According to a recent report from MoneyTree, clean technology companies accounted for more than half of venture capital investments made in Colorado during the third quarter of 2011. This is great news as companies like these are truly the key to future sustainability and prosperity.
Sundrop Fuels led the way with $35.9 million in investments followed by Boulder Wind Power with $35 million. The PriceWaterhouseCoopers and National Venture Capital Association report indicated that two other clean technology firms generated $10.7 million worth of investments.
Colorado’s clean-tech market performed significantly better in this area that the rest of the country. Nationally, 12 percent of $6.95 billion in venture capital investments went to clean technology companies, coming out to about $891 million.
Colorado’s third quarter numbers for venture capital investments were down about 24 percent from the previous quarter, but companies are still on track to receive the highest yearly amount of VC investments since 2008.
For more information, visit the Denver Post.
If you are interested in working in clean technology, Denver is the perfect destination for you. Call Preferred Properties for more information about moving to this forward-thinking city.