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Research News: Finance

US Cleantech Venture Capital Continues to Gain Momentum in Q3 2009 With 46% Increase to $965 Million

Thursday, October 29, 2009   (0 Comments)
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Diversity in cleantech investments; significant commitments to solar, materials/construction, transportation and waste management.

 

SAN FRANCISCO, Oct. 29 /PRNewswire/ -- US venture capital (VC) investment in cleantech companies in Q3 2009 increased 46% compared to the prior quarter to $965 million in 50 financing rounds, according to an Ernst & Young LLP analysis based on data from Dow Jones VentureSource. This is the second consecutive quarter of growth in 2009 and the fifth-largest quarterly investment total on record. Compared to Q1 2009, quarterly investment has increased 182% in terms of capital and doubled in terms of financing rounds.

 

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