Your SlideShare is downloading. ×
0
Cleantech – an investment trend in its infancy? <ul><li>TBLI  Europe </li></ul><ul><li>November 13, Amsterdam </li></ul>Ri...
Cleantech is way broader a theme than just energy Typically Ubiquitous Global Applications <ul><li>CLEANTECH   encompasses...
Cleantech Group – accelerating the next wave of innovation Upcoming, entrepreneurial companies  Investors (VCs, angels, et...
Cleantech Group – accelerating the next wave of innovation Upcoming, entrepreneurial companies  Investors (VCs, angels, et...
Cleantech Group – helping the whole ecosystem accelerate Upcoming, entrepreneurial companies  Investors (VCs, angels, etc....
Cleantech Group – some of our Global Supporters and Advisors
<ul><li>Around the cleantech innovation world…. </li></ul><ul><li>… the big picture in numbers and charts  </li></ul><ul><...
Cleantech has fast developed into a VC category Top 6 U.S. Venture Capital Industries, Percent Change 2001 to 2007 Source:...
Global Venture Capital - still seeing strong growth….Q4 will be fascinating <ul><li>3Q08 all-time record quarter: $2.2B+ <...
Energy Generation technologies dominate the volumes of VC cleantech investments…
..with Solar, since 2006, dominating the big bets of global VC
Biofuels are still in transition from 1 st  generation…
… to second generation (cellulosic ethanol and algae)
Algae is the new ‘hot’ sector in biofuels
Transportation remains steady (incl Batteries) <ul><li>Q4 ’07 ‘distorted’ by $200M in Better Place </li></ul>
Breakout for Smart Grid? <ul><li>Market catalyst: grid companies responding to pending introduction of EV’s? </li></ul>
Agriculture is attracting more attention…
Recycling and (especially Plastics Recycling) plays are increasing
While water (arguably) remains underinvested
And investment in Green Building technologies remains a disappointment for us -  Q2 ‘08 looks like it might be a blip
<ul><li>Around the cleantech innovation world…. </li></ul><ul><li>… the big picture in numbers and charts  </li></ul><ul><...
The US has a (venture) capital advantage, not an innovation advantage…
… Europe holding its share in number of deals
Cleantech in Europe needs to be looked at area by area…
Energy Generation still the Focus of European Cleantech VC
But there are early indicators that Cleantech will increase its diversification outside of Energy Generation <ul><li>Manuf...
Q3 2008 in Europe – how long will it hold the record?
<ul><li>A healthy rear-view…. </li></ul><ul><li>… what about the front-view?  </li></ul>
Cleantech investment – where are we, where are we heading?  <ul><li>2002-06 – the pioneering  </li></ul><ul><li>Small numb...
Challenges on the Road Ahead for Cleantech (venture) investment  <ul><li>Going Beyond VC  </li></ul><ul><li>Creating Innov...
Thank You! Join the Cleantech Network™ Access our services. Profit from accelerating the next wave of innovation See You A...
Upcoming SlideShare
Loading in...5
×

Growing Investments in New Clean Technologies, But Do They Match Customer Demand?

1,891

Published on

A presentation by Richard Youngman at TBLI CONFERENCE EUROPE 2008.

Published in: Economy & Finance, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
1,891
On Slideshare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
109
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • Transcript of "Growing Investments in New Clean Technologies, But Do They Match Customer Demand?"

