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 moreTarja Teppo pitches Cleantech Invest from Finland
Ecosummit TV: Tarja Teppo pitches the Helsinki-based early stage VC Cleantech Invest. Their portfolio currently consists of 11 smart green startups including Savosolar, Enercomp, One1 and Swap.com. As home markets are rather small, Scandinavian cleantech startups go international very quickly and are very interested in foreign investors, partners and customers. Cleantech Invest is part of the Vigo Accelerator of the Finnish government which provides €1M grant money to early stage startups to leverage the VC investment. Tarja’s ambitious goal is to create a large evergreen cleantech fund by doing an IPO. We are proud to have Tarja as Ecosummit Advisor and look forward to promoting the best startups from the Nordics.
Read more