Christian Reitberger and Jan Michael Hess chat about smart green angel investing
Ecosummit TV: We need more smart green angels in Europe. At the same time, angels should get better at co-investing in smart green startups and creating value during the holding period. With this motivation Christian Reitberger and Jan Michael Hess chat about the art of smart green angel investing at ECO15 Berlin. Christian is a VC and angel at the same time. This double role is possible as Wellington Partners stopped doing new investments in resource efficiency and, as a result, there is no conflict of interest. While many angels stay in the background, Christian gets a lot of dealflow because there is a general shortage of early stage investors and many people just know him. During the last years, he made 12 angel investments including 1 exit and 1 write-off. His active portfolio contains Romo Wind and Electrochaea.
Read moreSoren Mouritsen pitches ROMO Wind
Ecosummit TV: There are more than 350.000 wind turbines operating and there is still a lot to be done to optimise performance by harmonising the wind direction and turbine orientation in realtime. At ECO14 Berlin, Soren Mouritsen pitches ROMO Wind and explains how the iSpin technology is able to continuously measure wind direction and speed in front of the rotor, rather than behind, and correct the yaw misalignment of the turbine accordingly. This increases wind farm production by 2 percent creating a target market of 1 billion Euros. The Swiss startup has got 23 employees and is backed by Yellow&Blue, ABB Technology Ventures, b-to-v and the business angel Christian Reitberger. Existing customers include Vattenfall and EDP Renewables. ROMO Wind is currently fundraising again and interested in talking to new investors.
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