Cleantech Venture Investments Surpass $1 billion in Q3 - Cleantech Venture Network
North
American and European Cleantech venture capital investment in Q3 2006
totaled $1.081 billion, according
to Cleantech Venture Network. More than $934 million was invested in North
American cleantech companies in Q3 2006, 14% of the overall $6.5 billion
invested, making cleantech the third largest venture capital category for
the quarter.
Venture capital investment in European cleantech companies totaled $147 million in Q3, or 12% of Europe’s overall total of $1.2 billion.
In North America, the largest Q3 cleantech deals were Cilion, Altra, Ion America, Renewable Energy Group and Newmarket Co. totaling $572 million, or 61.2% of cleantech investment in the quarter.
The 47 North American cleantech deals represented 5.1% of the 919 venture deals completed in the quarter. The average cleantech deal size was $19.8 million compared to the overall average VC deal size of $7.1 million.
The largest cleantech deals in Europe included Ocean Power Delivery Ltd., Keronite International Ltd., DeepStream Technologies Ltd., Protalix Biotherapeutics Ltd., and Replisaurus Technologies AB.
