1. Climate tech funds are recovering as VC investments increase. 2. These funds outperform overall VC by 9% in IRR from 2020-2024. 3. SVB's report highlights optimism in clean fuels and carbon tech. 4. First Citizens Bank supports innovation sectors like climate tech.
Increased VC investment in climate tech indicates potential growth for FCNCA. Historical data shows similar trends in innovation funding positively impacting stock prices.
The positive trajectory in the climate tech sector may boost FCNCA's stock due to its involvement with SVB.
Sustained investment in climate tech suggests long-term growth opportunities for FCNCA, akin to historical tech sector rally phases.
SAN FRANCISCO, April 21, 2025 /PRNewswire/ -- The climate tech sector is seeing signs of recovery as venture capital (VC) is flowing into energy, manufacturing, and carbon tech, according to the latest report from Silicon Valley Bank (SVB), a division of First Citizens Bank. Additionally, Climate tech funds are outperforming overall VC, reaching a 9% higher internal rate of return (IRR) in the 2020-2024 fund vintage.
"With continued investor interest, the Climate tech sector is showing reasons for optimism this year," said Dan Baldi, National Head of SVB's Climate Technology and Sustainability practice. "Clean fuels, dispatchable renewables and carbon tech are taking the spotlight, sparked by a shift toward electrification and ongoing goals to reduce emissions."
Leveraging SVB's proprietary data and insights, the Future of Climate Tech 2025 Report reveals the current fundraising landscape, sector trends, and explores how the industry is evolving to address challenges across the innovation economy.
Learn More: To read the complete 2025 Future of Climate Tech report, click here: The Future of Climate Tech 2025
SVB is a leader in providing market insights on sectors across the innovation economy. For the complete library of SVB's signature reports, please visit Market Research Industry Trends & Insights | Silicon Valley Bank
Silicon Valley Bank (SVB), a division of First Citizens Bank, is the bank of some of the world's most innovative companies and investors. SVB provides commercial banking to companies in the technology, life science and healthcare, private equity, and venture capital industries. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights, and connections. SVB's parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA), is a top 20 U.S. financial institution with over $200 billion in assets. First Citizens Bank, Member FDIC. Learn more at svb.com
SOURCE Silicon Valley Bank