Global Cleantech VC Investment Reached $3 Billion in 2007

On Friday, February 29, 2008, Dow Jones VentureSource released data on venture capital investment in clean technology in 2007. Their data indicated that on a global basis, there was $3 billion in venture capital invested in 221 "clean technology" deals in 2007. This amount was a record level of annual investment and a 43% increase over the $2.1 billion invested in 2006. Please refer to the Dow Jones VentureSource announcement for additional data and methodology notes.

According to Jessica Canning, Director of Global Research for Dow Jones VentureSource, "Clean technology is no longer wishful thinking. With record-high fuel prices, ongoing debate over carbon emissions, and the potential for favorable legislation following this fall’s election, investors recognize that the time is ripe for innovation and investment in this area."

Also, please see the Green VC post Cleantech Venture Capital Investing Sets Record in 2007 for information on cleantech VC investment data released by Thomson Financial and the National Venture Capital Association.