Greenbang logo

Israel Cleantech Ventures nets $75m for first green fund

By jumperhead on Thursday, 8th May 2008

field.jpgAs anyone who’s watched all six Star Wars films can tell you, the start of a story is often better than the end. Especially when it comes to news stories, let Greenbang tell you.

However, Greenbang’s going to make an exception today and bring you the story of a green tech fund that’s just closed. It’s a story with a happy ending too – it’s closed with more funds than expected.

The hero of this story is Israel Cleantech Ventures, which dropped us a line today to tell us it’s closed its first fund with $75M – $15 million more than it had originally planned on.

The company’s a mere two years old, but it’s already invested in this little lot:

Aqwise (waste water treatment), CellEra (fuel cells), Citrine Renewable Energy (landfill biogas treatment), Emefcy (energy production from wastewater), Metrolight (energy efficient lighting), Project Better Place (electric vehicle infrastructure), and Pythagoras Solar (solar energy).

Tags: , , , ,

READERS COMMENTS - Have your say...




Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

Additional comments powered by BackType

RELATED NEWS

LATEST HEADLINES

One peak we should bring on faster: Peak plastics thumbnail

One peak we should bring on faster: Peak plastics

While most of the peaks we see looming today — peak oil, peak
Jurdy: To the dump, to the dump, to the dump, dump, dump thumbnail

Jurdy: To the dump, to the dump, to the dump, dump, dump

Jurdy finds another tough job to fill …
Finally: A plan to make clean energy a business opportunity thumbnail

Finally: A plan to make clean energy a business opportunity

Ensuring sustainable energy and resources in the future is all about how you
Perfect technology is impossible, but keep trying anyway thumbnail

Perfect technology is impossible, but keep trying anyway

“I guess I could be pretty pissed off about
Plan for a solar future means knowing when the sun won’t shine thumbnail

Plan for a solar future means knowing when the sun won’t shine

While energy experts elsewhere are looking for answers to
Wild warming or sulphur rain? Climate ‘party planners’ can’t decide thumbnail

Wild warming or sulphur rain? Climate ‘party planners’ can’t decide

Imagine you and your office mates are trying to