Bart Markus checks the reality of cleantech venture capital
Ecosummit TV: At Ecosummit Berlin 2013, Bart Markus of Wellington Partners provides a very honest reality check of the cleantech venture capital industry. Cleantech investments have gone down, money sits very tight and it is equally difficult for startups and VCs alike to raise new capital. In fact, since 2012 Bart did not make any new investment but rather focused his money and time on his existing portfolio. Now Wellington thinks about whether they should focus on the Internet or raise a dedicated cleantech fund. Still, Bart is an optimist, loves cleantech hardware and sees light at the end of the tunnel. He recommends that startups limit the time and money needed until proof point, tap into other sources of capital and build relationships with potential acquirers early on. Watch Bart on Ecosummit TV to get the full story.
The ECO13 Berlin presentation slides of Bart are available as PDF.
Tags: Bart Markus, Cleantech Investor, Cleantech VC, Cleantech Venture Capital, ECO13 Berlin, Ecosummit Berlin 2013, Ecosummit TV, Fundraising, Smart Green Investor, Smart Green VC, Wellington Partners