Cleantech investing surpasses IT in Europe despite dip – VentureBeat
Even though cleantech investing in Europe and Israel is down more than 30 percent from last year’s $1.8 billion, the sector is surpassing IT to become the second largest venture capital category on the continent (biotech remains at the top).
Metrolight Adds On $3M for Energy-Efficient Lighting – Earth2Tech
In an economy in which industrial and municipal customers are trying to save on their energy bills Metrolight’s ballast, which can reduce the energy consumption of a lamp by 60 percent and double its life, could prove even more popular.
Cleantech Startups Look To Canada For Capital – CleanTech Brief
Despite a global downturn in cleantech IPOs, the TMX Group, which owns and operates the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), added 30 new listings to its cleantech portfolio in 2007-08 and three thus far in 2009.
Web Portal Connects Green Companies with Global Financing – Environmental Leader
The Cleantech-Capital.net Web portal is set to launch in July to connect green companies with global cleantech investors. The portal is designed to generate investor leads and inquiries for cleantech companies raising capital across all areas of the investor spectrum, from angel and venture capitalist funding to major project finance and infrastructure funding.
Private equity sticks with clean tech – DailyFinance
More than 75 percent of private equity fund managers playing in the clean technology space primarily manage venture capital funds, with 13 percent focusing on infrastructure funds, seven percent in buyouts and three percent elsewhere (e.g., mezzanine and balanced funds). Nearly half (45 percent) of private equity fund managers investing in cleantech are based in North America, with 36 percent in Europe and 19 percent in the rest of the world.