Megarounds in startup funding are becoming rarer, but energy startups are still able to raise significant funding. Despite the slowdown in the global venture capital market, energy-focused megarounds have gained more relative share. The dominance of Chinese companies in energy megarounds has shifted to a more diverse representation with the US and the EU taking the lead. A wide range of technologies are now being funded, indicating progress towards commercialization. However, carbon emissions are still a pressing issue.
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