Clean technology venture funding nearly doubled in 2006

Newswire

By Eric Auchard SAN FRANCISCO, Feb 26 (Reuters) - Venture capital funding for environmental technologies nearly doubled to $1.28 billion in 2006, amid surging interest in tackling the threat of climate change, according to a report to be issued on Tuesday. The survey by market researcher Dow Jones VentureOne and consulting firm Ernst & Young found that venture capitalists in the United States, China, Europe and Israel boosted investments by 93.5 percent over the $664.1 million spent ...

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