Cleantech Investment Rises for 2004

According the Cleantech Venture Network, overall cleantech investment in 2004 totalled $1.209 billion, up 3.4% from the $1.169 billion recorded in 2003 and up 11.4% from the 2002 total of $1.085 billion. $3.464 billion of investment has entered the cleantech space since 2002. Additionally, in Q4 2004 investment into clean technology companies increased for the 3rd straight quarter to $314.3 million, up from $311.6 million in Q3. The Q4 total is the largest in three years. In 2004, cleantech investment captured 5.8% of the $20.9 billion of venture capital invested across all industries. Furthermore, in Q4 2004 Cleantech captured more than 6% of the $5.279 billion invested in North America overall, up significantly from 4.7% in the previous quarter. Cleantech now ranks 7th in size as an industry segment behind Software, Biotechnology, Telecommunications, Medical Devices and Equipment, Semiconductors and Networking Equipment. For the second consecutive quarter cleantech investment leaders RockPort Capital and EnerTech Capital were among the most active investors in Q4. They were joined by SAM Sustainable Asset Management with each firm participating in three cleantech financings, as 10 firms participated in multiple cleantech financings in Q4. In total there were 94 unique investors participating in a cleantech investment […]

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