Energy

While 2011 cleantech investing grew, later stage dominated

Cleantech venture capital and corporate investing for the full 2011 year was up in terms of overall dollar amounts compared to 2010, according to the research firm The Cleantech Group, but large follow-on rounds for matured companies continued to dominate the year.

While total venture and corporate investments in cleantech companies in 2011 rose to $8.99 billion — 13 percent over 2010 — the number of deals declined by 7 percent compared to 2010. And a whopping 85 percent of those dollars (or $7.64 billion) went to Series B rounds or later. That leaves only 15 percent of the dollars going into Series A or angel rounds.

via While 2011 cleantech investing grew, later stage dominated — Cleantech News and Analysis.

Categories: Energy, Finance