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More US cleantech companies close as fundraising challenges emerge

Patrick Temple-West, Amelia Pollard and George Hammond

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New York/San Francisco | Cleantech businesses that raised hundreds of millions of dollars from SoftBank, Amazon and other big investors are closing, while other green companies – including some touted by the Biden administration – are struggling to survive.

Start-up cleantech businesses that easily raised money from venture firms just two or three years ago are now finding it harder to get hold of fresh cash.

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Financial Times

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    Original URL: https://www.afr.com/world/north-america/more-us-cleantech-companies-close-as-fundraising-challenges-emerge-20240903-p5k7mb