2024年影响力公司投资报告（英）-40正式版

MainpartnersOtherImpactpartnersDealroom.coisaglobalintelligenceplatformfordiscoveringandtrackingthemostpromisingcompanies,technologiesandecosystems.ImpactCityTheHagueisaleadingEuropeanecosystemfororganisationsthatcombine'doinggoodanddoingbusiness'.Wefacilitateinnovativeentrepreneursinstartingandscalinguptheirbusinesses.KnowledgepartnersMicrosoꢀEntrepreneurshipforPositiveImpactprovidessupportmission-drivencompaniesworkingtowardstheUNSDGs,helpingthemtoexpandtheirbusinessesandamplifytheirinfluencethroughcarefullycraꢀedprograms.Planet+Page/2WhatyouneedtoknowStrongglobalslowdowninimpactVCfundingdespitetheneedforamassiveaccelerationonSDGprogress.TheUSandEuropearepracticallyonparasleadersbyImpactVCfundingthisyear.ClimatetechdominatesClimate-relatedSDGsattract,byfar,thevastmajorityofimpactinvestment.Impactstartupshaveraised$33Bin2024sofar,aprojected28%dropfromthepreviousyear.ThishasbeenworsethantheglobalVCcapitaldeclineof4%duringthesameperiod.TheUShasnowreclaimedthetopspotithadlosttoEuropelastyearbutEuroperemainstheregionwiththehighestshareofimpactfunding(28%vs10%).Ontheotherhand,startupsaddressingsocial-relatedUNSDGsareunderfunded.SeveralClimateTechsegmentsareamongthefastestgrowingventurecapitalsegmentssuchasgreensteel,solarenergy,lithiummining,carbonaccountingandindustrialThisdropisespeciallyworryingsincenoneofthe17goalsison-tracktobeachievedby2030.Since2020,only10%ofclimateadaptationfundinghasreachedlow-incomecountries.Notonlydothesecountriessufferfrommoreclimatedisasterswhilecontributingtolessthan1%ofglobalemissions,buttheyareaffected10xharderthanwealthierones.electrification.Inaddition,Impactstartupsarestillworthacombined$2.4T,withprivatevaluealmosttwo-foldthatof2021.ClimatetechVCfundingisdown30%fromlastyear,butPE,projectfinanceanddebtarefillingthegap.Page

/3Source:Dealroom.co1InvestmentoverviewPage

/4ImpactcompaniesarenowworthEnterprisevalueofImpactStartups»viewonline$2.4T,aslightdeclinefromthe$2.7Tpeakin2021howeverprivatevalueisalmosttwo-foldthatof2021.Dealroom.co.Sumofthevaluationsofstartupsfoundedaꢀer1990.UsingestimatedvaluationsbasedonmostrecentVCrounds,publicmarketsandpubliclydisclosedvaluationsasofOct1st2024.Page

/5Source:In2024,$33Bwasdirectedtoimpactfundingsofar,projectedtoreach$37Bbyyearsend.Venturecapitalinvestmentintoglobalimpactstartups»viewonline▊$0–1m(pre-seed)▊$1–4m(seed)▊$4–15m(seriesA)▊$15–40m(seriesB)▊$40–100m(seriesC)▊$100–250m(megarounds)▊$250m+(mega+)▊ProjectionDealroom.co.DataasofOct22nd2024.Page

/6Source:Asanindustry,Impactisthe3rdmostfundedin2024globallybutshowsmoredeclinethanmostothertopindustriesandseven-foldtheglobalaveragerate.TopIndustriesbyVCFundingAverageglobaldrop-4%Dealroom.co-DataasofOct22nd2024.Growthcomputedcomparing2023andprojectionof2024valuesatyearsend.Someindustriesoverlap,forinstancefundingofsometransportationandenergycompanieswillbeunderimpactaswell.Page

/7Source:TheUSandEuropearepracticallyonparasleadersbyImpactVCfundingthisyear,buttheUShasreclaimedthetopspotithadlosttoEuropelastyear.TopRegionsbyImpactVCFunding»viewonlineDealroom.co.DataasofOct22nd2024.Page

/8Source:SlowerimpactinvestmentsareespeciallyworryingbecauseSDGsareslippingoutofreach.Noneofthe17goalsison-tracktobeachievedby2030.Progressassessmentforthe17goals,2024*▊Ontrackortargetmet(%)▊Fairprogress,butaccelerationneeded(%)All17SDGsarefarfrombeingontrackfor2030objectives.Onlyahandfulofsubsidiarytargetsforanygoalareevenclose.▊Stagnationorregression(%)▊Insufficientdata(%)Progressonmorethan50%oftargetsoftheSDGsisweakandinsufficient;on30%,ithasstalledorgoneintoreverse.Theseincludekeytargetsonpoverty,hungerandclimate.“Unlessactionistakennow,the“2030Agendacouldbecomeanepitaphforaworldthatmighthavebeen”-UNSecretary-GeneralAntónioGuterresDealroom.co.*TheSustainableDevelopmentGoalsReport2024Page

