2022
  • 49. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Sympower (2015, Estonia) $22.3M - Series C - Jul 2022 Recurve (2004, United States) $18.0M - Series B - Aug 2022 $19.0M - Series B - May 2022 Flexibility Services Marketplace 41 49 Back to index Smart Grid (Octopus Energy) (# Cos: 2273 | $12.0B) Flexibility Services (Packetized Energy) (# Cos: 9 | $116M) Marketplace (Recurve) (# Cos: 5 | $93.8M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $59.3M (▲295%) 3( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $93.8M 3 - 5 2 Recurve (2004, United States, $51.0M) Sympower (2015, Estonia, $33.0M) Piclo (2013, United Kingdom, $9.8M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 50. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Thermoelectric Waste Heat Recovery 42 50 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $59.0M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $215M 32 2 63 4 Energy Efficiency Tech (Octopus Energy) (# Cos: 6575 | $23.1B) Thermal Products (Turntide) (# Cos: 372 | $2.3B) Waste Heat Recovery (Modern Electron) (# Cos: 70 | $283M) Thermoelectric (Nowi Energy) (# Cos: 63 | $215M) Nowi Energy (2015, Netherlands, $13.0M) Modern Electron (2015, United States, $40.0M) Enertime (2008, France, $7.3M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Modern Electron (2015, United States) $30.0M - Series B - Dec 2021 Orcan Energy (2008, Germany) $29.0M - Series D - Sep 2022
  • 51. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds eSmart Systems (2012, Norway) $40.2M - Series B - Aug 2022 Amperon (2017, United States) $7.0M - Series A - Jan 2022 DCbrain (2014, France) $5.3M - Series A - Jun 2022 BluWave-ai (2017, Canada) $4.5M - Series A - Apr 2022 Grid Analytics 43 51 Back to index Smart Grid (Octopus Energy) (# Cos: 2273 | $12.0B) Grid Management (AiDash) (# Cos: 410 | $1.4B) Analytics (BluWave-ai) (# Cos: 118 | $273M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $57.0M (▲ >10K%) 4(▼20%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 12 $273M 51 - 118 8 BluWave-ai (2017, Canada, $8.3M) SpaceTime Insight (2008, United States, $54.6M) eSmart Systems (2012, Norway, $69.7M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 52. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Software for Solid Waste Management 44 52 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $56.7M (▲ >10K%) 3(▲200%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 12 $217M 37 1 159 2 Solid Waste Management Tech (LanzaTech) (# Cos: 1556 | $8.2B) Collection (ecoATM) (# Cos: 774 | $1.4B) Software Solutions (Resourcify) (# Cos: 248 | $244M) Waste Collectors IT (ReCollect) (# Cos: 187 | $236M) Suite (AMCS) (# Cos: 159 | $217M) AMCS (2004, Ireland, $143M) ReCollect (2009, Canada) Evreka (2014, Turkey, $3.2M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. ServiceCore (2003, United States) $54.0M - Series B - Feb 2022 Evreka (2014, Turkey) $2.2M - Seed - Jan 2022 EcoTree (2017, Romania) $502K - Seed - Nov 2021
  • 53. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds OLED Components 45 53 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $55.0M (▲60.3%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $175M 17 3 28 2 Energy Efficiency Tech (Octopus Energy) (# Cos: 6575 | $23.1B) Lighting Products (Acuity Brands) (# Cos: 1524 | $7.6B) Optical Components (UbiQD) (# Cos: 107 | $634M) OLED (OTI Lumionics) (# Cos: 28 | $175M) OTI Lumionics (2011, Canada, $55.0M) Kyulux (2015, Japan, $84.4M) Novaled (2003, Germany, $34.7M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. OTI Lumionics (2011, Canada) $55.0M - Series B - Oct 2022
  • 54. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Anti Retroviral Drugs 46 54 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $50.0M (▲150%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 5 $467M 34 7 54 2 Infectious Diseases (Cepheid) (# Cos: 2122 | $31.2B) Drugs (Adaptive Biotechnologies) (# Cos: 1177 | $26.3B) Viral (Moderna) (# Cos: 561 | $14.0B) HIV (American Gene) (# Cos: 54 | $467M) American Gene (2008, United States, $52.8M) Merck Sharp & Dohme (1891, United States) Aelix Therapeutics (2015, Spain, $12.6M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. American Gene (2008, United States) $50.0M - Series B - Apr 2022
  • 55. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Carbon Footprint in Logistics 47 55 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $50.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $60.5M 2 - 3 0 Air Pollution Management Tech (iRobot) (# Cos: 1710 | $7.6B) Carbon Management (Carbon Clean) (# Cos: 771 | $5.5B) Carbon Footprint Awareness (Plan A) (# Cos: 295 | $587M) Logistics (ZeroNorth) (# Cos: 3 | $60.5M) ZeroNorth (2014, Denmark, $60.5M) Metigate (2016, France) GreenRouter (2016, Italy) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. ZeroNorth (2014, Denmark) $50.0M - Series B - Jun 2022
