Thursday, February 28, 2008

Largest cleantech capital raise in 2007 was Israeli venture

"The largest cleantech financing round in 2007 was the $200 million first financing round by Shai Agassi's electric car venture Project Better Place, according to Dow Jones VentureSource.
Dow Jones VentureSource said that $3 billion was invested in 221 cleantech deals in 2007, 43% more than the $2.1 billion invested in 173 deals in 2006. The US accounted for 83% of the capital raised, at $2.52 billion, 79% more than in the preceding year. Cleantech accounted for 8% of total venture capital investment in the US in 2007.

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