[Live @ Supercluster] #4: The state of European climate tech with Eglantine Dupuy (Dealroom)

🌊 Eglantine Dupuy on what the data says about European climate tech.

Why deep tech is winning, VC is retreating, and corporates are stepping in.

We’re joined by Eglantine Dupuy, Research Associate at Dealroom.co, where she tracks Europe’s climate and deep tech ecosystem through one of the most comprehensive data platforms in venture.

In this episode, we take a hard look at European climate tech in 2025, what’s slowing down, what’s quietly accelerating, and why the next wave will look very different from the last.

We covered:

→ Why European climate VC is down ~30% YoY

→ How deep tech now captures ~50% of climate funding in Europe

→ The real cost of deeptech: $100M+ in VC to reach $100M revenue

→ Why Europe struggles at Series B, and how foreign capital fills the gap

→ Corporates vs VCs: who’s actually funding climate innovation now

→ Defense, sovereignty, and resilience rebrands, hype or strategy?

→ Early signals for 2026: biomaterials, circular economy, and AI overlap

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