--- Keith wrote: > BTW, the difference between the coasts is well worth > a longer discussion, as it pertains to development > and venture capital. I'll try to start that by pointing > to the most successful new energy VC funded project I > know of here, that being Randall Mills and BLP. He's > right across the river, in NJ. I'm scratching my > head for the west coast equivalent... Can you fill me in? > What's going on out there?
Nothing unusual: fuel cells, especially "micro"size, solar, new tek batteries, hydrogen from single-cell, but I can find no evidence of funding for any LENR project... SAN FRANCISCO, March 29, 2005-- Venture capital investment in the United States for energy-technology startup companies reached $520 million during 2004, a slight increase from the $509 million raised during 2003, Nth Power LLC, the pioneering energy venture capital firm, reported in its annual study.... The $520 million in energy technology venture capital funding was committed in 69 transactions, with an average deal size of $7.5 million per investment, compared with $6.4 million in 2003.... VC Activity by Industry Sub-Sectors: Categories with year-over-year growth were "distributed energy" up 34%, "power reliability" up 3% and "related services" up 82%.... "Within distributed energy, micro fuel cells garnered much attention, as mobile computing continues to put value on long-duration 'unplugged' power sources. As a result, fuel cell deals grew by 40%. And solar deals also attracted significant private equity investment as the solar markets jumped by 62% in 2004." ... California remained the most important state for energy-tech investments. Companies based there attracted almost $200 million in investments, or about 40% of the total energy-tech pie. Other states with energy-tech companies that raised significant capital were Massachusetts, Michigan, New Hampshire, Washington, and Colorado.... article: http://www.vcaonline.com/news/news.asp?ID=2005032909 Jones
