Funding benchmark · last 12 months

The typical Series A round in Climate Tech

From 32 Series A rounds announced in Climate Tech over the last twelve months, each read from a named source. Half of them raised between $9.9M and $25M.

See the roundsAll benchmarks

Series AClimate Tech
Median round$15M
$6.2M1 in 10 below$9.9M – $25Mmiddle half$53M1 in 10 above

32 rounds counted · recounted nightly

Rounds counted32Series A rounds in Climate Tech, last 12 months
Against worldwide-28%vs the $20M worldwide median
Since last round-too few earlier rounds on record
Lead named91%of these rounds name the investor who led

The trend

Median Series A round, quarter by quarter

From $16M in 2024 Q4 to $14M in 2026 Q3. Quarters with fewer than five rounds are left blank.

$16M'24 Q411 rds
$17M'25 Q18 rds
$27M'25 Q26 rds
'25 Q33 rds
$17M'25 Q49 rds
$16M'26 Q17 rds
$27M'26 Q26 rds
$14M'26 Q39 rds

Who leads

The most active leads

The firms that led the most Series A rounds in Climate Tech this year.

  1. 1Bpifrance1 led
  2. 2Founders Fund1 led
  3. 3Foundry Group1 led
  4. 4International Finance Corporation1 led
  5. 5Icehouse Ventures1 led
  6. 6HV Capital1 led

Recent examples

Series A rounds in Climate Tech, latest first

How to read these figures

They come from announced rounds. Large rounds are almost always announced and many small ones never are, so the true typical round is probably a little smaller than shown, most of all at pre-seed and seed. Every round behind them is in the record with its source. How we read rounds.

Other stages in Climate Tech

Seed$4.4M

Series A elsewhere

AI$21MUnited States$25MFintech$16MHealthcare$20MUnited Kingdom$14MRobotics$28MBiotech$32MConstruction$23MCybersecurity$25MBig Data & Analytics$21MSoftware$18MEnergy$26MManufacturing$19MEnterprise Software$21MIndia$10MLogistics$13MDefence Tech$25MHardware & Electronics$25MFinancial Services$20MAustralia$15MHealthtech$13MSaaS$17M

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Q&A

How big is a typical Series A round in Climate Tech?

The median is $15M, from 32 Series A rounds announced in Climate Tech in the last twelve months. Half of them raised between $9.9M and $25M; one in ten raised more than $53M.

Which rounds are counted?

Rounds announced in the last twelve months with a stated amount and stage, each read from a named article or filing. A page is only published where at least 30 rounds stand behind it.

Are these figures biased?

Towards larger rounds, yes. Big rounds are announced; many small ones never are. So the true typical round is probably a little smaller than the figure here, especially at pre-seed and seed.

How often does it change?

The figures are recounted from the record every night, as new rounds are read.