October 1, 2009

Clean tech beats biotech and IT

A virtual press conference yesterday from Cleantech Group and Deloitte announced that venture capital (VC) investments for clean technologies in the third quarter of this year overtook investments for (medical) biotechnology and IT.

Cleantech group defines clean technology as a diverse range of products, services and processes that are intended to reduce or eliminate negative ecological impacts while at the same improving the productive and responsible use of natural resources at lower costs and with improved performance.

Green chemistry, along with industrial biotechnology is included in their scope of analysis under "MATERIALS" although Cleantech and their partner Deloitte do not really cover these areas that much except for biofuels (pity...).

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