Cleantech MoneyTreeTM Report: Q2 2014

July 2014
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Cleantech MoneyTree<sup>TM</sup> Report: Q2 2014

At a glance

Venture investment into Cleantech increased nearly 50% during the first half of 2014 compared to the first half of 2013. Much of this momentum is being driven by follow-on investment in later stage solar developers.

Quarterly highlights:

  • With $624 million in the second quarter, the sector received $1.1B in the first half of 2014, nearly 50% more than the first half of 2013. This quarter's funding represents a 71 percent increase in funding year-over-year, and a 38 percent increase in funding compared to the first quarter of 2014.
  • Deal volume, at 42 in the second quarter of 2014, increased 8 percent from the second quarter of 2013.
  • Average deal size was $16 million in the second quarter of 2014, an increase of 40 percent year-over-year.
  • The largest increases in year-over-year subsector funding were in: Transportation (increased 30,972% to $39 million*), Wind and Geothermal (increased 2,458% to 22 million*), Solar Energy (increased 585% to $265 million), and Water and Waste Management (increased 148% to $138 million).
  • At $330 million, Silicon Valley received the most funding of any region in the second quarter of 2014, accounting for nearly 53% of total Cleantech funding.

*In Q2 2013, $0.125 million was invested in Transportation and $1 million was invested in Wind & Geothermal.