Clean Tech VC Funding On Rebound, Up 50% Since 2nd Quarter

November 6, 2009

Email this story Print this post Add your comments

Venture capital funding for the clean tech industry, beleaguered for most of the year, finally rebounded in the third quarter, according to figures from DowJones VentureSource, as analyzed by Ernst & Young LLP.

About $965 million in venture capital was committed to clean tech in the third quarter, up from $661 million the second quarter and just $341 million in the first quarter.

VC funding has not yet fully rebounded to 2008 levels. In the third quarter of 2008, VC funding for clean tech totaled $1.8 billion, or nearly double what was committed in the third quarter of 2009.

Email this story Print this post Add your comments

Advertisers

Stay competitive through sustainability.

Find out how at the SAP Sustainability Resource Center. >>

Unclear about the EPA's new GHG Rule?

Learn how it could affect your business. >>

EPA mandatory emissions reporting starts Jan 1st

CSA Standards can help your organization get ready for compliance. Find out how. >>

Best Practices: Product Environmental Compliance

How to achieve compliance at a significantly lower cost. Download the full report. >>

Join the Discussion

Recent Daily News [ see all ]

12/04/2009
12/03/2009
12/02/2009

Charts [ see all ]

Just 51% of Americans Believe in Global Warming, Down from 71% in 2007

Study Finds Wind Farms Don’t Hurt Property Values

LEDs Beat Incandescents in Lifecycle Assessment Energy Use

Despite Growth in Wind and Solar, Hydro Accounts for 70% of U.S. Renewable Energy

Jobs

View All Jobs >> Post a Job >>

Comments and Discussions

Harbinger on China, India, Brazil Draw ‘Red Lines’ on Emissions Cuts
"The whole thing is falling apart as it eventually had to do. This is..."

Custom Organic Shirts on Australia Votes Down Climate Legislation Again
"@James – ummmm….ok… So, are you trying to say that cap and..."

Custom Organic Shirts on Recession Could Affect U.S. Climate Stance
"@Glennis – Sorry, exactly which climate scientist stands to gain financially..."

James on Australia Votes Down Climate Legislation Again
"The world’s forests will be saved with the defeat of cap and trade. There will be no..."

Custom Organic Shirts on Ahead of Copenhagen, EU Carbon Prices Rise 3% in One Day
"Does anyone know, does this mean Brazil wants to maintain the..."

Custom Organic Shirts on Australia Votes Down Climate Legislation Again
"That is a bummer. I bet if the US had taken the leadership to get something..."

Isabel Santis on LEDs Beat Incandescents in Lifecycle Assessment Energy Use
"Larry, I find the argument that heat loss from incandescent lighting..."

Environmental Leader