Energy: The newest VC swarming target. Kleiner Perkins leads the way.

It is a known fact that VCs “herd” – they all follow trends and all invest en masse in industries and trends. I have never heard so much alternative energy buzz in my life, not even when I attended the Environmental Studies program at UVic many years ago. Look for increasing energy related deals to be done by VCs across North America. It seems like we are experiencing a true renaissance in energy research and hopefully this will allow us to commercialize some relatively low-cost alternatives in the next 20-40 years. Here in Vancouver, BC, Canada, we have one firm that specializes in energy related companies, called Chrysalix Energy Limited Partnership, however they are mostly focused on fuel cell and related technologies.