/9Source:Goal#10:ReducedinequalitiesisoneofthemostimportantbutworstperformingSDG.SDG10isoneofthepoorest-performinggoals,with26Distributionofglobalwealthindividualsholdingasmuchwealthashalftheworld'spopulation.76%Progressishinderedbythecomplexityofitstargets,whichcoverincomegrowth,socialinclusion,equalopportunities,andfinancialregulation.Despiteefforts,thegapbetweenrichandpoorcontinuestowiden,worsenedbyconflictsandnaturaldisastersthatdisproportionatelyaffectvulnerablegroups.ofwealthRichest10%AmajorissuehinderingSDG10isthatreducinginequalitydependsonadvancementsinotherSDGswhichcanhelpredistributewealthandreduceeconomicdisparities.Simultaneously,SDG10isalsocrucialforachievingothergoalslikereducinghunger,improvinghealth,expandingeducation,promotinggenderequality,andfosteringpeace.ofpeople22%ofwealthPoorestInequalityisalsocloselylinkedwithclimateaction.PolicymakersaimingtomeetGHGemissiontargetsmustensurethatmarginalizedgroupsarenotoverlooked,astheshiꢀfromfossilfuelswillchangewealthdistributionwhilecreatingnewopportunitiesthroughclimateregulationsandtechnology.50%Middle40%ofpeople2%ofpeopleofwealthDealroom.co.IlluminemPage

/10Source:272Impactcompaniesfoundedsince2000havereachedUnicornstatus.Cumulativenumberofglobalimpactunicorns#7Affordable&cleanenergy#11Sustainablecities&communities9weremintedin2024sofar.#3Goodhealth&wellbeingViewall»Dealroom.co.DataasofOct22nd2024.Page

/11Source:ClimateActionandAffordable&CleanEnergyarebyfarthemostfundedSustainableDevelopmentGoals.GlobalVCfundingperSustainableDevelopmentGoal(2019to2024YTD)Viewonline»Dealroom.co.DataasofOct22nd2024..Page

/12Source:2SpotlightthemesPage

/13Climatetechstartupsareprojectedtoraise$35Bthisyear,a30%dropfromtheVCinvestmentinclimatetechstartups»viewonline▊$0–1m(pre-seed)▊$1–4m(seed)▊$4–15m(seriesA)▊$15–40m(seriesB)▊$40–100m(seriesC)▊$100–250m(megarounds)▊$250m+(mega+)▊Projectionpreviousyearbutabovepre-pandemiclevels.Dealroom.co.DataasofOct22nd2024..Page

/14Source:Lookingbeyondequity,ClimateTechcompaniesarealsoraisinglargeamountsofdebt,PE,andprojectfinancingtotalling$54Bin2024.Privatefinancingtoclimatetechcompanies▊VC▊Debt▊Grant▊PEandProjectfinance▊PIPE▊ProjectionThisismorethandoublepre-pandemiclevels.$54BRaisedinnon-equityfundingDealroom.co.DataasofOct22nd2024.Page

/15Source:EnergyandmobilitydominatethetopClimateTechsegments.TopClimateTechsegmentsbyVCfundingin2023-2024▊Industry&mining▊Ocean▊Water▊ClimateFintech▊Energy▊Transportation▊Buildings▊Food▊CarbontechManyofthemostheavilyfundedClimateTechsegments,includingEVbattery,solarenergy,andbuildingenergyefficiencycontributesignificantlytotherenewableenergyandelectrificationsector.Dealroom.co.-2024dataasof22ndOctober.Source:Segmentsmaypartiallyoverlap.Moreover,herethecirculareconomysegmentfocusesfocusesonconsumergoods(e.g.excl.EVbatteryrecycling)-seeslide18formoreinformationPage

/16Segmentssuchasgreensteel,solarenergyandelectricmobilityareamongthemostfundedandfastestgrowingClimateTechFastgrowingClimateTechcategoriesFundinggrowthlast5years(log-scale)categories.VCfundingʻ23-ʼ24(log-scale)Dealroom.co.Page

