The face of tech is indeed changing. A report from the data aggregator Dealroom on tech thus raises energy as the leading sector financed by venture capital funds in Europe, for the fourth consecutive quarter. This quarter, the segment reached 3.1 billion dollars on the continent: it is mainly driven by electric mobility (812 million) and hydrogen (803 million).
A tour de force which places the sector ahead of health (2.8 billion dollars), fintech (2.8 billion), transport (1.7 billion) and software (1.6 billion). Overall, energy is a sector driven by the crises on the European continent, but also by Europe’s commitments on sustainability issues, like the Green Deal, with the objective of an “economy neutral” in 2050.