  • 56. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Commercial HVAC Management System 48 56 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $48.4M (▲5.7%) 8(▼20%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 11 $361M 86 2 214 10 Energy Efficiency Tech (Octopus Energy) (# Cos: 6575 | $23.1B) Energy Management System (Alarm.com) (# Cos: 2838 | $8.2B) HVAC Management (ecobee) (# Cos: 426 | $804M) Commercial (BrainBox AI) (# Cos: 214 | $361M) BrainBox AI (2017, Canada, $57.9M) Smart Joules (2014, India, $7.7M) Optimum Energy (2005, United States, $40.9M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. BrainBox AI (2017, Canada) $30.0M - Series A - Jul 2022 Axiom Cloud (2014, United States) $11.0M - Series A - Oct 2022 $2.5M - Seed - Nov 2021 ConnectM (2007, United States) $2.1M - Series A - Mar 2022 Vilisto (2016, Germany) $1.7M - Seed - Jan 2022 Smart Joules (2014, India) $928K - Series A - Jun 2022 Clairco (2018, India) $187K - Seed - Feb 2022 View all 8 Funding Rounds on Tracxn Platform
  • 57. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Circulor (2017, United Kingdom) $25.0M - Series B - Jun 2022 Altruistiq (2020, United Kingdom) $18.0M - Seed - Jul 2022 Optera (2006, United States) $4.2M - Series A - Feb 2022 Carbon Balance Techno.. (2021, China) Undisclosed - Angel - Feb 2022 Enemind (2020, China) Undisclosed - Angel - Oct 2022 Data Intelligence for Emissions 49 57 Back to index Air Pollution Management Tech (iRobot) (# Cos: 1710 | $7.6B) Emission Management (Kayrros) (# Cos: 169 | $736M) Data Intelligence (Circulor) (# Cos: 65 | $108M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $47.2M (▲112%) 5(▼16.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $108M 19 - 65 3 Circulor (2017, United Kingdom, $45.0M) Pathzero (2020, Australia, $5.7M) CoolPlanet (2008, Ireland, $31.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 58. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Recent Funding Rounds Smart LED Lights 50 58 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $47.1M (▲20.5%) 4(▼42.9%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 30 $1.1B 155 14 1289 11 Energy Efficiency Tech (Octopus Energy) (# Cos: 6575 | $23.1B) Lighting Products (EcoSense Lighting) (# Cos: 1524 | $7.6B) LED (Nanoleaf) (# Cos: 1313 | $1.5B) Smart Lights (Acuity Brands) (# Cos: 1289 | $1.1B) Acuity Brands (2001, United States) Nanoleaf (2012, Canada, $2.9M) EcoSense Lighting (2008, United States, $101M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Yeelight (2013, China) $47.1M - Series E - Dec 2021 Plantalux (2016, Poland) $1.4M - Seed - Jan 2022 AgEYE Technol.. (2019, United States) $500K - Seed - Oct 2022 Sollum Technologies (2015, Canada) Undisclosed - Series A - Feb 2022
  • 59. Sustainability Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Recent funding rounds Investment Trends Most Active Investors Top Funded Business Models Explore more on Tracxn All Tech Companies US Tech Companies Online Travel Companies Companies using AI in Healthcare Companies founded by Stanford GSB Alumni Soonicorn club in Fintech Analyst Picks in Israel Tech Key News in FinTech Events in Bay Area Angel Investors in United States Bluebox Companies Investment Activity Miscellaneous Company Detail Page of DoorDash Competitors of Freshworks Cap Table for TransferWise Financials for Ola Employee Count for Revolut Company Due Diligence Exits Public Companies Acquired Companies Most Active Acquirers Reports Delhivery - Company Report Novel Foods - Business Model Report HRTech - Feed Report FinTech - Top Business Models Report US Tech - Top Business Models Report US Tech - Monthly Report 59
  • 60. Sustainability Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Explore other Reports on Tracxn HRTech InsurTech Food Tech Novel Foods Blockchain Network P2P Remittance Business Model Reports FinTech Europe Consumer Digital SEA HiTech US Feed Geo Reports Company Reports Monthly Unicorn Report Unicorn Reports Transferwise Coursera BigBasket Feed Reports Top Business Models in PA FinTech Enterprise Applications Artificial Intelligence Geo Monthly Reports US Tech Europe Tech China Tech Top Business Models in Geo India Tech Israel Tech UK & Ireland Tech 60
  • 61. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Sustainability Tech - Top Business Models Report Thank You 61 Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Limited including but not limited to the information contained herein ("Data") is the sole property of Tracxn Technologies Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or sell the Data or any portion thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion thereof; to any other party, except with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data into analysis, presentations or tools for your customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information. For further information please refer to our Terms of Use at www.tracxn.com