Investment

It’s no secret that seed and series A funding rounds are very hard to come by right now in cleantech, and perhaps for all startups. The massive VC firm, NEA, which manages around $13 billion and closed a $2.6 billion round last summer, has allocated a small amount of money for seed investing. Jon Sakoda, who was involved with funding OPower, gives an interview where says that NEA allocated about $20 million for seed investing and does investments as small as $100,000. NEA has become known for doing very large later stage investment rounds like ones at Bloom Energy and Fisker.

To read the full, original article click on this link: Hey entrepreneurs, NEA is doing seed stage investments — GigaOM Pro