𝐂𝐥𝐞𝐚𝐧𝐭𝐞𝐜𝐡 𝐢𝐬 𝐚𝐭 𝐚 𝐭𝐮𝐫𝐧𝐢𝐧𝐠 𝐩𝐨𝐢𝐧𝐭. As investors in science-driven startups like infrared.city, ReCatalyst, and Rivus Batteries, we see firsthand how European innovation is reshaping infrastructure, and industry and energy. But to unlock its full potential, we need policies that match the ambition of the startups driving change. That’s why today xista science ventures joins over 100 leading cleantech innovators and investors from across Europe in an open letter calling on the European Commission to deliver an ambitious Clean Industrial Deal. The letter, addressed to Commission President Ursula Von der Leyen and relevant Commissioners, emphasizes the urgent need for action in 2025 to address Europe’s geopolitical challenges, energy costs, and intensifying global competition. 𝐍𝐨𝐰 𝐢𝐬 𝐭𝐡𝐞 𝐭𝐢𝐦𝐞 𝐭𝐨 𝐬𝐢𝐭𝐮𝐚𝐭𝐞 𝐭𝐡𝐞 𝐄𝐔 𝐚𝐬 𝐭𝐡𝐞 𝐬𝐚𝐟𝐞𝐬𝐭 𝐚𝐧𝐝 𝐦𝐨𝐬𝐭 𝐫𝐞𝐰𝐚𝐫𝐝𝐢𝐧𝐠 𝐫𝐞𝐠𝐢𝐨𝐧 𝐟𝐨𝐫 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬. As venture partner, Bernhard Petermeier aptly put: "By fostering our ecosystem through an ambitious Clean Industrial Deal, we demonstrate to the world that Europe is the foremost region for cleantech innovation and impact investment." 𝐓𝐡𝐞 𝐥𝐞𝐭𝐭𝐞𝐫’𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐜𝐮𝐬 𝐨𝐧 𝐭𝐰𝐨 𝐤𝐞𝐲 𝐚𝐫𝐞𝐚𝐬: 1️⃣𝐂𝐫𝐞𝐚𝐭𝐢𝐧𝐠 𝐚 𝐝𝐞𝐦𝐚𝐧𝐝 𝐬𝐮𝐫𝐠𝐞 𝐟𝐨𝐫 𝐜𝐥𝐞𝐚𝐧𝐭𝐞𝐜𝐡: Leveraging programs to incentivize adoption and support industry transformation to state-of-the-art cleantech. 2️⃣𝐔𝐧𝐥𝐨𝐜𝐤 𝐩𝐫𝐢𝐯𝐚𝐭𝐞 𝐜𝐚𝐩𝐢𝐭𝐚𝐥 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐩𝐮𝐛𝐥𝐢𝐜 𝐝𝐞-𝐫𝐢𝐬𝐤𝐢𝐧𝐠 𝐦𝐞𝐜𝐡𝐚𝐧𝐢𝐬𝐦𝐬: Expand EU funding and guarantees to mobilize Europe’s €38 trillion in private capital, scaling cleantech manufacturing while ensuring fiscal efficiency. At xista science ventures, we believe cleantech is about sustainability AND industrial competitiveness, innovation, and global leadership. Together, we can ensure that our startups have the support they need to thrive. 🔗 𝐑𝐞𝐚𝐝 𝐭𝐡𝐞 𝐎𝐩𝐞𝐧 𝐋𝐞𝐭𝐭𝐞𝐫 𝐚𝐧𝐝 𝐣𝐨𝐢𝐧 𝐭𝐡𝐞 𝐦𝐨𝐯𝐞𝐦𝐞𝐧𝐭: https://lnkd.in/e_8zcV3P ▶️ 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐨𝐮𝐫 𝐩𝐨𝐫𝐭𝐟𝐨𝐥𝐢𝐨 𝐨𝐟 𝐬𝐜𝐢𝐞𝐧𝐜𝐞-𝐝𝐫𝐢𝐯𝐞𝐧 𝐜𝐥𝐞𝐚𝐧𝐭𝐞𝐜𝐡 startups: https://xista.vc/portfolio #Sustainability #CleantechForEurope #ImpactInvesting #InnovationLeadership #CleanIndustrialDeal
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🌱 Cleantech: the challenge of industrialization We are proud to present the last analysis made by David Hansen, Investment Director and expert of cleantech investment, exploring the crucial role of #cleantech startups in Europe's industrial and environmental transformation. Our 3 key highlights: 📈 Significant growth: the Cleantech sector has seen equity investments exceeding €10bn annually over the last three years, public aids and financial debt significantly complement ever more capital-intensive projects; 🏆 French leadership: in 2023, France emerged as the leading country in Cleantech investments across Europe, with powerful and long term projects such as Verkor's gigafactory; 🔬 Impact of innovation: Cleantech startups demonstrate superior technical innovation and economic performance, while addressing major environmental challenges. We at Supernova Invest are deeply convinced that #cleantech is not only vital for our planet, it's also an asset class full of opportunities that drive sustainable value, with high-growing startups and cutting-edge technologies that shape the future of European industry and sovereignty. Read the full article bellow 👇 #Cleantech #SustainableInvestment #Innovation #SupernovaInvest
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🌍 Largest Fundraises of American CleanTechs in 2024 Despite a slower year for cleantech funding, several American startups in the CleanTech space have defied the odds, securing record-breaking investments and driving innovation toward a sustainable future. These companies are leading the charge in transforming energy, transportation, and carbon capture solutions, showcasing resilience and commitment to a greener tomorrow. Here are the largest fundraises in 2024: - Intersect Power, led by Sheldon Kimber: $1.827 billion - Sila Nanotechnologies, Inc., led by Gene Berdichevsky, Alex Jacobs, and Gleb Yushin 🇺🇦: $1.255 billion - Form Energy, led by Mateo Jaramillo and Yet-Ming Chiang: $1.220 billion - BETA TECHNOLOGIES, led by Kyle Clark: $1.204 billion - Ascend Elements, led by Mike O'Kronley: $1.126 billion - Pacific Fusion, led by Will Regan: $900 million - Twelve, led by Nicholas Flanders, Etosha (Eee-tah-sha) Cave, and Kendra Kuhl: $798 million - Redaptive, Inc, led by Arvin Vohra and John Rhow: $526 million - Monarch Tractor, led by Praveen Penmetsa: $214 million - Heirloom, led by Shashank Samala: $203 million The American CleanTech sector remains a beacon of innovation, tackling pressing climate challenges head-on with scalable, impactful solutions. 