With $521 million in the fourth quarter, the sector received $2.0 billion in 2014, 39 percent more than 2013. This quarter's funding represents a 25 percent increase in funding year over year, and a 29 percent increase in funding compared to the third quarter of 2014.
Deal volume, at 44 in the fourth quarter of 2014, increased 16 percent from the fourth quarter of 2013.
Average deal size was $11.8 million in the fourth quarter of 2014, increasing 8 percent year over year.
The largest increases in year-over-year subsector funding were in: Solar Energy (increased 267 percent to $291 million), Agriculture & Bioproducts (increased 1,181% to $78 million), Energy Efficiency (increased from $0 to $35 million), and Wind & Geothermal (increased 458 percent to $6 million).
At $269 million, Texas received the most funding of any region in the fourth quarter of 2014, accounting for over 50 percent of total Cleantech funding.