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U.S. Climate Tech Funding Review: Q2'25 Milestone Venture Rounds

Q2’25 U.S. Climate Tech Funding Review: Milestone Venture Rounds

Q2 2025 saw a modest rebound in total investment across milestone rounds, even as Seed activity tightened further. Physical climate tech dominated dollar flow, Energy led across verticals, and Series B checks skewed to a small number of megadeals.
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