A “clean tech” or “clean-tech” or green tech startup is a young company that seeks to increase performance, productivity and efficiency by minimising the harm done to the environment by adopting environmentally friendly technologies.
In essence, the term “clean tech” is used to describe companies dealing in agriculture, manufacturing, transportation, energy and water. The term stems from “clean technologies” & is often interchanged with “green-tech,” or “green technology.”
The term was first used by venture capitalist investors.
Clean tech companies usually prioritise profit-making as much as they do sustainability, unlike some other environment-first companies. A clean tech startup usually hires employees who hold records of prior exhibited skill and expertise of working in this sector.
The clean tech startup ecosystem is characterised by significantly high industry growth.
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