Regretfully unable to attend the Cleantech Venture Forum in Washington, DC this week. Fortunately, Tyler Hamilton is blogging his notes and thoughts from the Forum, which is quite helpful and great to see. I definitely encourage checking out his site, both during the Forum and beyond, especially for those particularly interested in the Canadian players in cleantech.
Speaking of the Cleantech Venture Forum, the organizers -- the Cleantech Venture Network -- have announced that they are projecting that North American investors are going to put $10B of venture investments into cleantech over the next four years. That would represent continued strong growth from the estimated $1.5B in cleantech investments in 2005, and from the $7.3B that was invested over the previous 10 years. Just a further sign of the maturation of the space. Can the "cleantech is underinvested" secret be kept for just a little while longer, please? No thanks to sites like this, of course... I also found this article to be an interesting juxtaposition.
Chrysalix Energy, a clean energy venture capital firm, announced the second close of their Chrysalix Energy II fund. LPs in the fund include Delta Lloyd, WestAM, Robeco, Teachers Private Capital, The Mitsubishi Corporation, BASF Venture Capital and Shell Hydrogen LLC and other investors. Chrysalix has broadened their investment focus beyond the fuel cell and hydrogen technologies they originally targeted, while maintaining their leadership position in those investment areas.
Rob Day is a Partner with Black Coral Capital, based in Boston. He has been a cleantech private equity investor since 2004, and acts or has served as a Director, Observer and advisory board member to multiple companies in the energy tech and related sectors. Rob was a co-founder of the Renewable Energy Business Network (www.rebn.org), a non-profit organization which was acquired in 2009 by the Clean Economy Network. The views expressed on this blog are those of Rob, not necessarily the views of any of his colleagues and affiliated organizations. Contact Rob at .(JavaScript must be enabled to view this email address).
contact rob at .(JavaScript must be enabled to view this email address)
