(April 2004) The 2003 figure represents 2.3% of the total $18.2 billion in venture capital investment in the U.S. last year.
Worldwide, energy technology venture capital funding totaled $526 million in 2003. There were 84 deals completed last year with average funding at $6.26 million each. Categories declining included distributed generation and storage, down more than 31 percent last year (2003) from the previous year (2002). (Data compiled for this study was an analysis by Nth Power, in collaboration with Clean Edge, Inc. The Cleantech Venture Network and the PWC/TVE/NVCA Money Tree Survey.) +