European climate tech funding sunk to five-year low in Q1 — here’s why

Europe’s climate tech startups raised $2.3bn (€2bn) in the first quarter of this year — the lowest total since Q3 2020, according to Dealroom data.  Behind the headline figure lies a complex mix of growing pains, shifting investor focuses, and broader VC market dynamics, experts told TNW. More specifically, they said the slowdown stems from a blend of market maturity, strategic repositioning, AI’s outsized pull on capital, and a tough exit environment.  “I