Where are they now: Global Cleantech 100 Edition
In this edition of ‘Where are they now?’ we tackle alums of our annual Global Cleantech 100 list. It will be just as much fun as the child stars edition, without the horrible haircuts. Where are the companies that have been featured on past GCT100 lists? Who has made it big with a successful exit? Who had a fire sale acquisition or bankruptcy? Who might be on this year’s list? For a full list of the 2010-2013 lists, check out past reports.
Who has exited since being on the 2013 GCT100 list? Three companies, Marrone Bio Innovation and Opower each had an IPO, with Marrone’s happening after it was picked for the list but before the list went public. NovaLED, Nest, and NanoH2O were each acquired, by Samsung, Google, and LG Chem, respectively. Past GCT100 honorees exiting this year include Hara, which was acquired by Verisae, as well as PowerSense, which was acquired by Landis+Gyr. McPhy Energy also debuted on Euronext Paris.
Unfortunately, some companies from the 2013 GCT100 list did not have such a great year. Azzurro Semiconductors, a GCT100 2013 company, declared bankruptcy in April 2014. Likewise, past honorees Alta Devices, Fisker Automotive, and Xtreme Power were each acquired in fire sales.
The (Opposite of) Ugly
Since being named a GCT100 honoree in 2013, a number have companies have announced exiting projects. Airbnb, Sunrun, BlaBlaCar, Sungevity, Lanzatech, and Avantium each raised $50mm+ rounds from the likes of Coca-Cola, Siemens, Mitsui, E.ON, and GE. Ambri added Raytheon as a partner and raised $35mm. Lucibel and ChargePoint both inked deals with Schneider Electric. Desalitech signed an MOU with Veolia.
And that is just a few of the many partnerships happening with GCT100 2013 alums. Will these announcements impress the judges and get them on the 2014 list? Will there be dark horse companies sweeping in to make the list? Join us at the Global Cleantech 100 event in either Washington DC or London in October to find out!