HeavyFinance, a climate tech investment marketplace for the agricultural industry, has selected Centropy PR to lead its global communications programme following a competitive pitch process.
HeavyFinance is one of Europe’s fastest growing climate tech companies, tackling the environmental crisis by providing financing and loan schemes for companies in the sustainable agriculture sphere with the goal of removing 1 gigaton of CO2 emissions by 2050. The news as HeavyFinance announced a success €3 million funding raise during its seed funding round, led by VC firm Practica Capital.
The Centropy team will lead on the company’s external communications programme, overseeing core messaging, influencer relations and content creation as part of an integrated multi-market campaign.
Laimonas Noreika, Founder of HeavyFinance, said: “We have big plans to further increase our business in the European marketplace, and we needed a PR partner to support us on this journey. The Centropy team has the experience, energy and media connections to help take our message to new customers and play a crucial role in the next stage of our development.”
Steven George-Hilley, founder, Centropy PR said: “HeavyFinance is playing a crucial role in tackling the climate crisis, providing vital financial support and promoting sustainable agriculture. Our team is excited to be working with an agenda-setting company that is doing so much to help build a cleaner, greener world.”
An insight into the ClimateTech market
The issue of climate change is no longer just a distant problem. It has become a pressing issue that demands immediate attention and action. As such, the demand for innovative technologies to combat climate change has skyrocketed in recent years – giving rise to an entirely new industry: ClimateTech.
The global market size of ClimateTech in 2023 is expected to reach $3 trillion. This industry comprises technologies and services that help mitigate or adapt to the effects of climate change.
ClimateTech refers to a range of technologies that aim to address the challenges posed by climate change, including mitigation (reducing greenhouse gas emissions) and adaptation (preparing for and responding to the impacts of climate change). It includes renewable energy, energy efficiency, transportation, agriculture, water, waste management, and construction.
The market for ClimateTech is growing rapidly as the world grapples with the reality of climate change. Investment in this space is expected to increase in the coming years as businesses and governments seek to reduce their carbon footprints and become more resilient to the impacts of climate change.
The different types of ClimateTech
There are four different types of ClimateTech: energy efficiency, renewable energy, electric vehicles, and carbon capture and storage.
1) Energy Efficiency: This type of ClimateTech includes products and services that help to improve the energy efficiency of homes and businesses. This can be anything from insulation to more efficient appliances and lighting.
2) Renewable Energy: This type of ClimateTech refers to products and services that generate renewable energy, such as solar panels and wind turbines.
3) Electric Vehicles: Electric vehicles are a type of ClimateTech that refers to any vehicle that is powered by electricity, such as hybrid cars or all-electric cars.
4) Carbon Capture and Storage: Carbon capture and storage is a type of ClimateTech that captures carbon dioxide emissions from power plants and other industrial facilities before they are released into the atmosphere, then stores them in underground reservoirs.
The benefits of ClimateTech
ClimateTech is a rapidly growing industry with numerous benefits for both businesses and consumers. ClimateTech products and services help organizations to save money, reduce emissions, and improve their operations. In addition, ClimateTech provides many opportunities for consumers to save money on their energy bills and live a more sustainable lifestyle. Here are some of the key benefits of ClimateTech:
1) Helps businesses save money: Many businesses are turning to ClimateTech solutions to help them reduce their operating costs. For example, by using energy-efficient lighting, HVAC systems, and appliances, businesses can significantly lower their electricity bills. In addition, ClimateTech can help companies to save money on water consumption by using water-saving fixtures and irrigation systems.
2) Reduces emissions: One of the main goals of ClimateTech is to help businesses and consumers reduce their carbon footprint. By using low-emitting technologies and practices, ClimateTech can help organizations to significantly reduce their greenhouse gas emissions.
3) Improves operations: Another benefit of ClimateTech is that it can help businesses to improve their operations. For example, by using data analytics, companies can better understand their energy use and make more informed decisions about how to conserve resources. Additionally, manyClimateTech solutions are designed to be user-friendly and easy to implement, which can help streamline operations for businesses.
4) Provides opportunities for consumers to save money: In addition to helping businesses save money, ClimateTech also provides many opportunities
Conclusion
The global market size of ClimateTech is expected to reach $3 trillion by 2023 as companies continue to invest in and develop new technology designed to reduce carbon emissions and increase energy efficiency. As climate change becomes an increasingly pressing issue for businesses and governments alike, ClimateTech will become an even more important sector, providing a range of solutions that have the potential to mitigate some of its effects. With many investments and public awareness rising around the importance of addressing climate change, It is even more important for HeavyFinance to select a productive global comms company like Centropy PR to be able to meet up with the rising trends of this industry in the coming years.
