2006 North American Cleantech Investment Totals $2.9 B

Cleantech Venture Network reported that North American venture capital investment in the cleantech category totaled $2.9 billion for 2006, representing a 78% increase over 2005 cleantech investment of $1.6 billion, and a 140% increase over 2004 investment of $1.2 billion.

About $613 million was invested in cleantech in Q4 2006, a 22% increase over the Q4 2005 investment of $502 million. The fourth quarter 2006 was down from the record invested in Q3 2006 of $933 million. Cleantech Venture Network researchers also reported that the Energy Generation segment totaled $1.3 billion, a 2.1x increase from 2005, and that Energy Storage attracted $354 million, representing a 2x increase over 2005. Cleantech Venture Network researchers will be presenting research data for North America and Europe as it relates to venture investing at the Cleantech Forum, to be held February 19-22 in San Francisco.
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