Clean Tech VC in 2011: Fear of a Bubble Subsides | BNETThe future of cleantech is either ho-hum or looking slightly sunnier in 2011, depending on whether you’re talking to a venture capitalist or a CEO of a venture-backed firm, according to a new survey from the National Venture Capital Association. I guess the guys looking for money are trying to stay positive.
Still, the VC survey does reveal how start-ups in the energy sector are likely to fare next year. And it’s not all bad — it’s just not as positive as other sectors like consumer Internet, cloud computing or healthcare IT.
Fear of a cleantech bubble has subsided among venture capitalist investors, meaning they don’t expect overinvestment in the sector. If anything, it appears to have swung in the opposite direction. Only 38 percent of VCs expect to see an increase in investment in the energy sector, while 22 percent say it will stay the same as this year. That means 40 percent believe investment dollars will fall in energy.
