Carbon expertise startups and meals methods had been the highest classes for funding by deal worth, PitchBook knowledge offered completely to Axios reveals.

Why it issues: The big spikes by month point out a number of, massive offers driving the exercise as a substitute of sustained investor curiosity in both sector.

By the numbers: International VC funding in meals methods startups topped out at $1.2 billion in January 2022, whereas carbon tech investments reached the identical determine in April.

• Meals tech noticed the $1.2 billion unfold throughout 27 offers, whereas carbon tech’s $1.2 billion was throughout simply 4.

The intrigue: Electrical transportation, a high space of funding within the first half of 2021 and 2020, was comparatively quiet in 2022.

• That’s doubtless because of the lack of personal EV firms at present within the sector after the main gamers went public through SPAC or IPO in 2021.