Venture Investment in Clean Technology Accelerates Significantly in 2008 Despite Economic Uncertainty
National Venture Capital Association (NVCA) and PricewaterhouseCoopers
February 2009
Venture capitalists invested US$28.3 billion in 3,808 deals in 2008, marking the first yearly decline of total investments since 2003, according to the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters. Venture investments in 2008 represented an 8% decrease in dollars and a 4% decrease in deal volume from 2007. Investments in the fourth quarter of 2008 totalled US$5.4 billion in 818 deals, the lowest amount of dollars invested since the first quarter of 2005 and a 26% drop from the US$7.3 billion invested in the third quarter of 2008.
