Boston’s Clean Energy Ventures Raises $110M For Its First Fund

The cash will be invested in early-stage energy startups in the United States and Canada, according to a statement from the firm.

It’s really indicative not only of investors’ appetite for innovation in these sectors, but also of the new normal in which this kind of funding is possible without compromising return on investment,” CEV managing director Daniel Goldman said in a statement.

CEV has invested in at least 18 companies so far, including Boston Materials and CleanFiber, according to Crunchbase.

CEV has focused primarily in clean energy companies in the U.S., which makes sense as the firm is based in Boston and the city is a burgeoning startup hub.

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