Top News

Southern California Firms Drive Surge In Electric Car Investments

A new analysis of Q1, 2010 venture capital investments finds that two Southern California companies drove a 490 percent increase in Clean Technology Industrial Products & Services for the quarter. According to Ernst & Young, which analyzed the Q1 2010 venture capital numbers from Dow Jones VentureSource, the $100M funding round of Santa Monica-based Coda Automotive and the $93M financing of Irvine's Fisker Automotive drove a huge increase in investments in the segment in Q1, up to $261.7M -- representing 36 percent of the total, quarterly financing for all clean technology firms. Clean technology investments totaled $733.3M in 72 financing round overall, according to the analysis, which was released yesterday.


 

Marketplace


 

 

Latest Headlines

Browse Issues

 
 

Keep up with all of the latest Southern California high tech news via email (it's free!)



or Cancel