Greater Washington’s clean technology ecosystem is one of the leading hubs in the country. But the region still has some catching up to do.
That’s according to a recent study from Saoradh Enterprise Partners, a Boulder, Colorado, research and venture capital firm, which ranked the 40 strongest clean tech ecosystems in the U.S. — and pegged D.C. at No. 6.
Per the rankings, the metro area sits behind the Bay Area (No. 1), Boston (No. 2), New York (No. 3), Los Angeles (No. 4) and the larger Denver area (No. 5). It’s ahead of Chicago (No. 7), Seattle (No. 8), San Diego (No. 9), Atlanta (No. 10) — and 30 other markets.
But the picture in the environmental sustainability space nationally looks a lot like that of the general venture capital arena. Clean tech companies in California, Massachusetts and New York secure 75% of U.S. VC funding, and 46% of venture-backed companies in that space are located in those three states, according to the report. Across all industries, the numbers…
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