“ The value of the Cleantech Forum for Avantium can be demonstrated best from the fact that we closed our latest funding round of EUR 30m with a lead investor we met first at the Cleantech Forum Paris 2010, where they saw our showcase presentation.”
- Frank Roerink, CFO, Avantium
About Avantium:
Avantium is a leading technology company specialized in the area of advanced high-throughput R&D. The company develops and commercializes YXY – its brand name for chemical building blocks for making green materials and fuels that can compete on both price and performance with oil based alternatives. By collaborating with leading companies in the energy and chemical industries, Avantium has demonstrated the value and commercial potential of its unique technology and knowledge. Its global customer base for its profitable R&D services and systems offering includes market leaders such as BP, Shell and Sasol. Avantium has been named to Cleantech Group’s Global Cleantech 100 list two years in a row (2010 and 2011).
How Avantium has engaged with Cleantech Forums:
Members of Avantium’s executive team:
- Attended Cleantech Forum San Francisco 2010;
- Presented in the Entrepreneur Showcase at Cleantech Forum Paris 2010;
- Presented in the Entrepreneur Showcase at Cleantech Forum San Francisco 2011; and
- Spoke on a panel at Cleantech Forum Amsterdam 2011.
Results:
- Avantium’s recent EUR 30M funding round was led by an investor the team met at Cleantech Forum Paris 2010, where Avantium presented in the Entrepreneur Showcase.
- At Cleantech Forum Amsterdam 2011, Avantium met a large chemical company and is now in discussion with that company about a large joint development agreement.
Avantium says:
“Over the last few years we have attended, participated and presented at various venues and conferences. The events organized by the Cleantech Group stand out for their quality of participants, level of discussions and presentations, and professionalism of the organization.
At each Cleantech Forum we were able to meet with and/or get introduced to high caliber investors and key opinion leaders, who proved to be very valuable for Avantium. Furthermore, being able to present Avantium in well structured showcase sessions, allowed us to make connections within the entire cleantech value chain with a broad range of companies (from start-ups to large, well established players).
The Cleantech Group has proven over time that they are committed to the cleantech sector. They have invested in building a very broad network that allows companies like Avantium to benefit from. It covers the entire market, ranging from specialists to generalists, from small to big companies, from start-ups to experienced companies, all with the same goal to help grow our industries.”
- Frank Roerink, CFO, Avantium
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