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VC Investment Up As Cleantech Sector Hits Record High
VC Investment Up As Cleantech Sector Hits Record High
U.S. venture capital (VC) investment rose to its highest point since mid-2008 during the second quarter of 2010, according to the latest data from the National Venture Capital Association (NVCA) and PricewaterhouseCoopers. Firms invested $6.4 billion in 906 deals last quarter, a 34 percent increase in dollars and 22 percent increase in deals over this year's first quarter. Slow but encouraging growth in venture returns have helped spark new investments, according to the NVCA press release. Seed and early stage received a notable boost last quarter, as did the life science industry. Meanwhile, the clean technology sector set a quarterly record for investment.
Read the NVCA press release at: http://www.nvca.org/index.php?option=com_docman&task=doc_download&gid=628.