    1. 1. Cleantech – an investment trend in its infancy? <ul><li>TBLI Europe </li></ul><ul><li>November 13, Amsterdam </li></ul>Richard Youngman, MD Europe, Cleantech Group
    2. 2. Cleantech is way broader a theme than just energy Typically Ubiquitous Global Applications <ul><li>CLEANTECH encompasses knowledge-based technology products/services that : </li></ul><ul><li>Provide superior performance at lower costs. </li></ul><ul><li>Greatly reduce or eliminate negative ecological impact . </li></ul><ul><li>Improve the productive and responsible use of natural resources. </li></ul>Doing more with less ENERGY : Includes Energy Generation, Energy Storage, Energy Infrastructure and Energy Efficiency . TRANSPORTATION : Includes vehicles design, fuels and logistics AIR & ENVIRONMENT : Includes remediation, emission control, trading and offsets, etc. RECYCLING & WASTE : Includes various recycling services and waste treatment services. WATER : Includes filtration, purification, water conservation and wastewater treatment, etc. MANUFACTURING/INDUSTRY : Includes monitoring/control appliance and smart production industries. MATERIALS : Includes environmental friendly nano, bio, chemical materials, etc. AGRICULTURE : Includes land management, natural pesticides, natural fertilizers, etc.
    3. 3. Cleantech Group – accelerating the next wave of innovation Upcoming, entrepreneurial companies Investors (VCs, angels, etc.) Cleantech Network™ : Introduced “cleantech” concept in 2002; provides deal flow and research products and global Cleantech Forums ™; 1500+ investor members, 5000+ Forum attendees, 17 forums worldwide, $1.3B+ raised by Cleantech Forum™ presenting companies. The Cleantech Group provides the events and information services that allow the right connections be made, for business to get done – and thus help the overall market accelerate
    4. 4. Cleantech Group – accelerating the next wave of innovation Upcoming, entrepreneurial companies Investors (VCs, angels, etc.) Buyers – corporates(procurement partnering, M&A) & public sector Cleantech Accelerator – introduced to assist corporations and public sector bodies to identify cleantech solutions and opportunities Cleantech Network™ : Introduced “cleantech” concept in 2002; provides deal flow and research products and global Cleantech Forums ™; 1500+ investor members, 5000+ Forum attendees, 17 forums worldwide, $1.3B+ raised by Cleantech Forum™ presenting companies. R&D/IP creation (universities & research institutes)
    5. 5. Cleantech Group – helping the whole ecosystem accelerate Upcoming, entrepreneurial companies Investors (VCs, angels, etc.) Advisors & service providers Buyers – corporates(procurement partnering, M&A) & public sector Capital providers (LPs) R&D/IP creation (universities & research institutes) New entrants Govt/Policy makers All players in the ecosystem are clients or prospect clients who could benefit from our services Cleantech Network™ : Introduced “cleantech” concept in 2002; provides deal flow and research products and global Cleantech Forums ™; 1500+ investor members, 5000+ Forum attendees, 17 Forums worldwide, $1.3B+ raised by Cleantech Forum™ presenting companies. Cleantech Accelerator™ : Assists corporations, investors & governments, to develop cleantech markets and opportunities
    6. 6. Cleantech Group – some of our Global Supporters and Advisors
    7. 7. <ul><li>Around the cleantech innovation world…. </li></ul><ul><li>… the big picture in numbers and charts </li></ul><ul><li>… using Venture Capital as the proxy </li></ul><ul><li>… looking at it sectorally, first </li></ul>
    8. 8. Cleantech has fast developed into a VC category Top 6 U.S. Venture Capital Industries, Percent Change 2001 to 2007 Source: Cleantech Group & Thomson
    9. 9. Global Venture Capital - still seeing strong growth….Q4 will be fascinating <ul><li>3Q08 all-time record quarter: $2.2B+ </li></ul><ul><li>2008 record ytd at $6.2B - already exceeds 2007 ($6B) </li></ul>
    10. 10. Energy Generation technologies dominate the volumes of VC cleantech investments…
    11. 11. ..with Solar, since 2006, dominating the big bets of global VC
    12. 12. Biofuels are still in transition from 1 st generation…
    13. 13. … to second generation (cellulosic ethanol and algae)
    14. 14. Algae is the new ‘hot’ sector in biofuels
    15. 15. Transportation remains steady (incl Batteries) <ul><li>Q4 ’07 ‘distorted’ by $200M in Better Place </li></ul>
