Financial Times FT.com

Investment boost for ‘clean’ start-ups

By Jonathan Guthrie, Enterprise Editor

Published: January 15 2008 02:17 | Last updated: January 15 2008 02:17

Venture capital investment in clean technology businesses rose sharply in 2007, reflecting political and consumer support for a greener economy.

The sum invested in fledgling UK companies working on environment-friendly breakthroughs climbed from £103m ($201m) to £227m, according to data company Library House. Similar growth occurred across Europe, where funds committed to clean technology start-ups jumped from €317m (£241m) to €712m.

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