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1st July 2009
Venture capital investment in cleantech totaled $1.2bn in 85 deals in the second quarter of 2009, up from $836m in 59 deals in the first quarter of 2009, according to a new report.
7th April 2009
Fisker Automotive, Inc., a producer of green technology automobiles, is to receive an additional $85m in venture capital funding for the development and manufacturing of its Karma plug-in hybrid automobiles. The financing is expected to be completed this month and will be the fourth and largest investment round since the company’s inception in August 2007, Fisker said.
Potential resource scarcity lies at the heart of Virgin Green Fund's investment strategy, with a focus on promising companies across a global range of sectors, technologies and geographies.
‘We look at the convergence and overlap of the energy, water and waste sectors as key broad themes for our investment strategy and where we tend to operate, to find these companies - an area that we feel can only get bigger.'