Climate-Tech is Still on Fire (Even When Cooling Off)

Yeah, yeah, I know. The headlines say climate-tech funding took a dive. But let’s get real—dropping from a record-smashing $94.4B in 2022 to a still-massive $30.9B in 2024 isn’t exactly a collapse. Compare that to cybersecurity, which hit $9.5B last year—decent, but nowhere close to the main stage of startup investing: Climate-tech.

And yet, while Israel dominates cyber (hello, half the world's cyber funding), it’s barely a blip in climate-tech. Out of 2,200 global deals, Israeli startups? Almost nowhere.

That said, I see you—the relentless founders, the savvy investors, the ecosystem builders busting your asses. You know who you are. You’re the ones making it happen.

Mind the (Massive) Knowledge Gap

Europe is a climate-tech powerhouse. 10,000+ startups, founders buzzing in university labs, coworking spaces, and investor lounges, swapping war stories about funding rounds, scaling headaches, and, of course, fat exits.

This is how knowledge compounds. How networks form. How markets explode.

Israel had this moment in the dot-com era. Now? We’re plateauing. Europe is sprinting ahead in climate-tech, fueled by government backing, investor appetite, and sheer momentum.

The gap? It’s real. And it’s huge.

Israeli Founders Bring a Unique Edge

Since 2017, I’ve reviewed thousands of climate-tech decks, mostly from Europe. The talent is real, the ideas are strong, and the ecosystem is booming. But knowing how Israeli founders operate—fast, relentless, and resourceful—I can’t help but wonder:

What if more Israeli entrepreneurs jumped into climate-tech?

There’s so much to learn from Europe’s deep networks, funding momentum, and market development. At the same time, Israeli founders bring a bias for action that could push these ideas further, faster. It’s not about competition—it’s about collaboration and cross-pollination. Let’s take the best of both worlds and build the next wave of billion-dollar climate-tech startups.

Enter Project Taiga

Here’s the play:

1️⃣ Take 1,000 real climate-tech startups—raised at least $1M in the last five years.

2️⃣ Analyze them. Figure out what’s working, what’s meh, and what’s next.

3️⃣ Use AI to remix those startups into new ideas with unicorn potential.

4️⃣ Focus on software-driven, asset-light models that Israeli founders can build fast and scale even faster.