San Francisco is the startup capital of the US - but is that true for renewable energy tech?
According to Carta data, SF doesn't even make the top 3.
Looking at total capital invested into renewable energy startups from Jan 1 2022 thru Feb 28, 2023, the leading counties were:
1. Middlesex MA (near Boston) 2. King WA (home to Seattle) 3. Denver CO
San Francisco comes in a respectable 4th - but in almost no other industry is SF this far down the list.
Looks like the renewable future is going to be more distributed than the SaaS past.
If you think we should build a whole report around renewable energy and climate tech from Carta data, let me know in the comments!
#cartadata #renewableenergy #climatetech #startups #fundraising
DISCLOSURE: This communication is on behalf of eShares, Inc. dba Carta, Inc. ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. © 2026 Carta. All rights reserved. Reproduction prohibited.
