Venture capital firms continuing to pour money into cleantech

The San Jose Mercury News highlights Ernst & Young’s quarterly IPO pipeline report in an article that ran on May 27. According to the story, venture capital firms are continuing to pour money into cleantech, with $1 billion invested in the first quarter of this year.
At the end of Q1, Ernst & Young listed 125 companies in its IPO pipeline representing $18.4 billion. Continuing the trend of increased activity, more PE-backed companies also entered the IPO pipeline.