Alexander van Os pitches Yellow&Blue
Ecosummit TV: Smart green energy is the only way to go. The energy market is changing rapidly thanks to technological and business model innovation coming from all directions. This creates a lot of investment opportunities for smart green VCs such as Yellow&Blue. Funded with €40M by the Dutch utility Nuon (Vattenfall Group), the Utrecht-based VC looks for capital efficient startups that make the energy value chain cleaner and more flexible with a focus on smart grid and energy efficiency. Alexander van Os and his partners are famous for their successful exit of Entelios to Enernoc in February 2014. At ECO14 Berlin, Yellow&Blue showcased their portfolio company ROMO Wind that optimises the performance of wind turbines and is currently fundraising again.
Read moreEnernoc buys Entelios – did this cleantech exit happen too fast?
On 14 February 2014, Enernoc buys Entelios, Germany’s demand response pioneer. The Munich-based startup was founded in July 2010 by serial entrepreneurs Oliver Stahl, Tom Schulz and Stephan Lindner. With a holding period of 3 years since the first VC investment this is definitely a fast cleantech exit. But this exit may have happened too fast given that demand response is the killer app of the smart grid, a massive global market opportunity and a capital efficient option to accelerate the Energiewende (energy transition). In the end, smart demand wins over stupid supply even though it is hard to convince all market participants. And before we forget: congratulations to the Entelios team.
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