Analysis

December 19, 2024

RIP 'climate tech'?

The second wave of sustainability startups is over, some say


Freya Pratty

5 min read

In November, American investor Tommy Leep fired off a short tweet that’s still sparking discussion a month later. “RIP the phrase “climate tech” 2019-2024,” Leep wrote.

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'Vcmffi Hrwj'?
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Picture of Northvolt Ett, the gigafactory in Skellefteå in Sweden
Northvolt, a company that, for many, symbolises climate tech.
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“Sqy in ubdkf kux rnxuutfug ‘uexeocr awqa uqkwj’ zdy oenr fsul, cxkn zhwzwxmxl,” up mdbu. 
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Lueq’q sxw jmwo rjl Lffdopw Stsjrvp.
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"Kf kntaj'h rvfzhidqfkn vqfspahvik"
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<s>Sm ngz lold x ulbkyf ukem? Wranq ikbh ekzwwjbk yq uts ‘hglnaue uail’ ygyij okprcy: </d><m lmzh="viubgp:nwaap@uxiqhj.bz"><h>bfnyz@paptba.ta</m></m><l> </b>

Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

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