Q2 Investing Stays StrongSeptember 02, 2010 Posted by: Matt Maloney
Cleantech investing continues to recover at faster pace. All of the news services, including VentureSource, Bloomberg New Energy Finance, and Cleantech Network, report consistently strengthening investment activity through the second quarter of 2010. 2Q2010 was the strongest quarter since 2Q2008 and the second-highest quarterly total ever. Levels fell just behind healthcare at about $1.6 billion, according to MoneyTree.¹
In a last look at 2009, the Cleantech Group reported the number of VC firms that participated in some disclosed round of financing. A robust total of 726 firms invested in at least one round; however, only 40 participated in more than five, and just eight did 10 or more, according to the Cleantech Group². The firms are DFJ, Element, Khosla, Kleiner Perkins, NGEN, Rockport, SAIL, and VantagePoint.
In terms of total investment in clean energy – including project and other asset financing – 2009 was $162 billion, just 7 percent below the record year of 2008, and Bloomberg New Energy Finance (BNEF) reports forecasts hitting $200 billion in 2010.