Cleantech Group’s final report on Cleantech investment for 2011 was released yesterday to i3 subscribers.
2011 VC investment in cleantech began the year strong and maintained momentum. 2011 is the first year in our decade of tracking that all four quarters exceeded $2 billion in cleantech venture investment.
Early stage deal count went flat, as investors focused more on re-investing their portfolio companies that are in need of capital for growth. And while bankruptcy filings of Solyndra and others raised questions, in the end they did not affect investors’ appetite for cleantech, as total VC investments hit $2.21 billion in 4Q11 to close out the year strong.
To get this and other Cleantech Insights stories delivered weekly to your inbox, sign up for the Inside Cleantech Newsletter: