Singapore-based Cleantech Start-up Sensorflow Raises Us$2.7m In Funding Round, Companies & Markets News & Top Stories - The Straits Times
February 20, 2019 3:32 PMSINGAPORE - Singapore-based cleantech firm SensorFlow has raised US$2.7 million in series A funding led by private investor Pierre Lorinet, taking its total funds raised to date to US$3.5 million.
Years after venture capital in the space plummeted in 2012 -- when investors ran from clean technologies after getting burned by bad bets -- we're seeing a new wave of activity.
From 2006-11 U.S. venture capital firms invested $25bn into cleantech startups, yet lost more than half their investment. Learn alternative ways cleantech startups can generate greater returns and climate impact.
Enerkem, a company that turns trash into clean fuels and green chemicals, this week accounted for the biggest cleantech deal in the history of Canada's venture market. The Montreal company on Tuesday said it ra [...]
Startup accelerator Bioindustrial Innovation Canada (BIC) has agreed to partner with five venture capital firms to capitalize emerging companies in Canada's bioeconomy and clean technology sectors. ArcTern [...]
Oil and gas majors haven't been the most consistent investors in renewable energy, but as the all-electric future barrels forward, several prominent energy companies have indicated they won't be left behind. The latest play for diversification comes from Royal Dutch Shell, which announced it would open a China branch of its venture fund, Shell Technology Ventures.
Venture capital firms generally focus more on greenbacks than green energy. After a brief spurt of interest about six years ago, many major firms have been avoiding further investments in clean energy and green technology. Here's why.
Silicon Valley has always been a place for startups operating in the software, semiconductors and other computing tech sectors to raise money. Starting around 2006, Silicon Valley investments in “cleantech,” a catch-all term for technologies related to renewable energy and other environmentally beneficial areas, started gathering steam. It’s been estimated that startups in the clean energy sector alone had gathered a total of $25 billion from VCs, but of that total, it’s been estimated that over half was lost.
This, if you squint and adjust your tinfoil hat in just the right way, is the real story of the US election: the Russian candidate defeated the Saudi Arabian candidate. Why them? Because they're more desperate than anyone else. Both are failed, fragile petrostates propped up only by oil money; so both see cleantech, and climate-change concern -- ie Elon Musk -- as the real enemy...
The recent announcement that some of the wealthiest investors in the world are backing a big cleantech fund is likely to spark renewed interest in the sector, despite many venture capital firms suffering big losses for years in cleantech. Given these contrarian factors, what should family offices, traditionally among the biggest investors in cleantech, do now?