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Cleantech Rebrands as ‘Smart City’ to Attract Venture Dollars

The sector is seeking a VC revival after the solar power flop in the 2000s.
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Vinod Khosla on Investing in Clean Tech

After years as a venture capital pariah, cleantech startups are rebranding themselves to capitalize on the quest to build a smart city.

Cleantech companies, whose missions are broadly linked to environmental improvement, are benefiting as municipalities around the world embrace smart cities—where internet-connected devices collect data that can be used to address challenges from energy efficiency to traffic, crime and public health.