Accelerators dominate early-stage climate-tech deals

In the rush to back early-stage climate technology startups, a handful of venture funds and accelerator programs are taking the cake, with the latter group occupying the largest share.

Why it matters: Accelerators — more so than specialist venture funds — are playing an outsize role in the space because they are funding large batches of companies, even if at smaller deal sizes, as part of the accelerator model.