Cleantech Venture Investment Soared in 2007—Bay State a Distant Second to California
Robert Buderi2/29/08Comments (1)Follow @bbuderi
(Page 2 of 2)
Source: All data is from VentureSource, except information in italics, which has been partly or wholly filled in by Xconomy.
State Rankings by Dollar Value
1) California—$1.3 billion
2) Massachusetts—$273 million
3) Washington—$175 million
4) New Mexico—$130 million
5) Texas—$101 million
State Rankings by Deal Number
1) California—66
2) Massachusetts—11
3) Colorado—8
4) Washington—8
5) New York—7
Top Areas of Cleantech Investment
| Sector | Investment Size | Deals |
| Solar | $693 million | 27 |
| Transportation | $311 million | 6 |
| Biofuels | $265 million | 17 |
| Power & Efficiency Management | $163 million | 11 |
| Agriculture | $128 million | 6 |
| Natural Gas | $120 million | 3 |
| Fuel Cells | $98.5 million | 8 |
| Energy Efficiency Products | $93 million | 13 |
| Construction | $80.5 million | 6 |
| Batteries | $76 million | 5 |
New England’s 10 Biggest Cleantech Deals
GreatPoint Energy, Cambridge, MA—$100 million
Boston-Power, Westborough, MA—$45 million
Konarka Technologies, Lowell, MA—$45 million
A123 Systems, Watertown, MA—$40 million
Premium Power, North Andover, MA—$21 million
Lilliputian Systems, Woburn, MA—$20 million
Advanced Electron Beams, Wilmington, MA—$17.5 million
Unnamed company, Plymouth, MA—$15 million
groSolar, White River Junction, VT—$10 million
Ze-Gen, Boston—$5.65 million
Second Wind, Somerville, MA—$4 million
Bob is Xconomy's founder and editor in chief. You can e-mail him at bbuderi@xconomy.com, call him at 617.500.5926, or follow him on Twitter at http://twitter.com/bbuderi.
Greentech Media: Green Light » Blog Archive » The Morning Feedstock
2/29/08 9:30 am
[...] Greentech VC numbers are in for 2007. Global figures jumped 43 percent from 2006 to $3 billion. The U.S. made up $2.5 billion of that, bouncing nearly 80 percent from 2006. Deal volume in the U.S. was up 54 percent, accounting for 8 percent of all U.S. VC money. Once again, the Bay State’s booming salted cod and pilgrim shoe innovation market took a distant second to California, raking in $273 million compared to $1.3 billion for the Galactic Confederacy. [...]