VC Funding Falls –

Venture Capital funding fell 7.3%  in third quarter from a year earlier.  According to a report from the National Venture Capital Association and PriceWaterhouseCoopers, firms invested $4.82 billion in the quarter.  Clean technology saw the steepest decline falling 32% from the same quarter in the previous year.  However, clean energy still received $625.2 million in funding.  The largest financing round was $106 million for Trilliant Inc. which makes software and equipment for smart grid energy networks.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2010-10-15/venture-capital-funding-drops-as-clean-energy-startups-attract-less-money.html

Jim Sutliff

This entry was posted in Alternative Energy, Banking, General, Investments, Private Equity, Regulatory, Tax, Venture Capital. Bookmark the permalink.