Global early-stage venture capital investment in energy technology companies in India, 2010-2020

Sources

IEA calculations based on Cleantech Group (2021), i3 database, www.cleantech.com/i3/ (accessed January 2021).

Notes

Includes seed, series A and series B financing deals. Outlier deals of more than USD 150 million that distort the year-on-year trend are excluded; they totalled USD 400 million in 2010, 2.2 billion in 2016, 850 million in 2017, 4.7 billion in 2018, 1.1 billion in 2019 and 350 million in 2020. Low-carbon transport includes alternative powertrains and their infrastructure, among other technologies, but not shared mobility, logistics or autonomous vehicle technology unless specifically designed for the electric mobility market. Within Renewables, bioenergy includes transport biofuels but not biochemicals. Other low-carbon pertains to CCUS and smart grids. Conventional fuels covers fossil fuel extraction and use, fossil fuel-based power generation and conventional transport fuel economy