# Median Series A round in Climate Tech (2026)

> The median Series A round in Climate Tech is $15M, from 32 rounds announced in the last 12 months. Half raised between $9.9M and $25M.

Source: https://millionrounds.com/benchmarks/series-a/climate (Millionrounds; every figure on the page links to its filing or article)

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 rounds[All benchmarks](https://millionrounds.com/benchmarks)

Series A Climate Tech

Median round

**$15M**

$6.2M 1 in 10 below $9.9M – $25M middle half $53M 1 in 10 above

32 rounds counted · recounted nightly

Rounds counted **32** Series 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 named **91%** 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 Q4 11 rds

$17M '25 Q1 8 rds

$27M '25 Q2 6 rds

'25 Q3 3 rds

$17M '25 Q4 9 rds

$16M '26 Q1 7 rds

$27M '26 Q2 6 rds

$14M '26 Q3 9 rds

Who leads

## The most active leads

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

- [1 **Bpifrance** 1 led](https://millionrounds.com/fund/bpifrance)
- [2 **Founders Fund** 1 led](https://millionrounds.com/fund/founders-fund)
- [3 **Foundry Group** 1 led](https://millionrounds.com/fund/foundry)
- [4 **International Finance Corporation** 1 led](https://millionrounds.com/fund/international-finance-corporation-ifc)
- [5 **Icehouse Ventures** 1 led](https://millionrounds.com/fund/icehouse-ventures)
- [6 **HV Capital** 1 led](https://millionrounds.com/fund/hv-capital)

Recent examples

## Series A rounds in Climate Tech, latest first

- [**Concretene** 26 Oct 2026 · PXN Equity Finance $6.0M -59%](https://millionrounds.com/company/concretene)
- [**CarbonFarm** 13 Oct 2026 · Colam Impact $7.8M -46%](https://millionrounds.com/company/carbonfarm)
- [**Isometric** 15 Sept 2026 · Not named $10M -31%](https://millionrounds.com/company/isometric)
- [**Ore Energy** 4 Aug 2026 · HV Capital $43M +197%](https://millionrounds.com/company/ore-energy)
- [**Syntetica** 15 Jul 2026 · Bpifrance $30M +107%](https://millionrounds.com/company/syntetica)
- [**Gridcog** 14 Jul 2026 · ABB Technology Ventures $14M -3%](https://millionrounds.com/company/gridcog)
- [**BatX Energies** 2 Jul 2026 · IvyCap Ventures $11M -24%](https://millionrounds.com/company/batx-energies)
- [**Endurance Energy** 11 Jun 2026 · Founders Fund $54M +272%](https://millionrounds.com/company/endurance-energy)

**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](https://millionrounds.com/methodology).

Other stages in Climate Tech

[**Seed** $4.4M](https://millionrounds.com/benchmarks/seed/climate)

Series A elsewhere

[**AI** $21M](https://millionrounds.com/benchmarks/series-a/ai)[**United States** $25M](https://millionrounds.com/benchmarks/series-a/united-states)[**Fintech** $16M](https://millionrounds.com/benchmarks/series-a/fintech)[**Healthcare** $20M](https://millionrounds.com/benchmarks/series-a/healthcare)[**United Kingdom** $14M](https://millionrounds.com/benchmarks/series-a/united-kingdom)[**Robotics** $28M](https://millionrounds.com/benchmarks/series-a/robotics)[**Biotech** $32M](https://millionrounds.com/benchmarks/series-a/biotech)[**Construction** $23M](https://millionrounds.com/benchmarks/series-a/construction)[**Cybersecurity** $25M](https://millionrounds.com/benchmarks/series-a/cybersecurity)[**Big Data & Analytics** $21M](https://millionrounds.com/benchmarks/series-a/big-data)[**Software** $18M](https://millionrounds.com/benchmarks/series-a/software)[**Energy** $26M](https://millionrounds.com/benchmarks/series-a/energy)[**Manufacturing** $19M](https://millionrounds.com/benchmarks/series-a/manufacturing)[**Enterprise Software** $21M](https://millionrounds.com/benchmarks/series-a/enterprise-software)[**India** $10M](https://millionrounds.com/benchmarks/series-a/india)[**Logistics** $13M](https://millionrounds.com/benchmarks/series-a/logistics)[**Defence Tech** $25M](https://millionrounds.com/benchmarks/series-a/defensetech)[**Hardware & Electronics** $25M](https://millionrounds.com/benchmarks/series-a/hardware)[**Financial Services** $20M](https://millionrounds.com/benchmarks/series-a/financial-services)[**Australia** $15M](https://millionrounds.com/benchmarks/series-a/australia)[**Healthtech** $13M](https://millionrounds.com/benchmarks/series-a/healthtech)[**SaaS** $17M](https://millionrounds.com/benchmarks/series-a/saas)

## Raising a Series A round?

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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.
