Clean Tech Investments

clean tech deals Clean Tech Investments 

I don’t usually refer to articles on Techcrunch, since it is a tech/web 2.0 blog, but this was a good reference that was green related.  In the chart above, you can see that Clean tech investments have gone up significantly. It was no surprise, but at least we have evidence from the National Venture Capital Association(NVCA) and Thomson to back it up. In the first three quarters of 2007, clean tech investments make up 10 percent of all funding with 168 deals at $2.6 billion, while internet investments has 15 percent.  Out of the 168 deals, 149 are in the US with California accounting for 68 of them while Massachusetts was second with 11 deals. Solar energy was the biggest sub-sector with 35 deals while alternative energy had 33 and power supplies industries had 25 deals. We have not seen too much hype and attention to too many new clean tech startups and companies but it will interesting to see what will come out of this. I don’t see it as a bubble since it has just started but it will be exciting to see what happens in the next few years. If we do not see any results from all this clean tech boom, then investors would probably stop investing in them, so come on clean tech companies, let’s see some results!

via Techcrunch and NVCA

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