« Back to Home Page

VC’s Investing Millions into “Clean Tech” Start-Ups

| Friday June 24th, 2005 | 0 Comments

CleanTech.jpgAccording to Silicon Valley venture capital companies, the “Clean Tech” revolution is upon us. Clean Tech refers to companies opertaing in solar energy, water purification systems and alternative automotive fuels. Investor interest in clean-energy tech firms has jumped in the past year to over $520 million, fueled in part by escalating global demand for electricity and the rising price of oil.
“The reason we’re allocating dollars to this sector is we think we can deliver attractive returns,” said Ira Ehrenpreis, a venture capitalist at Technology Partners in Palo Alto, CA who also serves as co-chairman of the advisory board of the Cleantech Venture Network.
Read full story in the New York Times


Newsletter Signup
  1. No Comments - Be the first to comment!

Leave a Reply

  1. Please leave an intelligent comment. You are welcomed to link to your company or website, but entirely self promotional posts will be marked as spam.
There are 3 ways to comment on 3P

2. Facebook Users

Login to your Facebook account

3. Members

Register for an account or login.

Subscribe to Comments