European Cleantech Investment Dips, U.S. Sees Upward Trend

Nov 13 2006 | 9:41am ET

Cleantech Venture Network released a report today showing that European venture capital investing in cleantech dipped in the third quarter to $144 million (€184 million), down from $268 million (€343 million) the previous quarter.

By contrast, quarter-by-quarter cleantech investment in North America has been rising steadily, with nine consecutive quarters of growth. According to the report, general partners in North America have faced far fewer hurdles in their efforts to raise cleantech funds, but they have been stymied by a lackluster IPO market.
 
In Europe, the energy segment led the way for growth with $77 million (€99 million) followed by $35 million (€45 million) invested in the clean manufacturing and industrial segment and $16 million (€20 million) in clean Agriculture & Nutrition companies.

Year-to-date venture investment in European cleantech has reached a total of $533 million (€682 million) compared to $652 million (€835 million) at the end of Q3 2005, a 18% decrease.

Energy investment has accounted for $405 million (€518 million) compared to $531 million (€680 million) for the same period of 2005, a 24% decrease.

Over the past two years, European cleantech venture investments have varied quarter by quarter but venture investing has showed an overall upward trend. The larger quarters often include later-stage investments into companies preparing to go public. The choppy investment trend also reflects capital constraints in Europe, where institutional participation in the European cleantech private equity space is less than their North American counterparts.


In Depth

Q&A: Neil Azous Talks Global Macro Investing

Nov 24 2014 | 12:41pm ET

Neil Azous is the founder and managing member of Rareview Macro, an advisory firm...

Lifestyle

Griffin Selling Chicago Apartment

Nov 26 2014 | 11:40am ET

Citadel Investment Group’s Kenneth Griffin is making clear to his estranged wife...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.