While the amount of funding in the late stage almost tripled to $458 million from $149 million in May last year, investors made only four investments in May, over eight deals in the year-ago period.
Over the last 12-15 months, investors such as Blume Ventures, Leo Capital and new entrants like Synapses have been betting on climate tech startups. Even global investors are looking to invest in climate tech companies.
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