Slight Surge in VC Funding for Smart Grid with $65 Million in Q3 2013
Smart Grid sector sees rare IPO
October 21, 2013
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Smart grid venture capital (VC) funding in Q3 2013 totaled $65 million in 12 deals compared to $50 million in 10 deals in Q2 2013. VC funding in the sector has remained flat at this level over the last eight quarters, with the exception of Q3 2012 when $238 million was raised. Total corporate funding in the sector was $129 million, including the $64 million raised in an IPO.
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Utsav Sinha
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