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Clean Tech Venture Capital Funding by State

Thursday, October 29, 2015 8:10:00 AM PDT | VentureDeal

Menlo Park, California  --  Venture capital database VentureDeal tracks Clean Tech startup companies receiving funding throughout North America.

VentureDeal classifies a variety of technologies as Clean Tech: water purification, green building materials, chemical remediation treatments and engine efficiency technologies.

Below is a chart showing the amounts raised for Clean Tech companies for the period January 1, 2015 to October 29, 2015, by state:


Companies based in the state of Massachusetts came out on top, raising $42.5 million during the period.

California-based companies raised $31.7 million while Florida accounted for $30 million.

Notably, Illinois-based startups raised $10.3 million coming in fourth place.

Startups based in New Jersey raised a total of $9.1 million, to round out the top five performers.

Only 12 U.S. states were represented in the results. This indicates reduced geographical distribution vs. other technology industries which tend to show fundings from 20 to 30 states.

A total of $150 million has been raised so far in 2015 vs. $223 million through the same date in 2014, a drop of 33%.

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