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The Post-Stimulus State of Cleantech VC This content requires a paid GigaOM Pro subscription

  • Thursday, January 28, 2010

U.S. cleantech investors are feeling spry in the opening season of 2010 investment if this week's news was any indication.

For Bruce Pasternack, a partner with CMEA Capital, the government stimulus funds were a welcome shot in the arm for VCs, helping them take some of the risk out of backing cleantech startups. “We have a new partners, and that’s the Department of Energy,” he said while attending the State of Clean Energy: Global Challenges and Opportunities conference this month, according to VentureBeat. But now that U.S. Department of Energy (DOE) stimulus funding has practically dried [...]

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