Summary:

Some data just put out by PricewaterhouseCoopers and the National Venture Capital Association (based on Thomson Financial info) says yet again that cleantech venture investment is growing. The report says that in the second quarter of 2007 the cleantech sector saw $451 million going into 44 […]

Some data just put out by PricewaterhouseCoopers and the National Venture Capital Association (based on Thomson Financial info) says yet again that cleantech venture investment is growing. The report says that in the second quarter of 2007 the cleantech sector saw $451 million going into 44 deals, which was a 38 percent increase in the deal number and a 46 percent increase in dollars.

The high numbers partially have to do with the more than $70 million invested in Advent Solar, which was the largest deal of the quarter. And if you compare that to the entire amount of VC investment in Q2, which was $7.1 billion in 977 deals (the highest level of deals reported in a quarter since Q3 2001), it’s not that much.

But still. In all of 2006 there were 140 financing rounds for cleantech companies worth $1.28 billion, acccording to the annual Dow Jones VentureOne report. The data out this morning, compiled in the MoneyTree Report, defines the cleantech sector as being made up by alternative energy, pollution and recycling, power supplies and conservation.

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