The companies on our advisory board are committed to a resource-efficient future. As influencers and leaders, they act on that commitment by putting their resources behind opportunities in sustainable innovation. They also join us at our global forums, share expert insight on emerging themes and offer guidance on the innovations and ideas we explore in our research. We currently have two Advisory Board groups, North America and Europe & Israel.
If you would like to join one of them, please get in touch.
North America Board Members
BDC Capital offers a wide range of risk capital solutions to support cleantech companies. It’s Industrial, Clean and Energy (ICE) Technology Venture Fund tailors its investments towards highly scalable, capital light, late seed and Series A stage companies deploying software, scalable hardware and novel materials innovation to build global companies to be commercial successes. For later stage firms, BDC’s Cleantech Practice provides both flexible loans and equity to help high potential cleantech firms scale and expand.
Chrysalix Venture Capital
Chrysalix is one of the longest serving cleantech venture capital firms investing in breakthrough sustainable innovations for energy intensive industries. The firm provides early-stage financing, hands-on assistance, and strategic connections to innovation companies confronting the world’s most important energy and environmental issues. Chrysalix is consistently ranked among the most active cleantech venture capital firms and is a member of the Chrysalix Global Network (CGN), a premier alliance of independent clean energy VC firms with offices in North America, Europe and Asia. Founded in Vancouver, Canada in 2001, Chrysalix has one of the strongest investment teams in cleantech, and is backed by more than 20 international blue chip industrial and financial investors. For more information, please visit chrysalixevc.com.
Cycle Capital Management
A pioneer among Canadian venture capital funds focused on the clean-tech sector, Cycle Capital Management invests in companies developing and commercializing clean technologies and striving to reduce greenhouse gas emissions, optimizing resource use, and improving process efficiency throughout a product’s life cycle.
With assets under management of $230M, Cycle Capital Management, invests in Quebec and North America. Cycle Capital Management, based in Montreal with an office in Toronto and presence in New York, Seattle and Qingdao in China, regroups seasoned investment professionals, strategic advisors and industrial partners with in-depth knowledge of the sector. Cycle Capital Management has a special relationship with its strategic partners, notably Brookfield Renewable Energy, Rio Tinto Alcan, Cascades, Group M3, Lonza, Gaz Métro, Systemex Énergies, Aluminerie Alouette, and Hydro-Québec. For more information on Cycle Capital Management visit: cyclecapital.com.
EnerTech Capital is a private investment firm focused on innovation in the energy and power industries: mid-stage companies that offer products or services that dramatically improve the profitability of producing or consuming energy. Founded in 1996, the firm has managed approximately $500 million and has delivered 36 exits. EnerTech Capital is currently investing out of its fourth fund and has offices in Philadelphia, Toronto, Montreal, Calgary and San Francisco.
Engie New Ventures
ENGIE (formerly GDF SUEZ) is a global energy player and an expert operator in the three businesses of electricity, natural gas and energy services. The Group develops its businesses on a model based on responsible growth to take on the major challenges of energy’s transition to a low-carbon economy: access to sustainable energy, climate-change mitigation and adaptation, security of supply and the rational use of resources. The Group provides individuals, cities and businesses with highly efficient and innovative solutions largely based on its expertise in four key sectors: renewable energy, energy efficiency, liquefied natural gas and digital technology.
In May 2014, ENGIE launched ENGIE New Ventures, a corporate venture fund to place strategic investments into cleantech startups. The fund, now at €150 million, is part of ENGIE’s endeavor to innovate and develop new business in the rapidly changing energy sector. In September 2015, ENGIE New Ventures opened San Francisco office, completing six investments to date in North America.
Marathon Capital is an investment bank focused on the global power and infrastructure markets. Our mission is to provide deep expertise, scale, experience and talent to help maximize our clients’ strategic and financial objectives.
Founded in 1999, Marathon Capital has been involved in many pivotal energy transactions and company expansions in the areas of M&A, capital raising, project financing, tax equity and financial restructuring. We serve developers, investors and sponsors in jurisdictions around the world. The firm is headquartered in Chicago, with additional offices in San Francisco, New York and a representative office in Canada.
Marathon Capital conducts investment banking through its various licensed entities around the world including FINRA in the US and OSC in Canada where the firm operates as an Exempt Market Dealer.
PIVA is a Silicon Valley based venture capital firm investing in visionary entrepreneurs to solve the world’s critical problems in industrial and energy space through breakthrough technology and innovative business models.
PIVA, the US-based corporate venture capital subsidiary of Malaysia-headquartered petroleum supplier Petronas, operates as a dedicated VC team with long-term commitment to bring new ideas and innovation to market to fundamentally shift how the energy industry works. The fund will take direct position as minority stakeholder in early to growth stage companies where we will leverage on our strong network across global energy value chain to get strong alignment and strategic fit with our co-investors and partners, and help startups leapfrog the “valley of death” towards scale and profitability.
