Bay Area dominates in cleantech investments
Bay Area takes in $1.2 billion
While overall investment into cleantech companies has fallen off by almost 50% from 2008 the Bay Area has remained at the top of the pack.
The Bay Area dominated cleantech investment in 2009, getting $1.2 billion, with Southern California coming in a distant second at $329.5 million. New England was No. 3 with $283.7 million for the year.
Energy efficiency got the most VC dollars in the cleantech arena in the fourth quarter -- $252.8 million in 22 deals, up from $133.7 million in 14 deals in the third quarter. Redwood City’s Silver Spring Networks Inc. had the biggest deal in the fourth quarter in cleantech, raising $105 million.