Since 2016, some $2.4 billion worth of venture capital flowed to companies developing electric aviation and other air travel decarbonization technologies with a strong start in investment volume in 2024, according to Dealroom.co, a Dutch data and intelligence firm.
The segment had a strong start in 2024, noted Dealroom.co senior analyst Lorenzo Chiavarini.
“Aviation is one of the segments where we still don’t have a clear winning technology path to decarbonization to reach 2050 net-zero targets,” he told pv magazine. “In my assessment, it could be a threat or opportunity, either we don’t hit the targets, or we hit the targets thanks to huge investments and technological advances. A third option is we hit the targets thanks to massive social change. That is, flying becomes something we only do if there is no other alternative. So, if we want people to fly, and limit climate disruption and biodiversity collapse, we need to get serious about decarbonizing aviation now.”
The segment had a strong start in 2024, noted Dealroom.co senior analyst Lorenzo Chiavarini.
“Aviation is one of the segments where we still don’t have a clear winning technology path to decarbonization to reach 2050 net-zero targets,” he told pv magazine. “In my assessment, it could be a threat or opportunity, either we don’t hit the targets, or we hit the targets thanks to huge investments and technological advances. A third option is we hit the targets thanks to massive social change. That is, flying becomes something we only do if there is no other alternative. So, if we want people to fly, and limit climate disruption and biodiversity collapse, we need to get serious about decarbonizing aviation now.”