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- 1Washington climate tech founders secure funding despite AI investment squeeze●Washington climate tech founders score funding as AI boom drains investor cash
Climate technology startups in Washington state are raising new funding rounds even as the AI boom draws investor dollars away from other sectors. Founders in the Pacific Northwest are still managing to close deals, a sign that venture capital interest in clean energy and climate innovation has not dried up entirely, though founders face a tougher environment as AI companies absorb a growing share of available cash.
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Axios has published its weekly roundup of energy and climate-related deals, covering the latest funding, mergers and investment activity in the sector. The roundup tracks which clean energy and climate startups and companies secured capital or struck agreements over the past week, offering a snapshot of where investor money is flowing in the energy transition.