Industrial tech is holding up strongly.
With $4.7B so far, VC investment in European Industrial tech in 2022 is on track to surpass the 2021 level.
Industrial tech has in fact been one of the fastest growing sectors for VC funding in the last year.
Logistics has been the largest segment both by the amount invested and the number of rounds, followed by robotics.
The corporate sector is playing an ever more important role in Industrial tech.
Corporate investment in European industrial tech has reached $802M in 2022, doubling the 2020 level and on track to surpass the 2021 level.
The number of rounds is on track to exceed the 2021 level as well.
The majority of the corporate investors that have invested in European Industrial tech in 2022 operate in the industrial space.
Climate tech continues to gain traction.
Industrial x Climate tech European investment has already reached $1.1B this year and is on track to surpass the 2021 level.
Logistics is the segment attracting the most funding, followed by energy and advanced materials. But climate focused startups can be found in almost every industrial tech segment.
There are now over 60 European climate-focused investors.