Analysis

August 25, 2022

How recession-proof is climate tech?

We gathered industry experts to read the tea leaves on Europe’s green revolution


Becca Lipman

3 min read

A Northvolt gigafactory

As a historic boom for tech investment fades, and the world stares into a potential recession, how much will green tech suffer? Already, activity in the sector has cooled: deal count is down from an average of 80 per month in 2021 to 61 so far in 2022, according to Dealroom. Despite brisker temperatures, Northvolt, Octopus and Rimac have all announced big rounds this summer.

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