Cleantech becomes third largest venture investment category with $843 million invested in Q2 2006

$594 Million Energy Investment Triples Q2 2005

• ANN ARBOR, MI, August 10, 2006 – Cleantech venture capital investing in North America
• realized its 8th consecutive quarter of growth with a record $843 million invested in cleantech in Q2
• 2006, Cleantech Venture Network™ researchers reported today. The energy segment led the way
• with $594 million, a 69% increase over the $352 million invested in Q1 2006.
•  
• According to data, the $843 million in venture capital invested in cleantech during Q2 2006
• represented a 64% increase over the $514 million invested in Q1 2006 and a 129% increase over
• Q2 2005. Cleantech investment reached 13.4% of all venture capital invested in all categories for
• the quarter. In the first half 2006, energy investment tripled to $946 million, from same time last
• year.
•  
• Year-to-date cleantech investments totaled $1.4 billion, nearly doubling the $704 million invested
• in the first half of 2005. For all of 2005, cleantech investing totaled $1.6 billion. Also significant
• was that 6 of the 10 cleantech segments showed increases through the first half of 2006, indicating
• broad investment interest in the category.
•  
• "In addition to seeing a surge of venture investment in clean energy-related companies, we are
• seeing significant growth in other cleantech segments such as agriculture, environmental IT,
• transportation and water,” said Nicholas Parker, Chairman and Co-Founder of the Cleantech
• Venture Network. “Growth in venture flows is being matched by more cleantech mergers,
• acquisitions and public market activity, along with a lengthening list of major corporations placing
• cleantech at the heart of their competitive strategies."
•  
• In Q2 2006, cleantech surged ahead of the two previously dominant venture investment categories
• of Telecommunications and Medical. It now ranks third behind only Biotech and Software,
• indicating its shift into the mainstream, observed Keith Raab, CEO and Co-Founder of the
• Cleantech Venture Network. “The interest in cleantech has moved beyond investors to
• corporations, global media, national and state governments, academia, and the general consumer,
• reflecting its broad acceptance.”
•  
• A complete detailed analysis of both North American and European data will be presented at the
• Cleantech Venture Forum September 20-22 at the Marriott Marquis in New York City. The
• Cleantech Venture Monitor™, the primary source for quarterly cleantech deal information, has
• tracked more than $10.2 billion in cleantech deals since 1999.
• About Cleantech Venture Network, LLC
• The Cleantech Venture NetworkTM LLC is a membership group that catalyzes investment, business
• opportunities, and relationships driving the growth of cleantech globally. The network has over 900
• affiliate members worldwide who take advantage of the global Cleantech Venture Forums™,
• comprehensive market research services and reports, online proprietary database of pre-screened
• companies, online deal flow, and online directory of investors active in cleantech. In addition, they
• provide information services including the twice a month market intelligence newsletter Cleantech
• Capital Alert and the quarterly Cleantech Venture Monitor report that tracks and analyzes all
• cleantech venture investments, M&As and IPOs in North America and Europe.
•  
• Over $500 million has been raised by companies that presented at the Cleantech Venture Forums™
• since 2002. The organization has tracked and analyzed more than $10.2 billion of North American
• venture investment in cleantech since 1999 and all European cleantech investments over the past
• three years. They have expanded their database to include all M&As and IPOs in cleantech in
• North America and Europe.