🌱 🔗 For a deeper dive into these transformative ventures, check out our full article (link in comments). #CleanTech #Sustainability
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At EDP, innovation is at the heart of our mission to lead the energy transition. Since 2021, we've invested nearly €600 million turning bold ideas into solutions that will help us meet our net zero ambitious goals. Through EDP Ventures, we invested 74M€ and nearly doubled our portfolio, with 40 active companies at the end of 2024. In 2024 alone, EDP has 23 internal innovation projects actively progressing and secured 11M€ in grants across 39 additional research projects. We scouted over 1.600 startups worldwide and brought together over 400 colleagues. Looking ahead to 2025, we've committed to continue leading the way in building a more sustainable future. Innovation is our power. Energy transition is our purpose. #EDPWeChooseEarth #InnovationAtEDP #EnergyTransition
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🌟 Exciting News! 🌟 On the occasion of its 10th anniversary celebrated in Munich on 20 June 2024, the CleanTech Business Club (CBC) announced a strategic partnership with Euro-Funding Europe. This collaboration aims to identify and support disruptive startups in the cleantech, clean hydrogen, and clean water sectors through CBC's start-up hub. Euro-Funding will provide guidance on European public funding strategies, while CBC will connect these startups with international investors. This partnership seeks to foster innovation, promote clean technologies, and drive the growth of sustainable business practices. Together, we aim to accelerate the transition to a sustainable, low-carbon economy by leveraging the collective expertise and influence of our members. Read more in the article by Marie Latour here: https://lnkd.in/dEHRCj4K #CleanTech #Sustainability #Innovation #EuroFunding #BusinessDevelopment #CleanHydrogen #CleanWater #GreenEconomy #Partnerships #PolicyInfluence Let's work together to shape a greener future! 🌱💡 Feel free to share your thoughts and join the conversation.
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Lately, I’ve been thinking a lot about one of the biggest challenges we’re facing in the cleantech world—getting enough funding for early-stage innovations. The Cleantech for Europe Q3 2024 report paints a pretty concerning picture: early-stage deals (Seed and Series A) have dropped by 33%, from 145 to just 97 deals, and the total investment amount is down by 50%. Meanwhile, late-stage funding (Series B and growth equity) is actually up. This imbalance makes it clear that while established startups are doing okay, those just starting out are struggling more than ever. Keep the mood up, though! It seems to me that we're in this "gap of gearing up", a moment of a breather. - There's been a lot of emphasis and pressure on the need to roll out funding instruments - early & growth - and the people behind this task are amazing for their persistence and vigorousness. - I also feel this kind of a tipping point where industry (incumbents) are at the brink of a decision, picking between either to fight against regulation or taking the ride to the future. The latter being the more expensive option today. BUT, cleantech isn't magic. It's purely a reasonable understanding of how stuff gets produced, shipped, used, utilised with minimum effort in terms of raw materials, energy, transport and end-of-life. 🤷♂️ If you've got something to add from a #founder perspective, or through the lens of a #cleantech #investor - Shoot! What does your gut say?
