SPACs are resurging in climate tech with 11 listings in 2026 versus 3 in 2025, led by nuclear, but the 2020-22 cohort mostly failed—89 climate SPACs listed then, only 5 trade above their $10 price, 22 went bankrupt, and 57 lost 90%+. Success now hinges on pre-existing revenue and committed private capital, not hype.
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Topics: Energy & Climate · Venture Capital & Startups
Published by Climate Tech VC · their site ↗
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