2011 Venture Capital Funding for Smart Grid Cut in Half
$4.6 Billion in Smart Grid M&A Activity in 30 Transactions
January 15, 2012
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Venture Capital (VC) funding in 2011 brought in $377 million in 50 deals (24 disclosed) compared to $769 million in 51 deals in 2010 (27 disclosed). The average VC funding round dropped by 50 percent in 2011 to $7.5 million compared to almost $15 million in 2010. Early rounds of disclosed funding (Seed and Series A) accounted for 16 of the 50 deals in 2011.
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Utsav Sinha
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