NewEnergyNews More: 2013 CORPORATE MONEY GOES TO $579MIL FOR SMART GRID

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    • Wednesday, January 22, 2014

    2013 CORPORATE MONEY GOES TO $579MIL FOR SMART GRID

    VC Funding in Smart Grid Comes in at $405 Million in 2013

    January 2014 (Mercom Capital Group)

    “…Venture capital (VC) funding into smart grid technology companies came in at $405 million in 63 deals in 2013, compared to $434 million in 40 deals in 2012. Total corporate funding, including debt and public market financings, came to $579 million in 2013, compared to $506 million in 2012. There were 94 total VC investors in 2013, with 12 active investors participating in multiple deals…There was a burst of activity in Q4 2013, which netted $148 million in 31 deals. Almost half the deals in 2013 were made in the fourth quarter…There were three IPOs in 2013 (including one in the fourth quarter), raising a combined $162.3 million…” click here for more

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    posted by Herman K. Trabish @ 5:16 AM

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