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Mixed news for female founders, positive news for those in carbon and emissions sector

We took note of several PitchBook reports issued in the past couple of weeks. One involved funding for female entrepreneurs, the other was focused on investments in companies in the carbon and emissions technology space.

Regarding female-founded companies, PitchBook reports that venture capital (VC) deal value reached $32.4 billion through the third quarter of 2022, already more capital than any year prior to 2021, which saw record highs.

On the check-writing front, the numbers underscore that the industry is still a long way from equal gender and diversity representation. Female investors account for just 16.1 percent of VC decision-makers in the U.S. and more than 95 percent of VC firms have a majority male population of decision-makers.

Those trends are covered in the latest edition of PitchBook’s All In Report, created in partnership with Beyond The Billion and sponsored by J.P. Morgan, Apex Group and Pivotal Ventures, breaks down the numbers by city, sector and exit activity.

Separately, PitchBook reports that carbon and emissions tech experienced a strong Q3 2022 – its third-strongest on record with start-ups raising a total of $4.8 billion. Deal value has increased each quarter over the past 12 months, and VC activity is on pace to match 2021 figures.

Carbon and emissions tech experienced a strong Q3 2022—its third-strongest on record—raising a total of $4.8 billion. Deal value has increased each quarter over the past 12 months, and VC activity is on pace to match 2021 figures.

Notably, the positivity occurred before the U.S. “Inflation Reduction Act,” which committed $370 billion in grants, tax cuts and loans to tackle climate change, had a chance to have an impact on VC investing.

All of the facts and figures are outlined in the Q3 2022 Carbon & Emissions Tech Report.

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