Cleantech Venture Capital Draws In $7.8 Billion in 2010 Despite Facing Two Subsequent Declines in Last Half

.

Cleantech Venture Capital Draws In $7.8 Billion in 2010 Despite Facing Two Subse

Despite facing morose last half of 2010 due to plunge in global investment for two subsequent quarters, Cleantech had a good year with global investments to the tune of $7.8 billion it propelled in venture capital in 2010.

Talking about the worldwide scenario, there was seen a 28% surge in global investing than 2009, which was the record highest since 2008. The only negative aspect that was witnessed last year was venture capitalists' uncertainty associated with risk bearing capital-intensive investments, which take long time to bring returns. Investments in energy efficiency ventures such as Opower are catching much of investors' eye.

In the fourth quarter of 2010, the total venture investment declined 17% to $1.61 billion than the third quarter when it was $1.95 billion. The inflow of VC dollars into cleantech dropped 30% in the third quarter in comparison to the second quarter.

The share of U. S. venture capital dollars in the third quarter fell 22% to half of the total venture capital investments made in the third quarter of 2009, as per a report by Ernst & Young.

Out of the total venture capital investments made across the globe last year, the proportion of North America stood approximately at 70% and the share of dollars' investment rose 45% to $5.28 billion. Some of the leading deals of 2010 are electric vehicle infrastructure startup Better Place that raised $350 million, Abound Solar benefitted by $110 million funds and solar manufacturer Solyndra's $175 million deal.


Latest News

Third-Quarter Sales Better -Than- Expected for LinkedIn, Thanks to New Businesse
“Overweight” Rating for Facebook from JPMorgan Chase & Co
Fall in Oil prices Leave the Small-cap Shale Companies in Trouble
Beginning of 2015, Starbucks will Start its Delivery Service in Selected Markets
Herb Strather, Detroit blight Buyer Makes a Wednesday Deadline
Baidu with its Growing Mobile Presence, Hit 27 Percent Profit Increase
Third Quarter Profits for Samsung Electronics Drop Sharply
Federal Reserve Ends Bond Buying Programme, Keeps Interest Rates Low
Reduced Growth in Major Overseas Economies Affect U.S. Durable Goods Order
Lowe’s to Introduce Robots in Store for Customer Service
Facebook Shares Fall as the Company Portrays Increased in Expenses in 2015
USPS Audit Questions the Consistency of Surveillance Conducted on Mail