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BLOG - Corporate VC turns to cleantech

Michael / September 06, 2008 at 15:48 / Finance

Climate Capital Network (http://www.climatecapital.net) - More and more corporate venture capitalists, (the investment arm of corporations) are investing in cleantech startups. Large companies such as IBM, Google, Chevron, Motorola, are investing directly into the cleantech sector. According to New Energy Finance, this is one of the reasons why, total VC investment has slightly decreased, but investments in cleantech has risen by 17% from last year and 65% since 2006.