Ecosummit accelerates smart green London on 11 October 2016 at CodeNode
We believe that startups need corporates and corporates need startups. Startups need corporates as development partners, customers, distribution channels and investors to make better products and grow faster. At the same time, corporates need startups to sell new products to their customer base and survive the global competition. By connecting the companies that should be connected, Ecosummit accelerates startups, investors and corporates with a focus on smart green energy, mobility and cities. Our unique conferences are a physical marketplace enabling personal meetings and long-term relationships in a relaxed and productive atmosphere. Our next Ecosummit takes place on 11 October 2016 at CodeNode in the City of London. The agenda features 37 startup pitches and the conference will be recorded for our YouTube channel Ecosummit TV. Check out our participants, get your tickets and join us. Let’s warm up with a few innovation stories that will be elaborated at ECO16 London.
Read moreCorporate VC panel featuring Baker Botts, Inven Capital, Siemens Venture Capital and Sonnen
Ecosummit TV: Startups need corporates and corporates need startups. At ECO15 London, Tim Lafferty (Global Corporate Venturing) moderates an exciting corporate VC panel featuring Neil Foster (Baker Botts), Petr Mikovec (Inven Capital), Michael Hochholzer (Siemens Venture Capital) and Oliver Koch (Sonnen). It is a good idea to get in touch and start building relationships with corporates in the early stage of the startup. Even if corporates tend to invest at a later stage in a syndicate with financial VCs and other corporates, the strategic alignment of interests between corporates and startups is a key success factor and needs time to be elaborated well. A corporate minority investment usually doesn’t lead to an acquisition. For example, Siemens acquires around 10% of their portfolio companies and this seems to be the industry average. The contractual relationship between startups and corporates should be designed in a smart way that guarantees the strategic and operative freedom of the startup. Every line in the term sheet is flexible if experienced entrepreneurs with good lawyers sit at the table and multiple investors are interested in participating in the startup: Rights of first refusal can be negotiated out and liquidation preferences should not be higher than 1x.
Read morePedro Miranda talks about the smart green city strategy of Siemens
Ecosummit TV: At ECO14 London, our second conference at the LEED Platinum-certified Crystal, our host Pedro Miranda presents the smart green city strategy of Siemens and its key drivers. Electrification, automation and digital transformation have got a huge impact on the business of the German corporate and its customers. In fact, the digital and physical world are merging to continuously create better and more resource efficient solutions taking advantage of the latest smart technologies. Many companies are working hard to be part of the Internet of Things. According to Pedro, digital growth is exponential and the amount of data generated by humans and machines doubles every 2 years. In smart green cities, smart buildings are connected to the smart grid while the energy and data flow bi-directionally from the producer to the consumer and back to the producer. At the Crystal, Pedro and his team know everything that’s going on thanks to the omniscient building management system they put in place.
Read moreDetlef Pohl pitches Siemens Venture Capital
Ecosummit TV: Detlef Pohl pitches Siemens Venture Capital at ECO13 London. The cities of the future have to be sustainable, competitive and livable to attract the best companies and citizens. Therefore, cities need intelligent infrastructure that integrates buildings, mobility, water supply, waste management and security while minimising the carbon footprint. Siemens not only provides a myriad of new technologies for smart green cities but also venture capital and project financing for the development and deployment of such technologies. The ability to offer customised financing solutions drives the sales of smart green innovation. It’s useful to be a corporate and have a big balance sheet. As for venture capital, Siemens is an investor in the EV charging network Chargepoint that recently raised $22.6M and operates over 17.000 charging stations.
Read morePedro Pires de Miranda envisions the smart green urban future for Siemens
Ecosummit TV: Siemens is not Apple. While Steve Jobs envisioned a new HQ from outer space for 12.000 employees, Pedro Pires de Miranda just wanted a smart green city technology showcase, conference centre, public exhibition and cutting edge sales office for the Siemens competence centre Cities. 18 months and €60M later, The Crystal opened doors in September 2012 and already upgraded more than 120.000 visitors to a new understanding of our urban future. 2 weeks ago we celebrated Ecosummit London 2013 at Siemens’ new urbanity palace.
Read moreJan Michael Hess opens Ecosummit London 2013
Ecosummit TV: Jan Michael Hess opens Ecosummit London 2013. Our 6th cleantech conference took place on 15-16 October at the Crystal, the urban sustainability HQ of Siemens in the Docklands. 150 participants came together to discuss smart green cities and to pitch new solutions and investment opportunities. The Crystal is the perfect location for Ecosummit London. Moreover, the LEED Platinum building is a role model for other corporates that want to co-invent the urban future and invest in a long-term technology showcase and marketing tool. Our highlight was the Ecomobilité Ventures Flinc deal announced at ECO13 London. After the NRW Bank O-Flexx investment, this is already the second deal facilitated by Ecosummit.
Read moreCleantech Inside Is The Future – Reporting From Cleantech Forum Europe 2012
“Cleantech inside is the future,” forecasts Sheeraz Haji, CEO of the Cleantech Group. I totally agree with Sheeraz and like to call it: sustainable by default. The next wave is pervasive cleantech and ubiquitous sustainability management that will be adopted by every company in every sector. Of course, it will take time to make it real but the good news is that there are many smart green investors, startups and corporates working on it. This was obvious at the fantastic Cleantech Forum Europe 2012 which Sheeraz and his team organised this week in Munich. Before I share some of the general challenges VCs and startups are facing, let me brief you on the strategy of the Cleantech Group.
Read moreAlexander von Frankenberg introduces High-Tech Gründerfonds, Germany’s leading Seed VC
Alexander von Frankenberg, Managing Director of the German seed VC High-Tech Gründerfonds (HTGF), presents the fund at ECO11 and shares his lessons learned during 5 years of seed funding the German High-tech startup ecosystem. HTGF makes every 2nd seed deal in Germany and currently has 18 portfolio firms in the Cleantech industry. At ECO11, 6 HTGF Cleantech portfolio companies were on stage: Entelios, Subitec, ZIM Plant Technology, Next Kraftwerke, Ecointense and Wesustain.
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