Cleantech Surtge: Helix Earth Secures $12 Million Seed Funding

Sustainability and carbon reduction goals are creating lucrative new opportunities in the startup ecosystem, shifting the VC radar heavily toward Energy and Climate Tech (Cleantech).

In one of March's largest seed rounds, Helix Earth secured $12 million in an oversubscribed Seed 2 round to transform HVAC energy efficiency.

While hardware-focused startups are generally perceived as harder to fund compared to SaaS, 'DeepTech' ventures tackling the severe climate crisis with tangible solutions are breaking funding records. The growing emphasis on ESG (Environmental, Social, Governance) criteria ensures that capital allocated to cleantech and energy startups will multiply in the coming quarters.