/17Source:Growthcalculatedbetween2023-2024and2018-2019,2024valueprojectedfromOct22nd2024.Circulareconomystartupsareexpectedtoraise$400Min2024,asharpdropfrom2021-22levels,yetcompaniesacrossvarioussegmentsandstagesremainactiveinthesector.VCinvestmentincirculareconomystartups*SelectedCirculareconomyroundsin2023-2024»viewonline▊$0–1m(pre-seed)▊$1–4m(seed)▊$4–15m(seriesA)▊$15–40m(seriesB)▊$40–100m(seriesC)▊$100–250m(megarounds)▊$250m+(mega+)StartupFundingroundFocus$87.4MSeriesGSecondhandLeasing&sharingeconomy£55MEarlyVC$58MSeriesB$57MSeriesC$30MSeriesE$24MEarlyVCResourcerecoveryResellingrefurbishedproductsEnablerDigitalpassportsandsupplychainvisibilityDealroom.co.DataasofOct22nd2024*FundingamountsbasedonaggregatesofcompaniesmappedintheCircularmanufacturedgoods

landscapeandisnotrepresentativeofthefullCirculareconomysector,itfocusesonconsumergoodsandexcludessegmentssuchasEVbatteryrecycling.Foramorecompletequeryfollowthislink.Page

/18Source:Enablersfromproductiontoendoflife$1BDesigningwithRepairingproducts$2Bendoflifeinmind$70MPage

/19sharingproducts$1.2BResourcerecovery$260MSellingproductssecondhand$5BViewlandscape»Page

/20Thesustainablepackagingsectorsawsignificantfundingbetween2019and2023,butthisyearhasbeennoticeablylessactive.VCinvestmentinsustainablepackagingstartups»viewonlineTheUNtreatyaimedatcuttingplasticproductionhasfaceddelaysduetoongoingnegotiationsamongcertaincountries.However,therecentannouncementthattheUnitedStateshasofficiallyjoinedtheinitiativesignalsapotentialshiꢀinmomentum.Complicatingmattersfurther,plasticpriceshavedeclinedfollowingadropinoilprices,likelymakingitmorechallengingforemergingalternativestogaintractioninthemarket.Thisinterplayofinternationalpolicyandeconomicfactorswillbecrucialinshapingthefutureofplasticproductionandsustainabilityefforts.Dealroom.co,Climatechangenews,Reuters&PreventedOceanPlasticDataasofOct22nd2024Page

/21Source:Explore150+SustainablepackagingstartupsExplorethelandscape»Urgentactionisneededtoavoidbiodiversitycollapse.Integratingandvaluingnatureinthefinancialsystemandbusinessdecisionmakingiskey.Wildlifeisdisappearingatcatastrophicrate,theaveragepopulationsizehasdeclined73%since1970.Thereʼsa$700Bfundinggapforbiodiversityandnaturelossandprogressisfailingoncrucialtargetssuchasprotecting30%oftheEarthfornatureandreformingpartsoftheglobalfinancialsystemthatdamagetheenvironment.Itiskeytofosterfinancialcapitalflowstowardbiodiversitybyunlockingprivatecapital.Effortstofundthereversalofnatureandbiodiversitylossarebesetbychallenges,nottheleastofwhichisthenaturedatagap.Habitatlossanddegradation,drivenprimarilybyourfoodsystem,isthemostreportedthreattowildlifepopulationsaroundtheworld,followedbyoverexploitation,invasivespeciesanddisease.Naturefintechstartupshaveraisedover$5Bsince2020toleveragethepoweroffinancialservicesandproductsalongwithdigitaltechnologiesandresourcestodrivemoreinvestmentstowardsconservation,restoration,andsustainableuseofnaturalresources.ThiscreateseconomicincentivesandviablebusinessmodelsthatbenefittheDespitesomesuccesses,suchasagreeingoncompaniessharingprofitsfromcommercialdiscoveriesderivedfromnatureʼsgeneticsandgivingindigenousandlocalcommunitieshaveapermanentroleinbiodiversitydecision-making,COP16failedinitsmaingoal,implementingastrategytomaterializethe$200bnayeartofinancenatureconservationthatcountrieshadcommittedtoraisingby2030,including$20bntobegivenbyrichercountriestodevelopingcountriesby2025.Thisisalsomakingecosystemsmorevulnerabletotippingpoints,meaningirreversiblechangeoncetheyarepushedbeyondacriticalthreshold.environmentandaddresscriticalissueslikedeforestation,biodiversityloss,watermanagement,andsustainableagriculture.More,andmoreeffective,conservationeffortsareneeded,whilealsosystematicallyaddressingthemajordriversofnaturelosssuchasourfood,energyandfinancesystems.Dealroom.coWWFʼs2024LivingPlanetReport;“NatureFintech/SectorMap”NatureTechCollective;“ClosingtheGlobalBiodiversityFinancingGap”byThePaulsonInstitute,TheNatureConservancy,andCornellUniversity;TheGuardianCop16reportagePage

