Friday, February 29, 2008
Clean Technology Investments Jump To $3B Globally
Dow Jones VentureSource released numbers Friday showing that venture capitalists invested $3B in 221 clean technology deals worldwide in 2007. The report found that the number of dollars invested was a 43 percent increase over last year, where there was $2.1B and 173 deals. According to Dow Jones, the amount of investment matched the size of investments in the entire business/consumer/retail industry, representing 8 perecent of the total U.S. venture capital investment in 2007. California garnered $1.3B of the total investments in the clean technology sector, representing 66 of the deals covered by the report.