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As more than $1 trillion flows into climate tech, incentive-tracking apps find firm footing
Climate tech is suddenly so awash in cash that there are a number of websites, apps and startups rushing to track all the incentives available.
Fortunately, that’s started to change recently as investors have rushed into the space, seeking opportunities in “double-digit trillion-dollar markets” that are “largely decoupled from general tech investing,” Joshua Posamentier, managing partner at Congruent, told TechCrunch+. In fact, climate tech today finds itself in the unusual position of being so awash in cash (relatively speaking) that there are a number of websites, apps and startups rushing to track it all and help companies and customers make the most of the incentives. For companies, it’s a cost of doing business to gather and understand and integrate those incentives into their sales proposals, according to Tom Carden, head of engineering at Rewiring America, a nonprofit that advocates for the electrification of the economy.
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