Dealroom：2023年影響力初創(chuàng)公司報(bào)告 Impact Startups 2023

ImpactStartups2023

November2023

Initiators

Dealroom.coisaglobalintelligenceplatformfordiscoveringandtrackingthemost

promisingcompanies,technologiesandecosystems.

OtherImpactpartners

Rockstart

215○

FoodLabs

ImpactcityImpactFest

ImpactCityTheHagueisaleadingEuropeanecosystemfororganisationsthat

combine'doinggoodanddoingbusiness'.Wefacilitateinnovativeentrepreneursin

startingandscalinguptheirbusinesses.

WeareamodernbankforpeopleandbusinessesacrosstheNordicswithdeep

financialcompetenceandleadinginnovativesolutions.

Knowledgepartners

+imp

Planet+

Page/2Source:Dealroom.co.

Whatyouneedtoknow

StrongglobalslowdowninimpactVC

fundingdespitetheneedforamassive

accelerationonSDGprogress.

Impactstartupshaveraisedover$41Bin2023

sofar,aprojected36%dropfrom2021-2022

levels.ThisisinlinewithglobalVCcapital

dropping35%.

Thisdropsisespeciallyworryingsincenoneof

the17goalsison-tracktobeachievedin2023.

Inaddition,impactstartupsarenowwortha

combined$2.4T.

EuropesurpassestheUS,andstillalong

wayforclimatejustice.

EuropehasnowsurpassedtheUSforVCimpact

fundingin2023,andkeepsbeingbyfarthe

regionwiththehighestshareofimpactfunding

(over30%)vslessthan10%.

Lowandmiddleincomecountriesare

attractingaminimal5%shareofglobalimpact

funding,despitehousingover50%ofglobal

populationandbeingthemostexposedto

climatechangeimpacts.

Morehelpisneededtodeveloptheirdomestic

impactecosystem.

Climatetechdominates

Climate-relatedSDGsattract,byfar,thevast

majorityofimpactinvestment.

Ontheotherhand,startupsaddressingsocial

relatedUNSDGsareunderfunded.

SeveralClimateTechsegmentsareamongthe

fastestgrowingventurecapitalcategoriessuch

ascarbontech,labgrownmeat,hydrogen,

climatefintechandEVbatteries.

ClimatetechVCfundingisdown35%fromlast

year,butPE,projectfinanceanddebtarefilling

thegap.

Page/3Source:Dealroom.co.

Page/4

Tableofcontents

1Investmentoverview

2Spotlightthemes

3Geographicanalysisandclimatejustice

4ImpactjobsintheNetherlands

1Investmentoverview

Impact

companiesare

nowworth$2.4T,

aslightdecline

fromthe$2.8T

peakin2021.

EnterprisevalueofImpactStartups

?viewonline

Page/6

Source:

Dealroom.co.|Createdwithdatawrapper.de

Sumofthevaluationsofstartupsfoundedafter1990.UsingestimatedvaluationsbasedonmostrecentVCrounds,publicmarketsandpubliclydisclosedvaluationsasofNov3rd2023.

In2022impactfundingperformedwellalmostmatching2021levels.Nowitis

projectedtodrop36%,inlinewiththeoverallVCmarketprojecting37%decline.

Venturecapitalinvestmentintoglobalimpactstartups

?viewonline

Page/7Source:

Dealroom.co.|Createdwithdatawrapper.de

DataasofNov3rd2023.

EuropehassurpassedtheUSastopfunderofImpactstartupsthisyearandisproving

muchmoreresilientinthedownturn.

TopRegionsbyImpactVCFunding

?viewonline

Averageglobaldrop

-45%

Page/8Source:

Dealroom.co.|Createdwithdatawrapper.de

Dataasof27thofOctober2023,growthcomputedcomparing2022andprojectionof2023valuesatyearsend

SlowerimpactinvestmentsareespeciallyworryingbecauseSDGsareslippingoutof

reach.Noneofthe17goalsison-tracktobeachievedby2030.

Progressassessmentforthe17Goals,2023orlatest*

All17SDGsarefarfrombeingontrackfor2030

objective.

