CleanTech Venture Investments Total $2 Billion In Q2, Exits Reach More Than $8 Billion

Clean technology remains one of the hottest areas of venture funding. In the second quarter, cleantech venture investments worldwide totaled $2.02 billion across 140 companies, according to market research firm Cleantech Group and Deloitte. The numbers are in line with last quarter's $2.04 billion, but 43% higher than one year ago. Exits for the quarter totaled more than $8 billion globally, with $6 billion in cleantech M&A and $2.3 billion in cleantech IPOs. Tesla 's $202 million IPO has been in the spotlight recently, but globally, the cleantech IPO market is concentrated in China, which grabbed $1.7 billion, 75 percent of the $2.3 billion raised worldwide in the past three months, and 12 of the 19 IPOs, though not all of those are venture backed. The biggest IPO of the quarter was China's Origin Water on the Shenzen Stock Exchange, which raised $330 million. As a point of comparison, in the U.S. alone, IPOs across all sectors totaled $900 million in the second quarter.