2013 VC Cleantech Summary Report

VC deals and related capital invested have steadily increased in the last two years; however, cleantech investment has been decreasing since 2012, with this year being the slowest since 2007, says the latest Pitchbook report. This is due in large part to unsustainable business models of emerging companies and weak cleantech investment theses. However, investors that continue to have faith in cleantech and execute on strong investment theses are reaping rewards. SJF Ventures, a top quartile fund as we've mentioned before, comes to mind showcasing an investment thesis focused on companies that are capital efficient and have business models that deliver immediate value to customers, like asset recovery, reuse and efficiency. Other notable firms that closed funds in 2013 include: Kleiner Perkins Caufield & Byers, Khosla Ventures, True North Venture Partners, Braemar Energy ventures, and EnerTech Capital Partners.