Patric Gresko presents the European Investment Fund
Ecosummit TV: At ECO13 London, Patric Gresko gives an update on the cleantech activities of the European Investment Fund. Patric is the EIF’s resident Mr. Cleantech who wants to increase the support for cleantech VCs. In particular, the EIF is interested in training and funding first-time management teams as a way to grow the number of active cleantech investors in Europe. The EIF is Europe’s leading fund-of-fund with €12B of assets under management of which €3.8B go into early stage VCs. Since 2006, €280M were invested in 12 pure play cleantech funds managed by 9 fund managers (VC firms). A few more fund investment deals are in the pipeline.
Read moreMarkus Leuenberger pitches the Dutch cleantech institute ECN
Ecosummit TV: Markus Leuenberger pitches ECN at ECO13 Berlin. The Dutch research institute is based in a beautiful location in the dunes north of Amsterdam. 550 researchers and experts develop new green technologies with a strong focus on renewable energy and energy storage including Power to Gas. Recently, ECN launched a new technical due diligence service for cleantech VCs across Europe. This makes a lot of sense as many cleantech VCs don’t have sufficient inhouse competence in each of the many cross-industry cleantech markets. Moreover, the cleantech institute also helps startups during product development. A small version of Fraunhofer in Germany, ECN looks like they are equally smart and very entrepreneurial. If you need deep cleantech technology expertise, go and talk to ECN.
Read more