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 4-5 June 2024.
Read moreFelix Krause pitches Milk the Sun
Ecosummit TV: Felix Krause pitches Milk the Sun at ECO13 London. Since their launch at ECO12 Berlin the German startup made a lot of progress in a very short period of time. Milk the Sun rolled out globally their online marketplace for PV systems that matches old investors (sellers) and new investors (buyers) of existing or planned PV assets by creating a so-called secondary market. More than 1 GW in PV projects looking for new investors are listed on the web-based platform. This brings liquidity to a large but intransparent market where feed-in-tariffs and investments are valid for 20 years. In January 2014, Milk the Sun raised a seed round from Gründerfonds Münsterland (managed by Ecapital) and co-investor Howaldt Energies. As Milk the Sun is cash-flow positive since 2013 we expect a lot more interest from European cleantech VCs in their next round.
Read moreAaron Best and Franka Birke present the European startup accelerator Climate-KIC
Ecosummit TV: At Ecosummit Berlin 2013, Aaron Best and Franka Birke present Climate-KIC, the European initiative to foster cleantech entrepreneurship and education. Climate-KIC runs a startup accelerator that provides up to €95K, office space and coaching to young startups in Germany, UK, France, Switzerland and the Netherlands. They also organise master classes with famous startup gurus such as Steve Blank or Alexander Osterwalder. During the Climate-KIC session, Ingo Potthof (UnternehmerTUM Fund) interviewed Alexander Zosel (E-volo), Niels Beisinghoff (Bettertaxi), Philipp Pausder (Futurewatt), Philipp von Seherr-Thoss (Milk the Sun) and Martin Burkhardt (Boxtango). If you are an early stage startup or support startups with capital or industry expertise, you should definitely join the Climate-KIC network.
Read moreFelix Krause pitches PV marketplace Milk The Sun
Ecosummit TV: Not only their name is cool but also their business model. Felix Krause pitches Milk the Sun at ECO12 Berlin. The Berlin-based smart green startup develops and operates an online marketplace for existing and planned PV systems connecting buyers and sellers. Milk the Sun’s goal is to establish solar investments as a liquid asset class that can be easily traded. There are several service providers attached to the marketplace that can help make a PV installation more effective and cost-efficient, thus increasing ROI. Milk the Sun is live in Germany, UK and Italy and looks for funding to accelerate their company growth.
Read more