The clean technology sector was a lone glimmer of hope for the venture capital business through the financial crisis and ensuing recession. Quarterly updates gave positive news despite the destruction of capital elsewhere in the global financial markets. Now that the results are in for 2009, however, the outcome isn't as positive as many expected. According to data from market research firm Cleantech Group and accounting and consulting firm Deloitte, venture capital funding fell 33% last year, but still held up better than the market as a whole.
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