PitchBook：2025年三季度碳与排放技术风险投资趋势报告（英文版）

• VC deal value in the carbon & emissions tech space rebounded to $3.5 billion in Q3 2025, a 40.1% increase from Q2. However, this growth was driven by a resurgence in megadeals, not the broader market activity; deal count fell to 187, the lowest since Q3 2020. • In Q3 2025, the built environment segment led in deal value at $1.5 billion, while the industry segment led in deal count with 59 deals. These two segments significantly outpaced carbon tech & land use, which saw much lower i