Xconomy reports that PriceWaterhouseCoopers / Thompson Reuters estimate cleantech VC investments totalled $1bn in the third quarter this year. Cleantech trailed only biotech and software, at $1.35bn and $1.34bn, respectively.
Total VC investments in Q3 were $7.1bn, so cleantech represented 14% of all VC investment in the quarter, compared to ~19% for both biotech and software. Also according to PWC, cleantech represented only 7.44% of all 2007 investments, and 5.62% of 2006 investments. Now in the top 3 of all VC sectors in the US, is it alright to say that cleantech has come of age? What the hell — is it alright to say that the green bubble has begun in earnest?
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