Cleantech Investment On The Rise Again In The US – $1.5 Billion In Q2 2010

According to an Ernst & Young analysis based on data from Dow Jones VentureSource, venture capital investment in US-based cleantech companies hit $1.5 billion for the second quarter, in 68 financing rounds. That translates to an increase of 63.8 percent in capital and a 4.6 percent increase in deals compared to the same period last year. The $1.5 billion mark also means the highest level of venture funding for the cleantech industry was reached since the third quarter of 2008 (i.e. two years ago).