Data on third-quarter venture capital shows that green-technology companies are attracting dollars from both investors and government programs.
Ernst & Young on Thursday said that venture investing in green tech rose 46 percent compared to the prior quarter to total $965 million in 50 deals. Solar, auto, green buildings, and biofuels continue to be fast-growing segments within the overall category, according to the Ernst & Young analysis of data from Dow Jones VentureSource.
Government funds, VCs boost green-tech start-ups