Cleantech investments now exceeding semiconductors

March 8, 2006 | Matt Marshall

A record $502 million in venture capital was invested in green technology companies during Q4 2005 in North America, according to the Cleantech Venture Network (downloads press release).

This investment represented a 59.8% increase over Q4 2004.

And if you believe this group’s numbers, the $1.6 billion invested last year surpassed the entire amount invested in semiconductors, traditionally one of the mainstays of venture investing!

And Silicon Valley, of course, is home to many of the companies reaping the investments, and home to venture capital firms making them.

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About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.