press releases

2006 North American Cleantech Venture investment totals $2.6 billion

 

Cleantech Category Grows 78% Over 2005 Total

  • ANN ARBOR, MI, Jan. 11, 2007 – Cleantech Venture Network® reported today that North American
  • venture capital investment in the cleantech category totaled a record $2.9 billion for 2006, representing a
  • 78% increase over 2005 cleantech investment of $1.6 billion, and a 140% increase over 2004 investment
  • of $1.2 billion. About $613 million was invested in cleantech in Q4 2006, a 22% increase over the Q4
  • 2005 investment of $502 million. The fourth quarter 2006 was down from the record invested in Q3 2006
  • of $933 million.
  •  
  • Energy-related investment accounted for $2.1 billion, or 74%, of the total 2006 cleantech venture
  • investment. This represented a 1.9x increase over the $739 million invested in the energy category in
  • 2005 and a 2.9x increase over 2004 energy investment. The Energy Generation segment totaled $1.3
  • billion, a 2.1x increase from 2005. Energy Storage attracted $354 million, representing a 2x increase over
  • 2005.
  •  
  • “While energy was certainly the top area of interest, some other categories posted good gains as well,”
  • said Nicholas Parker, chairman and co-founder of the Cleantech Venture Network®. Recycling & Waste
  • deals totaled $192 million, a 2.9x increase over 2005, and Transportation investments hit $164 million, up
  • 2.5x over 2005, indicating growing interest in other cleantech segments.
  •  
  • Cleantech Venture Network® researchers will be presenting in-depth research data for North America and
  • Europe as it relates to venture investing at the Cleantech Forum™ February 19-22 in San Francisco.
  •  
  • About Cleantech Venture Network®, LLC
  • The Cleantech Venture Network® LLC is a membership group that catalyzes investment, business
  • opportunities and relationships driving the growth of cleantech globally. The Cleantech Venture
  • Network® popularized the term cleantech in 2002 and defined the category, providing investors,
  • executives, government agencies and media accurate and consistent data dating from 1999. The network
  • has over 7,000 cleantech investors and 7,700 companies worldwide that take advantage of the global
  • Cleantech Forums™, comprehensive market research services and reports, online proprietary deal flow,
  • and an investor directory. In addition, CVN provides information services, including the twice-a-month
  • market intelligence newsletter Cleantech Capital Alert™ and the quarterly Cleantech Investment
  • Monitor™ report that tracks and analyzes all cleantech investments, M&As and IPOs in North America
  • and Europe.