AI now drives the biggest climate tech deals – demand soars for greener data centres
23 jan. 2025
08:42
Out of the ten biggest climate tech deals last year, four were for businesses linked to the development of sustainable data centres. Impact Loop has the lowdown on:
→ Why climate tech investors are prioritising data centres
→ Which other sectors got the biggest investments in 2024
→ The European businesses amongst the top climate tech deals
→ Why climate tech investors are prioritising data centres
→ Which other sectors got the biggest investments in 2024
→ The European businesses amongst the top climate tech deals
From massive data centres to energy-intensive computations, the infrastructure required to fuel AI's rise is increasingly catching the attention of climate tech investors. In fact, companies focused on building and upgrading these systems landed some of the largest investments in 2024, as Trellis highlights.
A recent report by Sightline Climate, a leader in climate tech intelligence, reveals how high interest rates and other economic pressures led to a third consecutive year of declining overall climate tech investments.