Tepid Alt Energy Venture Capital Update
Cleantech Venture Network 
Sustainable energy venture capital (VC) analysis and events firm Cleantech Venture Network just posted its investment trends review for the 3Q2004. AEman notes signs of life though no stampede. Investment in AE companies in the US Northeast is strong and getting stronger, the west is declining, Europe is coming online, and the number of first round financings is declining.
Clearly AE technology remains an emerging market with the attendant fits and starts. You'll know AE's coming on strong when the VCs pick up the pace and sustain it. For now, AE investors are just dabbling, dipping their toes in the water but not ready to dive in head first. That's because the business cases aren't firm enough. Until then, we're still an old power nation with an old power economy. Hello Washington ... you can help. Washington?
posted by Andy Bochman at 9:30 AM
 
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