Investment In "Clean" Technology Start-Ups Rose Sharply 07- FT

LONDON (Dow Jones) – Venture capital investment in clean technology businesses rose sharply in 2007, reflecting political and consumer support for a greener economy, the Financial Times reports Tuesday citing data company Library House.

The sum invested in fledgling U.K. companies working on environment-friendly breakthroughs climbed to GBP227 million from GBP103 million, the newspaper says. Adding that similar growth occurred across Europe, where funds committed to clean technology start-ups jumped to EUR712 million from EUR317 million.

Newspaper Web site: http://www.ft.com

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