VC will focus on Cleantech - Kansas City Business Journal:

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“If there is an area that is quintessentialventures capital, it’s this area,” Mark Heesen said at the summigt in Atlanta. “[Cleantech] is an industry that’s in need for fundamental dramaticxfundamental change.” Cleantech, the investment du jour for the venturew industry, is a hard one to It includes a number of areas, such as materials, wind and solar. Cleantech however, can also be found in the informatioj technology andbiotech sectors. Venture capital cleantech investment in the United States hit arecordc $4.1 billion in 2008, up from $1.
4 billiomn in 2006, according to the PwC MoneyTree VC investment, however, fell 14 percent in the fourth amidst a weak exit environment. Less than 5 percent of venturw money made its wayto cleantech, a coupld of years ago, Heesen Last year, about 17 to 18 percent of VC moneyg was plowed into such While the billion-dollar solar deals get the buzz, cleantech offers an opportunit for investors with smaller check-writing too. “There are an awful lot of cleantech deals that aresmall deals,” Heesen speaking to the assembled angel investors at the InterContinentalo Buckhead. The cleantech explosion is being fueles by a public and privatesectorf interest.
“You have governments that are “we not only want change, we will help you create that changewthrough subsidizations,” Heesen said. [meanwhile], are saying they are willing to pay a littlde bit more for a better solution in the long Despitethe momentum, Heesen believes the United Stateas is playing "catch-up" with the rest of the The cleantech segment is going to producwe the next , and , Heesen “The question is...
are those companies going to be funded, and have employees here in theUniteds States, or are those goingb to be outside of the United states,” he asked “Wes may not be the center of