    16. 16. Breakout for Smart Grid? <ul><li>Market catalyst: grid companies responding to pending introduction of EV’s? </li></ul>
    17. 17. Agriculture is attracting more attention…
    18. 18. Recycling and (especially Plastics Recycling) plays are increasing
    19. 19. While water (arguably) remains underinvested
    20. 20. And investment in Green Building technologies remains a disappointment for us - Q2 ‘08 looks like it might be a blip
    21. 21. <ul><li>Around the cleantech innovation world…. </li></ul><ul><li>… the big picture in numbers and charts </li></ul><ul><li>… using Venture Capital as the proxy </li></ul><ul><li>… looking at it geographically </li></ul>
    22. 22. The US has a (venture) capital advantage, not an innovation advantage…
    23. 23. … Europe holding its share in number of deals
    24. 24. Cleantech in Europe needs to be looked at area by area…
    25. 25. Energy Generation still the Focus of European Cleantech VC
    26. 26. But there are early indicators that Cleantech will increase its diversification outside of Energy Generation <ul><li>Manufacturing/Industrial doubled , led by UK Metalysis €20M and France Bionersis €20M deals. </li></ul><ul><li>Materials quadrupled , driven by UK Plastic Logic €76M deal. </li></ul><ul><li>Recycling & Waste more than tripled , led by Germany Sic Processing €53M deal. </li></ul><ul><li>Transportation up 9X , dominated by Norwegian Think Global €44M deal. </li></ul>
    27. 27. Q3 2008 in Europe – how long will it hold the record?
    28. 28. <ul><li>A healthy rear-view…. </li></ul><ul><li>… what about the front-view? </li></ul>
    29. 29. Cleantech investment – where are we, where are we heading? <ul><li>2002-06 – the pioneering </li></ul><ul><li>Small number of small cleantech funds struggling for recognition. A ‘club’ feel. </li></ul><ul><li>Plenty of ‘cleantech’ deals done by others, but not necessarily thought of as ‘cleantech’ </li></ul><ul><li>2007-08 – the first golden age of cleantech investment </li></ul><ul><li>Perceptions change as to the nature of the challenges and who it impacts. Record levels of deals done, driven by high oil/commodity prices & legislation. </li></ul><ul><li>High levels of (cross-border) collaboration. </li></ul><ul><li>Lots of new money enters the space – we have counted over 400 unique investor entities who have invested in at least one cleantech company in Europe in the last 18 months alone – angel funds, family offices, VC funds, CVCs... </li></ul><ul><li>2009 –10 - beyond the credit crisis </li></ul><ul><li>Drivers are still there but expecting to see investors pull back, not pull out – part, a psychological impact and part a reaction to the needs of portfolio companies </li></ul><ul><li>Some great opportunities for early-stage investors? Valuations down? Lots of waste and inefficiency within current processes and industrial technologies </li></ul><ul><li>Leadership in Copenhagen – an important signal? Creating markets, incentives, price signals, standards, to stimulate purchasing behaviour </li></ul>
    30. 30. Challenges on the Road Ahead for Cleantech (venture) investment <ul><li>Going Beyond VC </li></ul><ul><li>Creating Innovations and Linkages in Debt and Equity Markets - Project Finance, Private Equity, Leasing, Carbon Credits, etc. </li></ul><ul><li>Going beyond Energy Generation. </li></ul><ul><li>Changing perceptions as to the nature of the challenges and who it impacts </li></ul><ul><li>Going Beyond Developing Technology (less push, more pull) </li></ul><ul><li>Building big-small business partnerships (JVs, licenses, R&D, marketing alliances, pilots and demos, test centres, etc.) – corporate friends or foes? </li></ul><ul><li>Innovating with new business models not just technology (e.g. Better Place) – threats and opportunities for incumbents </li></ul><ul><li>Public organisations can lead the way in their own procurement </li></ul><ul><li>Driving Down Cost!!! </li></ul>
    31. 31. Thank You! Join the Cleantech Network™ Access our services. Profit from accelerating the next wave of innovation See You At:   Cleantech Forum XX Shanghai * December 3-5 2008 Cleantech Forum XXI San Francisco * February 23-25 2009 Cleantech Forum XXII Copenhagen * April 28-30 2009 www.cleantech.com richard.youngman@ cleantech.com
    1. A particular slide catching your eye?

      Clipping is a handy way to collect important slides you want to go back to later.

    ×