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Cleantech Becomes Third Largest Venture Investment Category


Business Wire
August 10, 2006


($843 Million Invested in Q2 2006; $594 Million Energy Investment Triples Q2 2005)

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(TM) 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(TM), 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 Network(TM) 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(TM), 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(TM) 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.

 

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