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The Greening of Venture Capital: Clean Technologies Could Be the Next New Thing

December 11, 2004 /

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With surging demand for renewable energy, clean tech has emerged as one of the hottest new investment sectors. By Roddy Scheer

In the wake of the dot-com bust, forward-thinking investors have been in search of the next big thing to revolutionize the economy while lining their own pockets. Many venture capitalists seem to be banking on the so-called “clean tech” sector — start-ups committed to sustainable practices and products, embracing such industries as alternative energy generation and water purification. Clean-tech companies are also emerging in the sustainable agriculture, manufacturing and transportation sectors. Today, the deals are flowing as both individual “angel” investors and well-established venture capital (VC) funds are vying for their piece of “clean tech.”

Source: E/The Environmental Magazine

Full Story: http://www.greenbiz.com/news/reviews_third.cfm?NewsID=27490

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