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#Cleantech startups are helping to advance a more #sustainable future, but their journey from concept to impact often faces significant hurdles. As these innovative ventures strive to scale their operations and bring clean energy solutions to the masses, policymakers play a crucial role in paving the way for success. In a white paper commissioned by the Bipartisan Policy Center, global consulting firm Boston Consulting Group (BCG) outlines 8 things #policymakers should know about supporting cleantech #commercialization. Download full white paper here: https://lnkd.in/eXzVKF7Q
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Interesting insights to the Nordic cleantech investment landscape available from this Tesi et al. study which was published today 👍🏽
Our joint-Nordic cleantech study is out! Here are some picks and thoughts, besides the ones in the carousel below: 📌 The some 1,600 cleantech companies identified in the study employ around 32,000 globally and in the Nordic. 📌 Last year, 24 startups received seed-stage funding compared to 59 in 2022 📌 The share of Nordic investors in cleantech financing dropped to less than 10% in 2021(a previous study by Cleantech Scandinavia) It's time to amplify our efforts and attract more funding! Thank you Ilmastorahasto - The Finnish Climate Fund, Industrifonden, Almi Invest, Danmarks Eksport- og Investeringsfond, Investinor, and Nysnø Klimainvesteringer for your cooperation. Press release and full study deck: https://lnkd.in/dWGwdUFh
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🇪🇺 The European Parliament is currently questioning Teresa Ribera Rodriguez - the Executive Vice-President-designate for a Clean, Just and Competitive Transition. If confirmed, Ribera Rodriguez will take the lead on initiatives such as: 👉 The Clean Industrial Deal 👉 Revision of Horizontal Merger Control Guidelines 👉 Developing a new state aid framework and its further simplification 👉 The implementation of the European Competitiveness Fund ….and much more. We are encouraged by the promising elements outlined in the mission letter, particularly the strong emphasis on competition and the clean transition. If realised, these initiatives could significantly boost innovation and the ability of greentech startups to compete with more established players. We look forward to learning more about her vision for the role - see our questions below! #CommissionerHearings #EUCommission #EUParliament #EUHearings #Simplification #StateAid #CleanTech #GreenTech #Competitiveness #Innovation #Startups
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‼️ Joining Forces for a Sustainable Future at Tech Tour Energy & Decarbonisation 2024 👏 We are excited to announce that Ines Bergmann-Nolting, our General Partner at Greencode Ventures, will be participating in the Tech Tour Energy & Decarbonisation 2024 next week in Essen, Germany. This essential event is dedicated to fostering meaningful connections and catalyzing strategic partnerships within the energy sector. Over the course of two days, the event will unite over 80 promising growth companies, meticulously chosen by a group of seasoned investors, with some of the most active sustainability investors, venture capitalists, corporates, and policymakers. Ines will be featured in Pitching Session V: D2XCEL | Innovations in Energy Storage & Freight Transportation, where she will share her insights and explore innovative solutions that are poised to transform these critical sectors. We are looking forward to contributing to these vital discussions and are enthusiastic about the potential collaborations that will emerge. It's a fantastic opportunity to drive forward the agenda on sustainable energy and decarbonisation. #TechTour2024 #venture #venturecapital #startup #greentransition #digitaltransformation #climateaction #climatetech #greentech #impact #EnergyDecarbonisation #SustainableInvesting #GreencodeVentures #EnergyStorage #FreightTransportation
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Over the next five years, Nordic cleantech growth companies will require EUR 15 billion in venture capital funding to sustain their previous growth rates. Currently, Nordic investors have approximately EUR 6 billion available for investments. A new report indicates that funding is becoming an increasingly significant bottleneck for these companies. Investinor collaborated on this market study with our Nordic sister organizations: Tesi, Industrifonden, Export and Investment Fund of Denmark, Almi Invest, Ilmastorahasto - The Finnish Climate Fund, and Nysnø Climate Investments. Full report here: https://lnkd.in/dWGwdUFh Mika Myrseth | Christian Wolff-Skjelbred | Linn Hege Aune | Morten Bertelsen
Our joint-Nordic cleantech study is out! Here are some picks and thoughts, besides the ones in the carousel below: 📌 The some 1,600 cleantech companies identified in the study employ around 32,000 globally and in the Nordic. 📌 Last year, 24 startups received seed-stage funding compared to 59 in 2022 📌 The share of Nordic investors in cleantech financing dropped to less than 10% in 2021(a previous study by Cleantech Scandinavia) It's time to amplify our efforts and attract more funding! Thank you Ilmastorahasto - The Finnish Climate Fund, Industrifonden, Almi Invest, Danmarks Eksport- og Investeringsfond, Investinor, and Nysnø Klimainvesteringer for your cooperation. Press release and full study deck: https://lnkd.in/dWGwdUFh
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