Q1 2006 European and Israel Cleantech investment hits $120 million

Cleantech investment accounts for 8.6% of all European and Israel venture investment

• London, England, June 9, 2006 – Cleantech investing in Europe and Israel shows first quarter
• strength, the Cleantech Venture Network LLC announced today in its Cleantech Venture
• Monitor™ report. Researchers reported cleantech venture investment at $120 million during Q1
• 2006, representing 8.6% of the $1.4 billion overall venture capital investment for the quarter.
•  
• There were 30 separate deals done in the quarter, with 50 firms participating and four firms in
• multiple deals. The average cleantech deal size was $5 million, compared to the overall average
• venture capital deal size of $5.1 million.
•  
• According to research data to be officially released June 8 at Cleantech Venture Forum X in
• London, the cleantech equity investment category in North American venture capital remains in
• fifth place, ahead of semiconductors and behind only biotechnology, software, medical and
• telecommunications. Cleantech investment accounted for 8.5% of all North American venture
• capital investment in Q1, compared to 8.6% in Europe and Israel.
•  
• “These numbers are reflecting the same strength of investment in the cleantech category that we
• are seeing in North America,” said Nicholas Parker, chairman and cofounder
• of the Cleantech Venture Network, which tracks cleantech industry data for North America and
• Europe. “In North America we are experiencing seven straight quarters of increased cleantech
• venture investment.”
•  
• Keith Raab, CEO and cofounder of the Cleantech Venture Network, pointed out other trends as
• well. “European cleantech investments for the quarter represented 23% of the Q1 investment in
• North America while European investment over the past three years was at about 50% of that in
• North America,” he said.
•  
• The Cleantech Venture Monitor™, the leading source for quarterly cleantech deal information,
• has tracked more than $8.8 billion in cleantech deals since 1999. The latest analysis shows that
• investment in cleantech is continuing to grow globally.
•  
• The Cleantech Venture Network will officially release the detailed analysis of both North
• American and European investment information to over 300 investors and global thought leaders
• at the London Forum being held at the London Marriott Grosvenor Square June 79.
• About Cleantech Venture Network, LLC
• The Cleantech Venture Network TM LLC is a membership group that brings investors together
• with cleantech entrepreneurs who are seeking capital through the Cleantech Venture Forum™
• series of events. The network has over 900 affiliate members worldwide who take advantage of
• the global forums, comprehensive market research services and reports, online proprietary
• database of prescreened venture grade companies, online deal flow, online directory of investors
• active in cleantech, and information services including the quarterly Venture Monitor publication
• that tracks and analyzes all cleantech venture deals in North America and Europe and the twice
• monthly briefing. Of the $5 billion of venture capital raised in cleantech since 2002, over $450
• million has been raised at presenting companies at the forums. The organization has tracked and
• analyzed more than $8.8 billion of North American venture investment in cleantech since 1999
• and all European cleantech investments.