Cleantech Q3 North American Venture investment tops $933 million

Biofuels investment hits $512 million for the quarter

• ANN ARBOR, MI, October 24, 2006 –Cleantech Venture Network® researchers reported today that
• North American venture capital investing in the cleantech category realized its 9th consecutive quarter of
• growth with a record $933 million invested in Q3 2006. The energy segment led the way with $837
• million, a 41% increase over the $594 million invested in Q2 2006.
•  
• The $933 million invested in all cleantech segments during Q3 2006 represented a 10.8% increase over
• the $843 million invested in Q2 2006 and a 120% increase over $425 million in Q3 2005. Energy
• investment accounted for $1.78 billion, more than tripling the $560 million invested in the first three
• quarters of 2005. Of the $843 million invested in energy, $512 million was in biofuels and $69 million in
• solar.
•  
• Year-to-date cleantech investments totaled $2.29 billion, double the $1.1 billion invested in the first three
• quarters of 2005. To date, 2006 cleantech investing has already surpassed the total of $1.6 billion for all
• of 2005.
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• Cleantech Venture Network® researchers expect to release complete data in their comprehensive
• Cleantech Venture Monitor® in November. European investment numbers are scheduled to be released
• within the next two weeks.
• 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 network popularized the
• term cleantech in 2002 and defined the segments and sizes the category providing investors, executives,
• government agencies and media accurate and consistent data back to 1999. Over 1,300 affiliate members
• worldwide take advantage of the global Cleantech Venture Forums®, comprehensive market research
• services and reports, online proprietary deal flow, and investor directory. In addition, CVN provides
• 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.