North America and Europe dominate the top 25 Cleantech ecosystems, with 44% and 40% respectively. Asia has two ecosystems in the top 25, and MENA and Oceania each have one.
Among the most striking findings of the Global Cleantech Ranking is the presence of Tel Aviv and Stockholm in the top five ecosystems. Stockholm ranks #18 in the world overall but #3 in Cleantech.
Sweden is an innovation leader in renewable energy technologies and has an ambitious goal of net-zero emission by 2045.
Similarly, Tel Aviv is a technology leader, ranking #7 globally, but its position at #2 in Cleantech is noteworthy. For years Israel has been a global leader in the development of efficient solutions adapted to its resources in agriculture, waste management, clean energy, and water treatment, among others.
Regarding the investors appetite for investments in cleantech startups, the second quarter of 2021 saw 77% growth in the number of Series B+ deals compared to the same quarter in 2020, an all-time high.
At the samee time, post-money valuation of Cleantech companies increased by 23% in 2020 and 176% in 2021.