A broad industry category covering products, processes, and services that reduce waste, improve energy efficiency, and lower greenhouse gas emissions compared to traditional methods. In the energy sector, this encompasses everything from advanced grid software and smart meters to novel battery chemistries and carbon capture systems. Investors use the term to group companies focused on sustainable industrial innovation.
Heard on the job
The venture capital fund is shifting its portfolio away from software and heavily into industrial cleantech.
Also heard as
- clean technology