Investors pumped a total of $8 billion into U.S.-based venture companies during the second quarter, a decrease of about five percent on the previous quarter, according to new data released by Dow Jones VentureSource.
In the energy and utilities industry, investment levels fell more precipitously. The sector saw investment of roughly $566 million in 29 deals, which amounts to less than half the capital raised in the second quarter of 2010.
Venture investments into the U.S. energy sector were dominated by renewable power capital commitments, which accounted for $540 million of the $566 million total invested in the sector.
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Author:William Pentland
