7% of the UK’s total number of tech unicorns. The UK has a further 19 future climate tech unicorns, currently valued between $250mn - $800mn, showing a healthy pipeline of climate pioneers in the UK. The US is home to the majority of high value climate tech firms, with 91 unicorns, including the likes of Rivian Automotive, creating emissions-free Electric Adventure Vehicles, Impossible Foods, and Tesla Motors - valued currently at $694.1bn. Exits through acquisition are proving the more popular path for founders in climate tech as of 2022, but it is expected that with maturity, more companies will begin listing on public markets Alongside the large late rounds documented, climate tech companies are starting to display a healthy exit rate. The largest proportion of liquidity events is in acquisitions where acquirers may be looking to add a new technology or capability to their product offering, expand into different markets, or utilise the talent of the acquired business.