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Corporate VCs turn to cleantech start-ups

Corporate venture capitalists in the US are increasingly looking at clean technology start-up companies as the sector continues to draw investor interest.

Corporate venture capital, which comes from the investment arms of large companies rather than from traditional venture capital funds, is looking at cleantech start-ups not just as a future source of revenue but also to apply some their technologies internally, said Mark Heesen, president of the US National Venture Capital Association.

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