Green computing startups (Europe focus)
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Computing is entering a new era, and this will have huge climate implications. The AI industry is projected to scale to reach a market size of $1.8 trillion by 2030  and whilst switching to powering data centres with renewable energy sources is essential, scaling up green power alone will not solve this problem alone. We need to redesign the way computing has traditionally been done. New computing advances and scaling AI must be viewed as part of a global computing shift.  ‘New computing’ technologies such as quantum computing, neuromorphic computing and optical computing have the potential to transform computing speed. We mapped over 50 European startups which raised $900M+ in VC funding.  Most green computing startups are at early-stage, with over half launched in the last five years and 12 launched in the past year. Full whitepaper coming soon