The NYTimes parses the 2008 venture capital numbers from the NVCA and finds that while fundraising and investment were down significantly in 2008 (particularly in the 4th quarter), green technology start-ups continued to fair well in attracting venture capital investment - raising 52% more in 2008 than 2007. According to their data, this amounted to $4.1 billion invested into 277 "clean tech" start-ups in 2008. Solar/photovoltaic technology start-ups accounted for nearly half of that money - a good sign for Arizona solar companies looking to grow.
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January 27, 2009
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