Ernst & Young: Cleantech Investment Skyrockets In Q2

Ernst & Young: Cleantech Investment Skyrockets In Q2

U.S. venture capital investment in cleantech companies in Q2 2009 reached $572 million, an increase of 73% in terms of capital, with 48 financing rounds, a 100% increase in number of transactions compared to Q1 2009, according to an Ernst & Young analysis based on data from Dow Jones VentureSource.

Compared to Q2 08, the second-highest quarter for cleantech investment on record, the Q2 09 results were 59% and 16% below those record levels in terms of capital and number of transactions, respectively.