Cleantech Investment in Colorado Tops $37 Million in 3Q13

i3 Market Intelligence Platform Shows State's Year-to-Date Investment Totals at $105 Million

SAN FRANCISCO--Cleantech Group™, provider of the i3 market intelligence platform and global consulting services, today released preliminary 3Q13 results from i3. The firm reported that in Colorado, clean technology venture investment during the quarter totaled $37 million, bringing the year-to-date total to $105 million.


According to data in i3, Colorado's top deals and their investors were:

*Ciris Energy, a Conventional Fuels company, raised $25 million from Asia Pacific Capital in a growth equity round

*Ascent Solar Technologies, a Solar company, raised $7.4 million across two PIPE rounds

*TerraLUX, an Energy Efficiency company, raised $2 million from Access Venture Partners, Emerald Technology Ventures, and Generation Investment Management in a growth equity round

*Main Street Power Company, a Solar company, raised $1.9 million in a Growth Equity round

"Efficiency continues to shine in 2013, leading the cleantech sector in terms of number of deals completed. Transportation saw considerable traction in Q3 2013, thanks in large part to Uber's $258 million funding round led by Google Ventures and TPG Capital," said Sheeraz Haji, Chief Executive Officer of Cleantech Group. "Our i3 market intelligence platform reports that investor interest in software or cleanweb technologies is starting to scale, while the Agriculture and Advanced Materials sectors are making strong headway and are well-positioned to gain significant market traction in the years to come."

i3 tracks the latest deals, trends, and insight into innovation, with data for over 22,000 companies across 18 sectors. The product also allows users to identify innovation clusters around the world, drill down into taxonomy for 18 sectors, and pursue company discovery.

While the bulk of the data is only accessible by subscribers, a subset of data has recently been made available in i3.

About Cleantech Group Inc.

Cleantech Group helps clients accelerate sustainable innovation. The company's i3 market intelligence platform, which tracks over $7 billion of deal flow across 22,000 cleantech companies annually, allows subscribers to discover companies and explore resource technology trends strategically with proprietary real-time data. Cleantech Forums bring together thought leaders and innovators in the cleantech and sustainability ecosystem. The company's Advisory Services leverage expertise in designing and executing corporate strategies for sustainable growth and innovation sourcing. Details at www.cleantech.com

Featured Product

Iron Edison Lithium Iron Battery

Iron Edison Lithium Iron Battery

The Iron Edison Lithium Iron solar battery is fully compatible with popular battery-based inverters and is housed inside a rugged steel enclosure with integrated Battery Management System. Standard capacities range from 2 kWh to 42 kWh, with custom high-capacity and high-voltage models available for commercial applications like peak load shaving and UPS. The battery is designed and assembled at the company's headquarters just outside of Denver, Colorado. The Iron Edison Lithium Iron battery is an ideal replacement for lead-acid battery, with longer cycle life, smaller footprint, and maintenance-free operation. Residential applications include solar battery backup, grid-zero and off-grid energy storage. Commercial applications include high voltage battery backup, off-grid telecommunications power and peak load shaving. If you have any questions, please call us at 720-432-6433. We are happy to help!