Clean Technology Capital (the Fund) is a planned venture capital investment fund targeting investment into clean technology developers.
The Fund will be managed by clean energy technology specialist Core Technology Ventures (CoreTec). CoreTec combines sector credibility, expertise and networks with high quality deal flow and considerable expertise in identifying, assessing, investing and exiting from world leading product developers.
Uniquely Embedded:
The Investment Team is uniquely located within the European clean technology industry, as evidenced by its Membership of the EU’s working group exploring financial instruments for European technology development and its board memberships of European clean technology associations. This enables the Team to identify developers of viable clean technologies and to exit them via its considerable industrial networks. An example of CoreTec’s industry position is its successful bid for a 3yr European Commission contract to identify and investigate Hydrogen development activity across Europe. CoreTec’s bid-partners included major industrial companies and leading European research institutes.
Target Technologies:
The team has access to the full spectrum of clean technologies being developed across Europe, including alternative fuels e.g. hydrogen, waste to energy and novel conversion devices e.g. fuel cells and renewable energy sources such as wind, solar, hydro, tidal & wave. Nevertheless, the team will focus on those technologies of specific interest to its investor/s.
Scale of the opportunity:
Clean technologies are the subject of a global development effort that is being funded with multi-billions of dollars of public and corporate-sector investment every year. This collective endeavour is focused on the mass commercialisation of a set of disruptive technologies that, by definition, will impact on the way societies both consume and produce energy in portable, stationary and automotive applications.
Market Drivers:
These include policy considerations surrounding energy security and increasingly its relationship to foreign policy, innovation & economic growth and the environment. Industry recognises that clean technologies are disruptive and as a consequence is positioning itself to manage the risks and opportunities such technologies often represent.
Investment Deal Flow:
Deal flow will stem from CoreTec’s networks plus those of its investor/s, as appropriate. CoreTec is based in both the UK and Germany. CoreTec’s network includes independent early stage developers, industrial companies, universities, technical research institutes, government agencies, venture capitalists and investment banks.
Investment Risk:
The Team recommends investing the Fund in 15-20 technology developers across a diverse range of technologies and at differing stages of commerciality viability, thereby managing investment risk according to standard ‘portfolio theory’.
Reducing Investment Cost:
The Investment Team’s technical and commercial networks enable it to screen potential investments quickly and without the need for 3rd party consultants.