Mobility and farming and food production swap ranks when contrasting the proportion of startups and scaleups with total investment into these areas in 2022. Mobility makes up 8.6% of companies but has received $13.86bn in investment. Larger rounds into electric vehicles companies like Polestar and Arrival, drive total investment up for Mobility. Farming and food production startups and scaleups have received $9.16bn but make up 20.2% of all climate tech startups and scaleups. The investor appetite towards agriculture is weak due to the fragmented, and low-profit nature of the market. In addition to this, 2022 saw a sharp decline in investment into farming and food production (a decrease of $8.26bn).