Onlyahandfulofsubsidiarytargetsforanygoalare

evenclose.

Progressonmorethan50percentoftargetsofthe

SDGsisweakandinsu?icient;on30percent,ithas

stalledorgoneintoreverse.

Theseincludekeytargetsonpoverty,hungerand

climate.

Unlessactionistakenow,

the“2030Agendacouldbecomeanepitaph

foraworldthatmighthavebeen”

(UNSecretary-GeneralAntónioGuterres)

Page/9Source:

Dealroom.co.|Createdwithdatawrapper.de

*/gsdr/gsdr2023

,

/sdgs/report/2023/

257Impact

companies

foundedsince1990

havebecome

Unicorns.

Only11were

mintedin2023so

far.

Page/10

Cumulativenumberofglobalimpactunicorns

?viewonline

Source:

Dealroom.co.|Createdwithdatawrapper.de

DataasofNov3rd2023.

ClimateActionand

A?ordable&Clean

Energyarestillby

farthemost

funded

Sustainable

Development

Goals.

2018to2023YTDglobalinvestmentperSustainableDevelopmentGoal

?viewonline

Page/11

Source:

Dealroom.co.|Createdwithdatawrapper.de

DataasofNov3rd2023.

2Spotlightthemes

Climatetech

startupsare

projectedtoraise

$44.5Bthisyear,a

35%dropfrom

2021-2022levels.

VCinvestmentinclimatetechstartups

?viewonline

Page/13

Source:

Dealroom.co.|Createdwithdatawrapper.de

DataasofNov3rd2023.

SeveralClimateTech

segmentsareamong

thefastestgrowing

venturecapital

categoriessuchas

carbontech,lab

grownmeat,

hydrogen,climate

fintechandEV

batteries.

Page/14

Fastgrowingventurecapitalcategories

ClimatetechRestoftech

Fundinggrowthlast5years

(log-scale)

VCfunding?22-?23

(log-scale)

Source:

Dealroom.co.|Createdwithdatawrapper.de

Dataasof27thofOct2023.

Climatetechinvestorsraised$10.9Bin2023sofar,amuchslowerfundraisingpace

thanlasttwoyears.Howeveralotofdrypowderisstillavailabletodeploy.

GlobalclimatetechfundsbyinvestorHQ

$10.9B

SelectedClimateTechfundsraisedin2023

EURAZEO

Newlyfundlaunchedin2023

PLANETEERCAPITAL

OVERVIEW

Page/15Source:

Dealroom.co.|Createdwithdatawrapper.de

DataasofNov3rd2023.

BeyondVCfunding,climatetechcompaniesraisednearly$50Binotherprivatefinancing,

anhistoricalhigh.Alltogetherprivatefinancingisprojectedonparwith2021-2022.

Fundingtoprivateclimatetechcompanies

?viewonline

Page/16Source:

Dealroom.co|CreatedwithDatawrapper.de

Dataasof27thofOct2023.

Renewableenergystartupsalreadyraisedalmost$4Bthisyear,aslightdeclinefrom2021-2022.Solarwidelyleadsattracting84%ofallVCfundinginthelast3years.

VCinvestmentinrenewableenergystartups*

?viewonline

RenewableenergyVCfundingbysector(2021-2023)

Page/17Source:

Dealroom.co.|CreatedwithDatawrapper.deDataasof27thofOct2023.

*Renewableenergyconsideredhereassolar,wind,geothermal,hydropower,wave,tidal,andothermarineenergy.Doesnot

includeenergyinfrastructureproviders.

BlueRenewableEnergyinvestmentsareramping

uptoalmost$300Mthisyear,butstillrepresenta

smallfractionoftotalenergyinvestments.

VCinvestmentinBlueRenewableEnergy

?viewonline

Dealroom.co.|CreatedwithDatawrapper.deDataasof27thofOct2023.

Page/18Source:

?1200+bluetech

startups

Food&Ag:thecombinedvaluationofRegenerativeAgriculturestartupshasgrown6x

since2016to$9.1B,mostlyledbystartupsfoundedsince2010.

Combinedvaluationofregenerativeagriculturestartups

?viewonline

Explore75+RegenerativeAgriculturestartups?

