Something interesting happened in the first half of 2026.
Climate tech transactions increased 70% compared to the same period last year. Europe outpaced the United States in deal volume for the first time, 621 climate deals versus 574. European VCs invested $6.6 billion in Q1 alone, 20% more than North America.
61 new European climate tech funds closed in 2025 with $56 billion in dry powder waiting to be deployed.
The capital is there. The appetite is real.
And yet, when I talk to the founders and project developers navigating this market, most of them aren't seeing it.
Not because their technology is wrong. Not because their mission isn't credible.
Because the gap between having something worth funding and being in the room where funding happens is almost entirely commercial. And almost nobody funds the commercial function.
I've watched this from both sides for thirteen years.
In Zurich, sitting with family offices and institutional managers who had written "impact" into their mandates and had the capital to back it, but couldn't find enough commercially structured deals to deploy it into.
In Lima, Santiago, and Frankfurt, watching companies with real technology and real traction lose months, sometimes years, trying to enter a market without the right relationships, without senior commercial capacity, without anyone who spoke both languages fluently.
The $56 billion in European dry powder isn't sitting there because investors changed their minds.
It's sitting there because the work between a promising company and a closed deal is harder than it looks, and it doesn't get done by itself.
In 2026, 61% of climate tech capital landed in rounds of $100M or more. The money is concentrating at the top.
The companies that access it aren't necessarily the ones with the best technology. They're the ones with the commercial infrastructure to get there, the senior relationships, the structured pipeline, the partner network, the ability to run a deal end to end without the founder being in every call.
That infrastructure is what I build.
Not strategy decks. Not advisory memos. The actual commercial engine, outreach, partner relationships, negotiation, closing, inside climate-tech companies where growth stalls at exactly the point it gets hard.
The first sale that won't close. The market across the Americas with no team, no warm doors, no network. The pipeline that keeps stalling before the enterprise deals that actually matter. The founder who is the only one who can sell, and is completely maxed out.
Across the Europe-Americas corridor, in the markets and languages where these deals actually happen.
The capital is there. The question is whether your commercial engine can reach it.
If that's the gap, a 30-minute strategy call is where it starts.
— André
Sources: Bloomberg · PitchBook Q1 2026 Climate Tech VC Trends · Dealroom Climate Tech 2026 · Sightline Climate / Latitude Media