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Monday
Jun052006

Strong VC interest in Clean Tech

DateMonday, June 5, 2006 at 13:32

More evidence of strong VC interest in clean tech from Dow Jones VentureWire:

"Financing for companies attempting to develop new sources of renewable energy, new processes and materials for manufacturing, and new technology for managing energy use, rose to a six-year high of $513 million in the first quarter of 2006, according to data from Cleantech Venture Network LLC. "

Most of the money (70%) went to energy generation technologies.

Bottom Line: Good news for the sector. There are also more examples of investments outside the predominant VC focus on solar technologies.

AuthorPaul | CommentPost a Comment |

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