Business

Cleantech VC Deals In the US Surge

According to a new report by Ernst & Young and Dow Jones VentureOne, this year’s VC investment in Cleantech is surging, on course to surpass 2006’s record high by a projected 35% worldwide, although growth is overwhelmingly in the U.S. In the first half of 2007, U.S. VCs poured $893 million into cleantech, accounting for […]

Cleantechnew
According to a new reportby Ernst & Young and Dow Jones VentureOne, this year's VC investment in Cleantech is surging, on course to surpass 2006's record high by a projected 35% worldwide, although growth is overwhelmingly in the U.S.

In the first half of 2007, U.S. VCs poured $893 million into cleantech, accounting for 5.4% of venture investment made nationwide. Not surprisingly, solar energy and other alternative fuels are the current VC darling, comprising 15 of the 26 deals completed in Q1 and Q2 of 2007.

Data source: Ernst & Young/Dow Jones VentureOne