Investment in the U.S. Clean Tech industry went from $286 million in 2001 to $3.7 billion in 2010. In 2010, Clean Tech represented 17% of total VC investment in the United States. In the first quarter of 2011, venture investments in Clean Tech fell 44% compared with the first quarter of 2010. VCs seem to be more cautious about the sector. Of the $1.1 billion invested in the U.S. Clean Tech sector in the second quarter, 67% went to later-stage companies. So, given these dynamics, will venture firms be able to raise the money they need to make investments in clean energy? What, if anything, does Khosla Ventures’ recent success raising a $1.05 billion fund (50% earmarked for Clean Tech) portend for the venture investing in Clean Tech? And, will entrepreneurs be able to rely on venture capital? Our panel of clean technology VCs will address these important questions and yours.
Speakers will Include:
- Steve Hahn, Sr. Research Scientist, The Dow Chemical Company
- Ryan Kottenstette, Investment Staff, Khosla Ventures
- Matt Nordan, Vice President, Venrock
- Sven Stroban, Investment Team, Mohr Davidow Ventures
- (moderator) Christina Ellwood, Principal, Moreland Associates
This program will be held from 6:00 PM – 9:00 PM at 6140 Stoneridge Mall Road, Pleasanton, CA 94588. Thanks to our friends at SVForum, readers of Green VC can receive a $5 discount when registering onlinre by entering code EBSMarch-2012