Venture capital isn't flowing into U.S. clean-technology companies like it once was, new investment figures show. The sector is suffering from overall uncertainty in the venture market, coupled with fears about investing in businesses that require a lot of capital, insiders say.
"The general trend has been down, but there are a few notable exceptions," says Paul Holland, a general partner with Foundation Capital, which has backed several companies in the energy-efficiency and smart-grid sectors.
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Author: YULIYA CHERNOVA
