- 6
- September
2019
Smart green VCs you should know
There are many smart green VCs in Europe and the US that back startups in energy, mobility, buildings, cities, materials, food and circular economy to create impact as well as environmental, financial and strategic returns for their fund investors (LPs). In the VC food chain, early stage investors prefer to invest, at lower valuations and higher risk, in the Seed, Series A and Series B financing rounds of young startups working on product market fit and traction (users, customers, revenues). On the other hand, late stage VCs like shorter holding periods and time-to-exit and, consequently, advanced startups with more than €5M revenues, experienced management teams and fast growth. The existence of KPIs, ideally going up over time, makes the life of every investor easier. Facing climate change, technology revolution and global competition, the majority of corporates have adopted corporate venturing and open innovation strategies in order to invest in and do business with startups. The result are different investment strategies and sometimes competing portfolios that startups should know before pitching. Let’s co-invest and meet at Ecosummit Berlin.
Read more- 18
- May
2017
Ecosummit Berlin 2017: An ecosystem for a growing smart green startup community
275 startups and investors flocked to Ecosummit Berlin 2017 to pitch their ideas, to network and to discuss a common vision for the future. Under the motto “Smart green unicorns made in Europe”, a total of 95 speakers took to the stage – including 61 startups, all looking for funding or partners to help their ideas grow. “Our investors are all innovative, creative and share our vision,” Christoph Ostermann from Sonnen explains. “And that is very important from my point of view.” The young German company offers solar energy storage for private homes, and allows private solar energy producers to share excess energy within the so-called sonnenCommunity. Sonnen is not far from becoming a unicorn itself. “Our revenue in 2016 was 42 million euros and we increased our capital by 76 million euros last year,” says Ostermann. And while he is not currently looking to raise new capital, he loves attending the Ecosummit to meet with current investors and potential partners. “Five of our seven investors are here this year, and over the years, I initially met all five investors at Ecosummit, who ended up investing in our Series A, B, C and D.”
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