/23Source:Explore400+NaturefintechstartupsExplorethelandscape»“Regeneratingbiodiversityandreducingpollutionisbothvitalandvaluabletoourownwell-beingandtothewell-beingofthenextgenerations.Weneedtounderstandthatwhatisgoodfortheecologyisalsogoodfortheeconomy.AtBeeOdiversityweprovidemeasurementtools,adviceandnature-basedsolutionstomakebusinessesareferenceforbiodiversityandpollutionreduction.OurBeeOmonitoringsolution,forinstance,isatoolthatmeasuresagriculturalandindustrialpollutants(pesticides,heavymetals,PFASetc.)andthestateofbiodiversitybasedontheclevernessofbeesanddatainterpretationsoꢀware,whileBeeOimpactusesmachinelearningtoextrapolatedataoverlargeareastoassesstheimpactofasiteanditsactivitiesonlocalbiodiversity,andhasbeendevelopedwiththesupportofMicrosoꢀandAccenture.MichaëlVanCutsemCEO&FounderatBeeOdiversityWenowworkin23countriesaroundtheworldmonitoringover120,000hectaresofland.”Page

/25Bytechnology,alternativeproteinstartupswillraise$780Min2024,drivenbymycelium&fermentationstartups.Dairysubstituteshavebouncedback.VCfundingofAlternativeproteinsbytechnologyVCfundingofAlternativeproteinsbyingredientDealroom.co.DataasofOct22nd2024.Page

/26Source:GridtechnologystartupshadtheirbestyearforVCfundingin2023with$4.6Ballocatedtothesector.Lagginggridinnovationsarethebiggestbottleneckstotheenergytransition,newtechnologiesmustfacilitateincreasesinelectricitydemandandflexible&distributedgeneration.»Explore+180EuropeangridtechnologycompaniesItisestimatedthatexpandingthegridtomeetnet-zerogoalswillrequireabout$24.1trilliongloballyby2050.VCfundingingridtechnologystartups▊$0–1m(pre-seed)▊$1–4m(seed)▊$4–15m(seriesA)▊$15–40m(seriesB)▊$40–100m(seriesC)▊$100–250m(megarounds)▊$250m+(mega+)▊ProjectionDealroom.co.DataasofSep3rd2024.Page

/27Source:3GeographicanalysisandclimatejusticePage

/28ShareofcountryʼsVCfundingallocatedtoimpactcompanies»ExplorevisualizationonlinePage

/29Europeisthemostimpactorientedamongstthemainstartupregions.ImpactinvestmentasapercentageoftotalVCfundingTheNetherlandsdemonstratesaconcentrationofimpactinlinewiththatofEuropeandmuchhigherthanothermajorcontinents.Dealroom.co.DataasofOct22nd2024.Page

/30Source:EuropeleadsbyVCfundinginsegmentssuchasgridtech,EVchargingandcircularShareofVCfundinginkeyclimatetechsegments(2021-2024)▊Europe▊US▊China▊Restoftheworldeconomy.Ittrailsbehindinwatertech,alternativeproteinsandgeothermalenergy.ChinaisaleaderinmanyofthesesegmentsbutnotinthelensofVCfunding.NotableareasofVCfundingfocusinChinaareEVbattery,aswellassolarandwindenergy.Dealroom.co.2024dataasofSep17th.Page

/31Source:PeaceTechusestechnologytopromotepeace,resolveconflicts,preventviolence,andfosterreconciliation,fromlocaldisputestolarge-scaleinternationalconflicts.“ApplicationsCompaniesPeaceTech,withitsfoundationinemergingtechnology,hasthepotentialtoreshapehowweapproachpeacebuilding.PlatformsforconflictresolutionanddialogueEarlywarningtoolsforviolenceorhumanByimprovinglives,reducingconflicts,andfosteringprosperity,Ibelieveitrepresentsa$100billionopportunityoverthenextdecade.Technologycantacklepeacebuildingtasksthatwereoncebeyondhumanreach,creatingprofound,lastingimpacts-andopportunitiesforsignificantreturns.Byleveragingbigdata,machinelearning,andblockchain,wecanbuildamoreresilient,peacefulworldthatthrivesoninnovation."rightsviolationsAppspromotingpeaceeducationCrowdsourcingdatatoguidepeacebuildingAItoolsmonitoringhatespeech,misinformation,andextremismShaneRay-MartinInvestoratBVenturesGroupView80+PeaceTechcompanies»Page/32Source:Dealroom.co.Thereisasignificantgapbetweenthevalueofdefenceandpeacetechsolutions(x100),drivenbyunequalfinancingandalongerhistoryofdefencecompanies.EnterprisevalueofPeacetechstartups»viewonlineEnterprisevalueofDefencetechstartups»viewonline▊1900-1990▊1990-1995▊1995-2000▊2000-2005▊2005-2010▊2010-2015▊2015-2020▊2020-2025▊1900-1990▊1990-1995▊1995-2000▊2000-2005▊2005-2010▊2010-2015▊2015-2020▊2020-2025Dealroom.co.DataasofOct23rd2024.Page

