After experiencing a steady increase in VC funding through the first decade of the millennium, the cleantech space has seen a precipitous drop in investment over the last two years. What happened?
PitchBook explores this question and more about VC investment in the cleantech space in its newly released 2013 Venture Capital Cleantech Report. Created with data from the PitchBook Platform, this report provides a comprehensive overview of investment in the space over the last decade, examining deal flow by stage, sector and region, as well as fundraising trends, to see how investors’ tendencies are evolving.
Inside this report:
• A decline in cleantech investment has led to more attractive valuations.
• California has seen a steady decline in cleantech deals since 2009, but which states are enjoying heightened activity?
• A special feature on water-related investments and the city leading the way on water technology—Milwaukee.