Adventurous VC for global PV
Venture Capital review: Raj Prabhu, cofounder and CEO of Mercom Capital Group, assesses solar funding so far in 2013, noting that improved market conditions pushed solar project funding and M&A activity to record levels.
Venture capital (VC) funding showed slight improvement in the third quarter of 2013, totaling $207 million in 28 deals compared to $189 million in 19 deals last quarter. However, VC funding levels have dropped in the last five consecutive quarters, reflecting market conditions. Technologies have matured and the markets have picked a winner, at least …
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