Here is our Q1 2019 summary report on the energy technology startup sector. The following report includes a sector overview and recent activity.
The energy technology industry has seen 1,630 investors and $72B total all time funding. Let’s analyze which energy technology categories have the most number of investors actively financing the startups. The graphic below highlights energy technology categories based on the number of investors in each category.
As the graphic demonstrates, Energy Infrastructure has the highest number of investors at 548, with Solar Energy following closely behind at 518. Energy Infrastructure companies build enabling technologies for the production of energy. Solar Energy companies build technologies that generate power by converting sunlight into electricity. In addition, the average number of investors across all energy technology categories is 196.
For this quarter’s funding analysis, let’s examine how average funding in the energy technology sector is evolving. The graphic below shows the energy technology average funding across all deals over time by quarter.
As the graphic demonstrates, energy technology average funding deal size in Q1 2019 was at $52M, which decreased by 27% from the $72M last quarter. The average funding deal size has been holding steady, with the average funding last quarter about 74% of the average funding 5 years ago. The top three funding events in Q1 2019 include a $350M round into ReNew Power, a $100M round into Kinestral Technologies, and a $68M round into Carbon Engineering.
Here is our Q1 2018 summary report on the energy technology startup sector. The following report includes an overview, recent activity, and a category deep dive.
Our sector maps are snapshots of emerging technology sectors. They show what the different categories in a sector are and how many startups are within each category. They also present a small sampling of the current startups that are innovating in each category.
We will share our most up-to-date sector maps in a two-part series. Below you will find sector maps for the Blockchain Technology, Energy Technology, Financial Technology, Health Technology, Insurance Technology, Video Technology, and 3D Printing sectors.
Blockchain Technology: 12 categories, 1007 companies, $6B in funding
Energy Technology: 12 categories, 790 companies, $63B in funding
Financial Technology: 16 categories, 2401 companies, $90B in funding
Health Technology: 22 categories, 2139 companies, $64B in funding
Insurance Technology: 14 categories, 1503 companies, $22B in funding
Video Technology: 11 categories, 828 companies, $35B in funding
3D Printing: 9 categories, 383 companies, $2B in funding
Stay tuned as we will release the remaining 8 updated sector maps for Artificial Intelligence, Internet of Things, Marketing Technology, Real Estate Technology, Retail Technology, Security Technology, Transportation Technology, and Virtual Reality.