Shell Ventures is the corporate venturing arm of Shell. Shell Ventures is focused on accelerating deployment of new technologies for Shell by acting both as an investor and development partner in technology companies that are developing promising technologies in the field of oil & gas and renewable energy. Shell Ventures invests start-up or growth capital in specific technologies that support and improve Shell’s global operations. Over the next six to eight years, Shell Ventures plans to invest several hundred million dollars in promising technology solutions that have a strategic fit with technology demands in our businesses.
Silicon Valley Bank
Silicon Valley Bank is the premier bank for technology, life science, cleantech, venture capital, private equity and premium wine businesses. Named one of the top financial services company for cleantech companies by the San Francisco Business Times, SVB provides industry knowledge and connections, financing, treasury management, corporate investment and international banking services to its clients worldwide through 28 U.S. offices and six international operations. (Nasdaq: SIVB) www.svb.com. Silicon Valley Bank is the California bank subsidiary and the commercial banking operation of SVB Financial Group. Banking services are provided by Silicon Valley Bank, a member of the FDIC and the Federal Reserve System. SVB Private Bank is a division of Silicon Valley Bank. SVB Financial Group is also a member of the Federal Reserve System.
True North Venture Partners
True North Venture Partners invests in and supports early stage businesses that have the potential to transform, expand and lead global industries. We are focused on industries such as energy, water, agriculture and waste, where the need for disruptive innovation is great and the challenges faced by entrepreneurs are daunting. Our goal is to identify exceptionally talented entrepreneurs with the vision, drive and business potential to significantly improve the world and help them realize their dreams by providing capital and expertise. Learn more at www.truenorthvp.com.
Wilson Sonsini Goodrich & Rosati
Wilson Sonsini Goodrich & Rosati is the leading law firm in the world advising enterprises devoted to development of energy and clean technologies and projects. We represent a dynamic client base that includes more than 300 emerging companies seeking to be tomorrow’s energy and resources leaders, mature energy technology and project development companies, and major public companies developing winning strategies in energy and clean technologies. We offer the energy and clean tech industry unmatched experience gained in representing high tech companies in all phases of their growth cycle. For more information, visit www.wsgr.com
Europe & Israel Board Members
Our first fund, raised in 2003, has successfully invested in20 companies in both Europe and North America and has generated substantial returns for both our portfolio companies and our shareholders. Our latest fund, Aster II, consists of over $120M of committed capital from three cornerstone investors: Schneider Electric, Alstom and Solvay Rhodia and have already made three investments. Our combined expertise and resources make Aster Capital an attractive partner with global reach and provides the fund and its investments with significant advantages. We focus on early to later stage minority investments where we can leverage the skills, assets and experience of our partners to create significant value in promising technologies. Generally acting as a lead or co- lead investor, Aster Capital is highly involved in its investments to enhance their successful growth. Aster Capital is focused on innovative technologies and business models within the fields of Energy and the Environment. Within those fields, topics of interest include clean energy, energy efficiency, sustainable management of resources, human comfort & security, ecological mobility and smarter infrastructures. Aster Capital is managed by eleven seasoned and dedicated multi national professionals and has offices in France, China, Japan, Israel and the United States.
Capricorn Venture Partners
Capricorn Venture Partners is an independent European manager of venture capital and equity funds, investing in innovative growth companies with breakthrough technologies in Cleantech, Life Sciences, Biotechnology, IT and Materials Sciences. Capricorn’s 6th venture capital fund, Capricorn Sustainable Chemistry Fund (CSCF), captures growing opportunities emerging from wave of innovation across the value chain, from renewable feedstocks to more sustainable solutions for everyday products in food & feed, fibers & fuels, and functional materials in a broad range of applications, that provide both performance and value, while protecting and enhancing human health. As the world is facing the growing challenges of climate change, the number of breakthrough, innovative solutions to reduce greenhouse gases (GHGs) will increase rapidly. CSCF is uniquely positioned to help develop sustainable alternatives that offer significant reduction in GHG emissions, as compared to existing petrochemical processes. The objective of the CSCF is to create shareholder value through financial return, combined with the sustainability impact of planned investments.
The Carbon Trust is a mission driven organisation that accelerates the move to a sustainable, low carbon economy. We provide insights that support better decisions, we design and manage collaborations to overcome financial and behavioural barriers, and we recognise achievement through certification of outcomes. We help develop and deploy clean technologies and solutions through our investment and innovation activities. We have invested more than £50 million in early stage clean tech ventures leveraging more than £300 million of co-investment. We have established joint ventures to unlock sustainability opportunities. We work with a wide range of corporate and government customers internationally on their clean tech innovation activities. We have assessed over 3,500 clean tech ventures and projects and supported more than 350 of them. For more information, please visit www.carbontrust.com.
