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Today in Cleantech

The Cleantech Group released data yesterday on fourth quarter VC as well as 2011 total VC for cleantech. Overall VC was up to almost 9 billion for 2011, a 13 percent increase over 2010.  Though Earth2Tech’s Katie Fehrenbacher points out, “large follow-on rounds for matured companies continued to dominate the year,” meaning fewer startup and early stage cleantech companies are finding funding. Despite the Solyndra hangover, solar led all investment with $1.8 billion, not to mention multi-billion dollar deals, like Warren Buffet owned MidAmerican Energy’s investment in two major solar projects, which aren’t counted in VC figures. It’ll be interesting to see if any VC firms see an opportunity right now in filling the void for early stage financing or if sentiment has shifted toward viewing seed stage as too risky.