It's hardly a surprise, but the dollar figures are still compelling. GreenTechMedia's
Cleantech Investing blog culls some numbers from GTM's 2007 round up funding in the sector, and VC investing in renewable energy hit $3.4 billion, up from $2.3 billion in 2006 and $800 million the previous year.
There were 222 financing deals last year, the biggest chunk of which went to solar startups, which garnered $1.1 billion in 71 rounds. As Rob Day, a principal with Boston-based @Ventures, notes in the post, the rubber hits the road in 2008. Will all this investment -- $6.5 billion in the past three years -- turn into lucrative exits for VCs? Or will concerns that cleantech is a bubble come to fruition? - Olaf de Senerpont Domis
See Jan. 9 post from Cleantech Investing
See Jan. 9 post from Behind The Money
See Dec. 17 story from Tech Confidential
Continue reading below
