Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

Money

There was some venture capital activity in the cleantech/green energy sector in the third quarter of 2011.Energy storage led the way in what turned out to be a $2.23 bn quarter for venture capital in this space. Let’s take a look at the details:

1. Capital raised: The ‘energy storage’ sector was the top-grosser in the quarter, raking in $514 mn in venture capital and leading the second-largest grossing sector, solar, by a wide margin (solar had $350 mn in proceeds). Boston-Power was good for $125 mn of the energy storage total.

To read the full, original article click on this link: Five facts about the cleantech venture capital market in Q3 2011

Author:Tom Johansmeyer