Cleantech investments skyrocket in 4Q05
These results show a huge uptick in VC activity in cleantech sectors, a 60% increase on fourth quarter numbers from 2004, and an 18% increase on 3Q05 figures. The numbers show that cleantech grew to 10% of all venture investments in the quarter. Sure, one can go back and forth on the specific figures (and the Cleantech Venture Network does a terrific job with an inherently impossible task), but the directional answer is clear -- these results simply put some numbers down to back up the clear trend toward more and more VC investments in clean technologies.
Here's the AP newswire story.