/33Source:Climatechangeisoneofthelargestsocialinjusticesofourtime.Lowandmiddleincomeeconomiesbearadisproportionateimpactofclimatechange.Only10%ofClimateadaptationfundingwenttolow-incomecountriessince2020.Whowillbearthefinancialcostsoftheseadaptivemeasures?Low-incomecountrieshavelessresourcestocoverdamagesandevenlesstoputinplaceclimateadaptationmeasures.Developedcountriesaccountedfor57%ofthehistoricalcumulativeCO2emissionsfromfossilfueluseandindustrysince1850,despitehaving,currently,only16%oftheglobalpopulation.Climateadaptationinitiativeswillbemostneededinthesecountriesthataretheonesmosthitbyclimate-induceddisasterslikefloods,droughtsandwildfires.Whilefundsarebeingpromisedbyinternationalfinancetheyarenotalwaysbeingfulfilled.In2021,OECDDACcountriesprovided$34.5Binclimatefinance,fallingshortoftheir$100Bannualgoalfor2020-2025.Lowandmiddleincomecountriesinsteadrepresentover50%ofglobalworldpopulation,butaccountedforlessthan10%ofhistoricalemissions,withlow-incomecountriescontributinglessthan1%.Incontrast,thesecountriesareprojectedtobearthemostclimatechangeimpact.Thesedisastersareboundtohavewidespreading(affects2%ofthepopulationindevelopingcountries)andlonglastingimpacts:damagedinfrastructures,famine,lackofaccesstowaterandsanitation,economicloss(0.5%GDPloss)etc.Thesearealsoimpactingdevelopingcountries10xmorethanadvancedeconomies.Acrosstheglobe,climateadaptationisunderfunded.Itsecuredlessthan3%oftotalclimatetechVCfundingsince2020.Dealroom.co.Page

/34Source:GlobalCarbonBudget,BanquedeFrance,Siꢀed,IMF,DonorTracker4ImpactjobsintheNetherlandsPage

/3511%ofallstartupjobsinTheNetherlandsaresupportedbyanimpactstartup.Percentageofjobsatimpactstartupsbyprovince▊≥15%▊13%-15%▊11%-13%▊9-11%▊7-9%▊<7%32k+775Startupjobsaresupportedbyanimpactstartup.FundedimpactstartupsareheadquarteredinTheNetherlands700+Impactstartupsarecurrentlyhiring»viewall100+Dutchimpactstartupsraisedfundsin2024Dealroom.co.Page

/36Source:Dataset:835Dutchimpactstartups.NetherlandsStartupEmployment2023report.“TheNetherlandshasalltheingredientstobecomeEurope'sleadinghubfortechnologicalinnovation,particularlyindrivingimpactandaddressingsocietalchallenges.DutchstartupsareattheforefrontoftacklingSustainableDevelopmentGoals,fromclimateactionandenvironmentalsustainabilitytopromotinggoodhealth,reducinginequalities,andfosteringpeaceandstronginstitutions.Moreover,startupsareakeydriverofemploymentgrowthintheNetherlands.Impact-drivenstartupshavealreadycreatedover32,000jobs,withmorethan700ofthemactivelyhiringtoday.”ConstantijnVanOranje-NassauManagingDirector/EnvoyatTechleapMethodologyanddefinitions.Startups,scaleups,grownupsandtechVenturecapitalinvestmentClimateTechUnderlyingdataInvestmentnumbersrefertoroundssuchasSeed,SeriesA,B,C,….latestage,andgrowthequityrounds.Climatetechisusedasanumbrellatermforallstartupsthathaveenvironmentalsustainabilityatthecoreoftheirbusinessmodel.ItincludesstartupsfocusingonGHGsemissions,biodiversityandenvironmentalprotection,pollution(e.g.plastic,chemicals),waterusage,andsoon.Dealroomʼs