California champions cleantech venture capital funding
California was responsible for raising 57 percent of all cleantech venture capital funding nationwide last year, totaling $2.8 billion, according to a recently released analysis from Ernst & Young, as reported in the Los Angeles Times.
“It’s a good indicator of the innovation that can be found here and of the opportunities available in California,” Mark Sogomian, an Ernst & Young partner and leader of the Los Angeles cleantech group, says in the article. The state has that “secret sauce that allows companies to grow and develop and gain capital.”
This entry was written by Ashton Uytengsu, posted on February 21, 2012 at 1:53 pm.
Tagged with: accounting firm • cleantech • cleantech venture capital • ernst & young • Jay Spencer • LA Times • Mark Sogomian • Ronald White