Cleantech Group Q209: The Worst Is Behind?
Cleantech Group released last week their Investment Monitor for Q209 (only for members). Globally, Q209 cleantech venture investments increased by 24 percent compared to previous quarter Q109 but was down by 38 percent on an annual level from Q208. Global cleantech venture investments totalled 1,3 billion dollars at Q2. The Group estimates that 84 per cent of total venture dollars investments was follow-on rounds.
In Q2, there was a rebound for cleantech VC investments and the Group believes the worst is behind cleantech venture capital.
