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Venture Capitalists See the Eco-Friendly Light

LED and other cleaner, efficient options attracted $100M in first quarter of '08

By Nick McMaster,  Newser Staff

Posted May 7, 2008 8:38 PM CDT

(Newser) – Venture capitalists are swarming around firms developing LED (light-emitting diode) and similar lighting technologies beyond their current applications in calculators and cell phones, the San Jose Mercury News reports. Investors see new sources, using one-sixth of the power of incandescent bulbs, as environmentally friendly replacements...   Read full story »

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