Thursday, December 8, 2005

3Q05 cleantech investments total $425M

Cleantech reached 8.1% of all venture capital investments in the third quarter, according to statistics from the Cleantech Venture Network.

The Cleantech Venture Monitor identified 69 different deals, totaling $425M, for the biggest quarter on record. According to the press release:

The most active investor in Q3 was EnerTech Capital with five investments in the quarter. Chrysalix Energy, Draper Fisher Jurvetson and Kleiner, Perkins, Caufield & Byers participated in a total of three financings each.

Key Q3 2005 Statistics:

• The Return of the Northeast: In an upset the Northeast reclaimed its number one position in cleantech investment with a record setting $141.4 million

• West Coast Depression: West Coast investment slipped to less than 10% of total capital committed to cleantech at $41.0 million, the lowest recorded quarter for the region since Q4 2002

• Energy Continues to Dominate: Q3 energy related investment increased 32.5% from Q2 capturing 59% ($251 million) of total cleantech investment, 38 of the 69 Q3 investments were energy related

• Water and Materials Doubles: Water Purification and Management ($61.5 million) and Materials Recovery and Recycling ($29 million) both saw increased investments increasing more than 50% respectively

• Materials and Nanotechnology Falter: Investment in materials and nanotechnology declined to $28.7 million in investment over only eight investments

• Environmental IT Slow to Build on 2004 Growth: With one Q3 deal, only 5 investments have been made in the sector in 2005 for a total of under $20 million combined, after a total of $60.3 million was invested into the category in 2004