Regenerativeagricultureplatforms

DatascienceplatformtoenableRegAgpractices

Scalingregenerative

agriculturethroughremote

sensing

Planningandmonitoringforadaptivelandmanagement

Soilhealth&carbonremoval

Cropinoculationwithsymbioticmicroorganisms

Eion

Enhancedrockweathering(ERW)carbonremoval.

Advancedpreventionand

managementofagricultural

diseases

Sustainablefertilizers

Microbesforsustainablenitrogencropnutrition

soundy

Microbiomefertilizer

Greencropprotection

Page/19Source:

Dealroom.co.|CreatedwithDatawrapper.de

Dataasof27thofOct2023.

Circulareconomystartupsareexpectedtoraise$5.2Bin2023,projectedtodropjust17%fromlastyear.HoweverthisresilienceismostlyledbyEVbatteryrecycling.

VCinvestmentincirculareconomystartups

?viewonline

SelectedCirculareconomyroundsin2023

?viewonline

Startup

Lgradiat

Braven

APK

Fundinground

$1.0BSeriesD

$460MSeriesD

$225MSeriesD

$200MLateVC

$130MLateVC

Focus

EVbatteryrecycling

EVbatteryrecycling

Waterandwastewatertreatment

Plasticrecycling

Plasticrecycling

Explore1200+CircularEconomystartups?

Page/20Source:

Dealroom.co.|CreatedwithDatawrapper.de

Dataasof27thofOct2023.

Fundingforcirculareconomystartupsinfashionhassloweddowndramatically,

despitethehugeenvironmentalimpactofthefashionindustry.

VCinvestmentincirculareconomyforfashion

?viewonline

Mainsuccesses

vestiairecolective

otrium

69spiber

TheRealReal

TRADESY

Seethefulllist?

Risingstars

vendora

ICTYOS

vitroLabsInc

Seethefulllist?

Page/21Source:

Dealroom.co.|CreatedwithDatawrapper.de

Dataasof27thofOct2023.

3Geographicanalysisand

climatejustice

Europehasnow

surpassedthe

UStobecome

theleading

impact

destination.

ImpactVCfundingbyregion

Page/23

Source:

Dealroom.co.|CreatedwithDatawrapper.de

DataasofNov1st2023.

Europeisthemost

impact-oriented

amongthemain

startupregions.

TheNetherlandsalso

over-indexonimpact

comparedtotheEuropean

average.

ImpactinvestmentasapercentageoftotalVCfunding

Page/24

Source:

Dealroom.co.|CreatedwithDatawrapper.de

DataasofNov1st2023.

Climatechangeisthelargestsocialinjusticeofourtime.

Lowandmiddleincome

economiesbeara

disproportionateimpactof

climatechange.

Developedcountriesaccountedfor57%ofthe

historicalcumulativeCO2emissionsfrom

fossilfueluseandindustrysince1850,despite

having,currently,only16%oftheglobal

population(1).

Lowandmiddleincomecountriesinstead

representover50%ofglobalworld

population,butaccountedforlessthan10%

ofhistoricalemissions,withlow-income

countriescontributinglessthan1%(1).

Incontrast,thesecountriesareprojectedto

bearthemostclimatechangeimpact(2).

Only5%ofClimatetechandBiodiversityfundingwenttolow-incomecountriesin2023.

TherearehowevermanystartupsHQedin

EuropeandtheUSwithallorlargepartof

theiractivitiesinlow-incomecountries(e.g.

ZolaElectric

,

Lumos

,

Pula

).

Also,thecostofcapitalforutility-scaleclean

energyprojectsinAfricaisatleasttwoto

threetimeshigherthaninadvanced

economies.Thispreventsdevelopersfrom

pursuingcommerciallyviableprojectsthat

candelivera?ordableenergysolutions.

Stillveryfewclimatefocused

fundaresetupinlow-income

countries.

Whiletherearesomefundsbasedin

high-incomecountrieswithgeographical

focusonlow-incomecountries,therearestill

fewonesHQedinthosecountriesthemselves.

