- Services
- Solutions
- Cleantech Forum events
- About us
- Contact us
Despite that it accounts for 3 percent of global emissions, shipping has largely been exempt from emission reductions requirements to date.
The lack of interest in reducing emissions from shipping has also been expressed in the venture capital community. Germany-based SkySails – a maker of towing kite propulsion systems for today’s modern maritime shipping industry – received $10.3 million of venture capital funding way back in 2006. California's KiteShip, pursuing a similar idea, won an award at the California Cleantech Open, also in 2006. Since then SkySails, in particular, has been making gradual commercial progress.
Interesting nuggets remain to be found in last quarter's cleantech venture data.
For instance, as a percentage of early stage deals done in last quarter's cleantech venture data (3Q09), alternative energy ventures—in particular solar, followed by energy efficiency and materials—received the largest share of early stage venture deals done.
This tells us a few things when compared to this quarter’s main investment trends:
Services
Solutions
Cleantech Forum events
About us
Contact us