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Sanfrancisco:The cleantech ventures have been the attraction in 2010 and the top five venture firms closed 69 deals across North America, Europe, China and India. While Chrysalix Energy Venture and Draper Fisher Jurvetson were involved in 16 rounds of investments, Carbon Trust Investment Partners, Element Partners and Kleiner Perkins Caufield & Byers invested in 12 rounds each.
Some of the companies funded by the venture firms are ENBALA Power Networks, CoalTek, Intamac and Hara Software. The findings were a part of the recent report from the Cleantech Group. In terms of the regional segregation of the investments, North America accounted for 68 percent of the total invested, while Europe and Israel accounted for 21 percent and Asia for 10 percent.
During the second half of the year there was a noticeable increase in the share of investment taken by the Asia region, which accounted for 17 percent of all venture investment, with Europe on 23 percent and North America on 59 percent.
Asian companies raised $771 million in 69 disclosed rounds. The amount invested was 18 percent higher than in 2009, although the number of deals was about the same compared to 72 deals in 2009. The three largest deals were for: Nobao Renewable Energy Holdings, a Shanghai-based developer of ground source heat pump technology, which raised $100 million from Silver Lake; eHi Car Rental, a Shanghai-based car sharing company, which raised $70 million in a deal led by Goldman Sachs Group and also including CDH Ventures, Ignition Partners, and Qiming Venture Partners; and Korean electric car company CT&T, which raised $60 million from ELKF Investment Fund.
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