Venture investments into companies concentrating on clean technologies--alternative energy, water filtration systems--hit $513 million in the first quarter, a 52.9 percent increase over the same period the year before and a slight increase from the fourth quarter.
The average deal size also went up to $8.28 million, up 16.7 percent from a year ago. In all, sixty seven deals were consummated in the first quarter, down from the fourth quarter, but up 37 percent from the same time a year ago.
??The $357 million invested in energy accounted for nearly 70% of all cleantech Q1 investments and … Read more