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Greentech Media Inc., the industry-leading online media company covering green technology news and analysis, released the most recent quarterly data showing that venture capital investment in green technologies exceeded $2.5 billion in the fourth quarter of 2008, a modest decrease from the previous quarter’s total of $2.9 billion.

“Greentech VC investors remain optimistic on this sector and still have faith in the VC model. Investors continue to fund early stage deals as well as later stage deals,” said Eric Wesoff, Senior Analyst at Greentech Media. “At least 30 of the 115 deals this quarter were seed stage or A rounds.”

“VCs are now digging deep in the greentech sector and looking outside traditional technologies at previously underinvested areas like energy storage, energy efficiency, recycling, water, cleaner coal and green IT,” he added.

Greentech Sector                   Total Q4 VC Funding    Number of Deals

   Solar                                  $1,335.9M+                 29   Ethanol, Biofuels, Gasification          $358.55M                 18   Wind                                       $218M+                  5   EE, DR and Smart Grid                     $208.5M                 11   Batteries, FCs, Energy Storage           $101.55M                 14   Energy Project Development                   $96M                  2   E-Waste and Recycling                      $74.8M                  7   Green IT                                  $37.3M+                  7   Automotive and transportation             $29.03M                  4   Green Agriculture                            $25M                  2   Lighting                                  $23.9M+                  7   New Coal Tech                                $9M+                  2   Misc. Greentech                             $8.6M                  2   Green Buildings                             $4.0M                  1   Geothermal                                  $3.5M                  1   Environmental Technology                    $3.9M                  2   Water                                       $1.5M                  1           Q4 VC Totals                       $2540M                115

   Source: Greentech Media

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