European investors backed deep tech start-ups with EUR 17 billion in 2022, with EIT InnoEnergy leading in clean tech investment, according to the Financial Times-backed Sifted. Since 2010, EIT InnoEnergy has supported over 500 innovations and more than 180 companies.
Their current equity portfolio is estimated to potentially generate EUR 72.8 billion in revenue and reduce the world’s annual carbon footprint by 1.1 gigatons by 2030. These include major innovations from floating wind tech to AI-driven energy saving tech. The Sifted ranking builds on past recognition for EIT InnoEnergy from PitchBook, Startup Genome, and the International Energy Agency (IEA).