Tuesday, August 14, 2012

VCs keen on green building companies in the Gulf


Venture capitalists (VCs) are eyeing up firms in GCC countries  as they seek opportunities for investments into new technologies and companies in the race to develop greener buildings, according to a report.
Lux Research tracked $4bn worth of investments in 160 firms since 2000 and found that of around $900m worth of investments made last year, around half ($445m) were in late-stage investments.

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