According to TechCrunch, “this was supposed to be the year that climate tech died” thanks to political rollbacks in the U.S. and softened ambition in Europe. However, the data tells a different story. VC investment in climate and clean energy remained essentially flat year over year, defying expectations of a sharp downturn. That resilience reflects not just the urgency of climate change, but a more fundamental shift: many climate technologies are now cheaper or better than fossil alternatives.

As the most active investor in climate tech, we have a pulse on what’s to come for 2026 and according to SOSV’s General Partner Po Bronson, “when investors finally get tired of a sector and come to the conclusion it won’t pan out that the real breakthroughs finally happen.”

He spoke to TechCrunch about the latest trends investors should be paying more attention to (hint: plasma), large scale deployments ready to boom, possible IPOs, and more.