NewEnergyNews More: SMART GRID INVESTING UP AFTER DOWN

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    • Wednesday, November 6, 2013

    SMART GRID INVESTING UP AFTER DOWN

    Smart Grid Venture Capital Funding In Two-Year Slump

    October 23, 2013 (Up Front via Renew Grid)

    “Smart grid venture capital (VC) funding in the third quarter of this year (Q3'13) totaled $65 million in 12 deals, compared to $50 million in 10 deals in Q2'13…[according to Mercom Capital Group. That's a 30% rise…[but] VC funding in the sector has remained flat at this level over the last eight quarters, with the exception of Q3'12, when $238 million was raised…[T]otal corporate funding in the sector in Q3’13 was $129 million, including $64 million raised in what Mercom says is a rare initial public offering (IPO)…[H]ome and building automation companies received the most funding with $36 million in seven deals followed by grid optimization companies with $20 million in one deal…” click here for more

    click to enlarge

    posted by Herman K. Trabish @ 5:22 AM

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