Africa,SouthAmericaandOceaniaonfact

accountedforlessthan1%ofClimatetech

fundsraisedsince2016.

ManyUSandEuropeanfundshaveastrong

impactfocus,andevenphilanthropicsetup,

andcanhelppowerthesustainable

developmentofthelow-incomeregions.

However,itwouldauspicabletoseeastronger

developmentofadomesticimpactVCscene.

Dealroom.co

Page/25Source:1.GlobalCarbonBudget(2022)

2.BanquedeFrance:Climatechangeindevelopingcountries:globalwarminge?ects,transmissionchannelsandadaptationpolicies

Developingcountriesbearadisproportionatecostofclimatechange.

RealGDPperCapitaLossduetoGlobalWarming(1960-2017)

5%10%20%40%50%85%

Page/26Source:

Climatechangeindevelopingcountries:globalwarminge?ects,transmissionchannelsandadaptationpolicies

BanquedeFrance-15/07/2021

LookingatVCfundraising,veryfewClimateTechfundsaresetupinemergingeconomies.

ClimateTechfundsbyInvestorHQ(2016-2023)

Africa,southAmericaandoceania

<1%

VeryfewclimatetechfundsaresetupinemergingeconomiessuchasLatamorAfrica.EvenifalocalclimatetechVCsceneisemergingwithseveralfundsbeingraisedin2023inAfricafor

instance.

Notably,however,severalfundsbasedinEurope/USfocusonthoseregions.

HQinAfrica,ClimateTech

Bidra

*

HQinAfrica,partialClimatefocus

HeadquarteredoutsideAfrica

*

.satgana.

Page/27Source:

Dealroom.coDataasofNov3rd2023|CreatedwithDatawrapper.de

*KatapultisaglobalVC-acceleratorbasedinOslo,Norway,buthaso?icesandphysicaloperationsinAfricafocusedon

Food-tech(andclimate).

4ImpactjobsintheNetherlands

11%ofallstartupjobsinTheNetherlandsare

supportedbyanimpactstartup.

Over15%ofstartupjobswithintheprovincesofSouth

Holland,FrieslandandLimburgarecreatedbyimpact

startups.

Meanwhile,NorthHolland,SouthHollandandNorth

Brabantstartupssupportover75%ofthecountry?slocal

impactjobs.

830+

Impactstartupsare

headquarteredin

TheNetherlands

18,500+

ofallstartupjobs

aresupportedbyan

impactstartup.

Page/29Source:

Dealroom.co.|CreatedwithDatawrapper.de

Dataset:835Dutchimpactstartups.NetherlandsStartupEmployment2023report.

Methodologyanddefinitions.

Startups,scaleups,

grownupsandtech

Companiesdesignedtogrowfast.Generally,suchcompaniesareVC-investablebusinesses.Sometimestheycanbecomeverybig(e.g.$1B+valuation).

Whenstartupsaresuccessful,

theydevelopintoscaleups(>50people),grownups(>500people)andresultinbigcompanies,likeArrivalorNorthvolt.

Onlycompaniesfoundedsince1990areincludedinthisreport.

Glossary&Definitions

Venturecapitalinvestment

InvestmentnumbersrefertoroundssuchasSeed,SeriesA,B,C,….latestage,andgrowthequityrounds.

Venturecapitalinvestmentfiguresexcludedebtorothernon-equityfunding,lendingcapital,grantsandICOs.

Buyouts,M&A,secondaryrounds,

andIPOsaretreatedasexits:

excludedfromfundingdata.

Investmentroundsaresourcedfrompublicdisclosuresincludingpressreleases,news,filingsandverifieduser-submittedinformation.

ClimateTech

Climatetechisusedasanumbrellatermforallstartupsthathave

environmentalsustainabilityatthecoreoftheirbusinessmodel.

Itincludesstartupsfocusingon

GHGsemissions,biodiversityandenvironmentalprotection,pollution(e.g.plastic,chemicals),water

usage,andsoon.

EnvironmentallyfocusedSDGs:7,

11,12,13,14,15

SometimesalsoSDGs2,6,9,11canfocusontheenvironmentandfallintoClimateTech.

Fo