Electric Vehicles Top Clean Energy Venture Capital, Firm Says
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Better Place LLC, which makes charging stations for electric vehicles, led a 64 percent jump in venture capital investments in the clean technology sector during the second quarter, according to Ernst & Young LLP.
Venture capital firms invested $1.5 billion in clean technology companies in 65 financing rounds, the highest level of private funding since the third quarter of 2008, according to Ernst & Young analysis.