The cleantech venture capital market is heating up. There are some very nice looking companies doing some wonderful things in clean tech. Some are taking advantage of the global green economy movement and partnering with foreign countries on clean technology ventures. A few on the list have broke ground on some solar projects right here in the United States. This list is based on company management, and capital strength. Many of the cleantech companies that made the list benefited from getting DOE loan guarantees. Solyndra is a good example. This has helped them attract clean energy venture capital.
Top 5 Cleantech Companies
- Solyndra Inc. Provider of a photovoltaic system featuring proprietary cylindrical modules.
Investors: Argonaut Private Equity, Artis Capital Management, CMEA Ventures, GKFF Investment Company LLC, Kohlberg Kravis Roberts & Co., Madrone Capital Partners, Masdar Clean Tech Fund, Redpoint Ventures, RockPort Capital Partners, U.S. Venture Partners, Undisclosed Venture Investor(s), US Department of Energy, Virgin Green Fund
- Suniva Inc. Provider of solar cells and modules.
Investors: Advanced Equities, Apex Venture Partners, Cogentrix Energy,Goldman Sachs Group, H.I.G. Capital, New Enterprise Associates, Quercus Investments, TriplePoint Capital, Velocity Commercial Capital, Warburg Pincus
- eSolar Inc. Developer of modular solar power plants.
Investors: ACME Group, Google, Idealab, Individual Investors,NRG Energy, Oak Investment Partners, Quercus Trust
- Boston-Power Inc. Provider of a portable lithium-ion battery technology platform.
Investors: Foundation Asset Management, Gabriel Venture Partners, GGV Capital, Oak Investment Partners, Venrock Associates
- Serious Materials Inc. Provider of energy-efficient building materials.
Investors: Cheyenne Partners, EnerTech Capital, Foundation Capital, Mesirow Financial, Navitas Capital, New Enterprise Associates, Rustic Canyon Partners, Saints, Staenberg Venture Funds, VantagePoint Venture Partners
A team from VentureSource calculated the rankings. Recently Clean Energy Solutions, a company from South Africa, was granted exclusive rights to be sole distributor and agent for eSolar Inc. (Leading solar thermal power company in US). Clean Energy Solutions would be selling eSolar’s newly developed solar power concentrating technology in sub Saharan Africa.
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