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Venture Capital - Tuesday, December 19, 2006

VCs Continue To See Energy Investment Surge In 2007

The National Venture Capital Association published the results of a survey of 200 venture capitalists, conducted earlier this month, which indicates investment plans for the coming year.

VCs surveyed showed a great deal of interest in overseas markets, with more than 90% of respondents saying they plan to increase investment in China and India.

Investment in energy-related companies was projected to increase by more than 90%, while Internet and media-related investments are expected to climb about 70%. VCs also expect to see more competition from hedge funds.

The level of venture investing is expected to stay at roughly the same level as the past two years. Almost 70% of respondents expected VC investing to total between $20B and $29B in 2007 --2005 saw $27B invested, and investments during the first three quarters of 2006 totalled $25.4B.

Read - Venture Capitalists Bullish on 2007 - PDF