Sectors/Cleantech/2011

Cleantech funding in 2011

European Cleantech startup funding raised during 2011.

In 2011, 18 European Cleantech companies closed 18 funding rounds and raised €110M in equity funding (excluding debt and grants). UK led by capital raised, and Industrifonden was the most active investor. Data as of 6 Nov 2026.

Equity funding

€110M

excl. debt & grants

Funding rounds

Companies

Top country

Cleantech: last three years

change vs the year before

Year	Equity	Change	Rounds	Change	Debt
2009	€105M	-47.1%	15	-6.3%	€74M
2010	€118M	+12.4%	16	+6.7%	—
2011	€110M	-6.9%	18	+12.5%	—

Rank among sectors

#12

2.9% of sector funding

Top-10 round share

96.5%

of disclosed capital

Funding by month

€ raised vs rounds, by month

Data table

	Funding	Rounds
Jan	€24M	3
Feb	€15M	3
Mar	€1.1M	1
Apr	€800k	1
Jun	€35M	2
Jul	€776k	1
Aug	€730k	1
Sep	€15M	2
Oct	€600k	2
Nov	€16M	1
Dec	€900k	1

Top countries

by € raised

Data table

	Cleantech — top countries by capital, 2011
UK	€43M
Netherlands	€32M
Germany	€23M
Sweden	€5.6M
Belgium	€4.2M
Ireland	€1.7M
Spain	€600k

Stage mix

by € raised

Data table

	Cleantech — stage mix, 2011
Growth/Late	€57M
Other	€34M
Early VC	€11M
Series B	€4.2M
Series A	€2.4M
Seed	€600k
Grant	€50k

Exits & M&A

1 Acquisition

1 exit.

Largest equity rounds

by disclosed amount, 2011

Company	Stage	Date	Amount
Avantium Technologies	Growth/Late	Jun 2011	€31M
SulfurCell	Other	Jan 2011	€23M
Amplio Group	Growth/Late	Nov 2011	€16M
MBA Polymers	Growth/Late	Feb 2011	€11M
Aquamarine Power	Early VC	Sep 2011	€7.9M
Plaxica	Other	Sep 2011	€7.0M
Sol Voltaics	Other	Jun 2011	€4.5M
NovoPolymers	Series B	Feb 2011	€4.2M
The New Motion	Series A	Jan 2011	€1.6M
Aluwave	Early VC	Mar 2011	€1.1M

View all 18 Cleantech deals in 2011 →

Top investors

most active in 2011, by deal count

Source: Tech.eu Funding Explorer · data as of 6 Nov 2026 · licence CC BY 4.0 · Methodology

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