European Q2 Cleantech venture investment reaches $268 million

Energy Segment Attracts 91% of All Cleantech Investment with $243 Million

• ANN ARBOR, MI, August 24, 2006 – Today the Cleantech Venture Network® reported that Q2 2006
• cleantech venture capital investment in Europe increased 66% over Q2 2005, with $268 million invested.
• The energy segment led the way in the quarter, totaling $243 million or 91% of all cleantech investment,
• and 17% of total venture capital invested for the quarter.
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• Year-to-date cleantech investment of $334 million represents a 15% decline over the same period in 2005
• when $395 million was invested. The $334 million invested in cleantech during the first half of 2006
• represented 13.8% of all venture capital invested in all categories year-to-date.
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• “Q2 2006 represents the largest single quarter in cleantech venture investment in the two and one-half
• years that we have been tracking the European venture capital market,” said Nicholas Parker, Chairman
• and Co-Founder of the Cleantech Venture Network.
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• Keith Raab, CEO and Co-Founder of the Cleantech Venture Network observed that, “While in North
• America we are experiencing eight consecutive quarters of sustained growth in cleantech venture
• investments, this quarter represents an end to two quarters of decreasing cleantech venture investment in
• Europe.”
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• Mr. Raab added that a complete detailed analysis of both North American and European data will be
• presented at the Cleantech Venture Forum® XI in New York City, September 20-22 at the Marriott
• Marquis Midtown. The Cleantech Venture Monitor® is the primary source for quarterly cleantech deal
• information, and has tracked more than $10.2 billion in North American cleantech deals since 1999 and
• $2.3 billion in Europe since 2003. The Cleantech Venture Network is scheduled to release the full Q2
• 2006 Cleantech Venture Monitor report to its members next week.
• About Cleantech Venture Network, LLC
• The Cleantech Venture Network® LLC is a membership group that accelerates investment, business
• opportunities, and relationships driving the growth of cleantech globally. The network has over 1100
• affiliate members worldwide who take advantage of the global Cleantech Venture Forums®,
• comprehensive market research services and reports, an online proprietary database of over 800 prescreened
• companies, online access to cleantech deals, M&As and IPOs in both Europe and North
• America, and an online global directory of active cleantech investors. In addition, the group provides
• information services including a 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.
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• Over $500 million has been raised by companies that have presented at the Cleantech Venture Forums
• since 2002. The organization has tracked and analyzed a total of more than $12.5 billion of North
• American and European venture investment in cleantech. They have also expanded their database to
• include all M&As and IPOs in cleantech in North America and Europe