Cleantech Companies Won 5 of 6 Largest Venture Capital Rounds in 2010
Five of six of the largest Venture Capital fundraising rounds in 2010 went to cleantech companies, based on data from Thomson Reuters: – Better Place: $350 million for electric car charging infrastructure – Solyndra: $175 in convertible debt for unique solar PV panels – BrightSource Energy: $150 million for solar thermal projects – Abound Solar: $110 million for solar thin-film – Trilliant: $105 million for smart grid networking Better Place even beat Twitter’s recently announced $200 million investment. Worldwide cleantech investments peaked at $11.8 billion in 2008, then dropped off significantly to $6.8 billion in 2009, but thanks to strong growth during …
