Zou: Climate tech exits dropped 50% in 2023 as SPACs fell 80%
Kim Zou · 2023 climate tech venture investment trends · Jan 11, 2024 · at 24:54
Kim Zou, CEO of Sightline Climate, discusses climate tech venture liquidity and exit activity in 2023 with host Shail Khan.
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“It cut in half, so we tracked 50% less exits in twenty-twenty-three, and this was really driven by SPACs finally fizzing out. I think we started to see that happen towards the beginning of twenty-twenty-two but the count of SPACs were, climate tech SPACs were down 80% compared to the prior year.”
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