Cleantech Investment in Colorado Tops $196 Million in 2013
i3 market intelligence platform shows state’s 2013 deal volume at 42
SAN FRANCISCO -- January 15, 2014
Cleantech Group™, provider of the i3 market intelligence platform and global
consulting services, today announced preliminary 2013 results from its i3 data
product. The firm reported that in Colorado, clean technology venture
investment during 2013 totaled $196,245,436.
According to data in i3, Colorado’s top deals and their investors were:
*Cool Planet Energy Systems, a Biofuels & Biochemicals company, raised
$29,900,000 from Google, General Electric, BP, ConocoPhillips, NRG Energy,
and Exelon Capital Partners in a growth equity round
*Ciris Energy, a Conventional Fuels company, raised $25,000,000 from Asia
Pacific Capital in a growth equity round
*Gevo, a Biofuels & Biochemicals company, raised $22,600,000 from Total
Energy Ventures, Khosla Ventures, Virgin Green Fund, and Malaysian Life
Sciences Capital Fund (MLSCF) in a PIPE round
*Ascent Solar Technologies, a Solar company, raised $10,000,000 from
Ironridge Technology in a PIPE round
*Real Goods Solar, a Solar company, raised $9,250,000 from undisclosed
investors in a PIPE round
“Our i3 market intelligence platform tracked strong performance by cleantech
public stocks: five of the top 20 best performing stocks of the Russell 3,000
in 2013 were cleantech companies,” said Sheeraz Haji, CEO of Cleantech Group.
“Despite challenging IPO and M&A markets, we observed a number of positive
2013 exits including Climate Corporation, Waze, Silver Spring Networks,
ecoATM, and Evogene. Our i3 data indicate that investors continue to shift
away from capital intensive deals and move towards distributed generation,
resource sharing, agriculture, and the digital oilfield theme.”
i3 tracks the latest deals, trends, and insight into innovation, with data for
over 22,000 companies across 18 sectors. The product also allows users to
identify innovation clusters around the world, drill down into taxonomy for 18
sectors, and pursue company discovery.
While the bulk of the data is only accessible by subscribers, a subset of data
in i3, is available at no charge.
About Cleantech Group Inc.
Cleantech Group helps clients accelerate sustainable innovation. The company’s
i3 market intelligence platform, which tracks over $7 billion of deal flow
annually across 22,000 cleantech companies, allows subscribers to discover
companies and explore resource technology trends strategically with
proprietary real-time data. Cleantech Forums bring together thought leaders
and innovators in the cleantech and sustainability ecosystem. The company’s
Advisory Services leverage expertise in designing and executing corporate
strategies for sustainable growth and innovation sourcing. Details at
Millen Paschich, +1-415-233-9712
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