Friday, October 26, 2007

Israeli VCs: cleantech expectations remain high

The Israel VC Indicator survey released this week says that, for the third quarter in a row, cleantech remains the favored sector for increased investment in Israel.

According to the survey (see PDF), published by Deloitte Brightman Almagor, expectations of increased cleantech transactions are high, but actual deals remain scarce. VCs point to a lack of cleantech investment knowledge and a lack of talented cleantech entrepreneurs as the top impediments to cleantech success in Israel.