Demeter Partners is an independent management company dedicated to environmental and energy transition investments, which include water, waste, recycling, site remediation, renewable energies, energy efficiency, green transportation, etc.
We manage above €400m via innovation, growth and infrastructure funds. Funds sponsors are BPI France, IFP Energies Nouvelles, Crédit Coopératif and Caisse des Dépôts. Other LPs are European institutional investors and corporates.
For the last decade, Demeter Partners has financed more than 70 SMEs and projects. Read more at www.demeter-partners.com.
Idinvest Partners is a leading pan-European mid-market private equity firm. With €3Bn under management, Idinvest Partners is active across different segments, including direct investments (growth equity, venture capital, and LBO), mezzanine, secondary transactions, and primary commitments to funds. Founded in 1997, Idinvest Partners was a subsidiary of Allianz until May 2010, when it became independent. Thanks to the support of Idinvest Partners, many companies have been able to grow and succeed globally. Recent success stories include Converteam (sold to General Electric), Zealand Pharmaceuticals (IPO on NASDAQ OMX), Dailymotion (sold to Orange), or Kwik Fit (sold to Itochu Corporation).
IP Group is a leading intellectual property commercialisation company which focuses on evolving great ideas, mainly from its partner universities, into world-changing businesses. The Group has a strong track record of success and its portfolio comprises holdings in approximately 80 early-stage to mature businesses across four main sectors — Biotech, Cleantech, Healthcare and Technology. IP Cleantech finds, funds and builds outstanding, science-based businesses that mitigate the impacts of climate change and other environmental challenges. IP Group is listed on the Main Market of the London Stock Exchange under the code IPO. For more information, please visit our website at http://www.ipgroupplc.com.
Munich Venture Partners
Munich Venture Partners (MVP) is the cleantech venture capital specialist based in Munich, and one of Germany’s largest. As an independent venture fund, MVP concentrates on investments for high-tech start-up companies with Transformative Technologies, which will fundamentally transform established value chains. The investment focus is in Europe and on a select basis, beyond. Relevant sectors include IoT, Mobility, Energy, Advanced Materials, AI, and Robotics.
MVP was founded in 2005 and is part funded by the European Union and its Competitiveness and Innovation Framework Programme (CIP). Read more at www.munichvp.com
SET Ventures invests in European early growth-stage companies that impact the future of the global energy system. SET Ventures has proven to be able to pick the future winners in the sector by value chain investing and finding the highest growth opportunities. We leverage our experience and network to actively grow companies to generate great returns. While our scope is energy related companies, our investment Priority is Smart Energy. At SET Ventures we ultimately invest in people, we support founders and CEOs who can create the energy system of tomorrow.
Swedish Energy Agency
The Swedish Energy Agency is a government agency for national energy policy issues. The Agency works for the use of renewable energy, improved technologies, a smarter end-use of energy, and mitigation of climate change. Its mission is to promote the development of Sweden’s energy system so that it will become ecologically and economically sustainable. The Swedish Energy Agency supports startup companies with financing, technical expertise, market knowledge and active business development, and thus has a portfolio of well-analyzed companies in different phases.
Taylor Wessing is a full service law firm with a widely acknowledged strength in industries rich in intellectual property, based primarily in the three largest economies in Europe but also in emerging markets in Asia and the Middle East. Taylor Wessing act for private and public companies, financial institutions, public sector bodies and wealthy individuals. Clients around the world trust us to deliver success. They turn to Taylor Wessing for constructive and commercial advice, partner-driven service, integrated, tailored solutions and strength in depth. Taylor Wessing core services underpin the main areas of business activity including: corporate transactions and restructuring, finance, tax, property and construction, intellectual property, commercial contracts, employment and employee benefits as well as dispute resolution. Taylor Wessing have extensive experience of a number of industries including technology, media, life sciences, climate change, real estate and financial services.
TERRA VENTURE PARTNERS
Terra Venture Partners is a venture capital fund formed to take advantage of significant investment opportunities created by the urgent global need for clean technologies. Terra has assembled an experienced and entrepreneurial team to identify, nurture and grow Israel’s best seed and early-stage companies in several key environmental sectors. Terra invests in companies that combine high-level entrepreneurs with truly innovative technology and a focused operational plan to build solid, scalable businesses in markets of significant size. Terra usually leads the investments and takes a very active role in supporting the entrepreneurs through all the phases of the growth of the company, bringing much more than capital to the table.