The amount of money invested in alternative energy, pollution and recycling, power supplies and energy conservation grew more than 50% in 2008, according to a new report by PriceWaterhouseCoopers, the National Venture Capital Association and Thomson Reuters.
"As we emerge from an extremely difficult year, the venture capital industry is holding its own and taking steps to adjust to the new reality," said Mark Heesen, president of the National Venture Capital Association.