Click here to close now.




















Welcome!

@BigDataExpo Authors: Liz McMillan, Gregor Petri, Carmen Gonzalez, Pat Romanski, Elizabeth White

News Feed Item

$462.24 Million in Cleantech Financing Garnered by Winners of 2011 GCCA Later Stage Awards

Success of winners in 2012 shows Global Cleantech Clusters are ground zero for growing clean technology economy

ATLANTA, Feb. 13, 2013 /PRNewswire/ -- A little over a year after 10 cleantech companies were awarded their "Best in Class" distinctions at the 2011 Global Cleantech Cluster Association Later Stage Awards, the firms have collectively secured $462.24 million in funding and project contracts, with additional funding undisclosed. Most recently, Best in Energy Efficiency winner Albeo Technologies was acquired by GE Lighting for an undisclosed sum. In total, the winning companies secured $344.47 million in investment, growth equity, grants, and loans, with an additional $117.77 million in project and vendor contracts. Details on specific companies below. The GCCA is currently accepting nominations for its 2013 Later Stage Awards (deadline June 1, 2013).

(Logo: http://photos.prnewswire.com/prnh/20130213/SF59113LOGO)

"The success of these winners of the GCCA's annual Later Stage Award is indicative of the continued growth of clean technology and renewable energy markets around the world," said GCCA co-founder Shawn Lesser, also co-founder of Watershed Capital Group.  "The fact that these companies are raising capital and securing projects bolsters the idea that cleantech cluster organizations are a serious factor in the health of the clean economy. They are our boots on the ground." 

The 2011 Later Stage Awards were the inaugural year for the contest. It featured 185 nominations from 36 GCCA member clusters.

"As GCCA continues this annual contest, we anticipate much more success in the investment into these leading edge cleantech companies," said Ben Taube, GCCA Executive Chair. "The winners in 2011, and now 2012, are leading in cleantech innovation and GCCA is at the forefront of assisting the global deployment of these solutions."

The 2012 success of the 2011 winners is also a testament to the Keystone Compact™, the judging criteria the GCCA uses to narrow 100s of nominations down to a top 3 in each category. In use since 2006, the method was developed by GCCA Head Judge Dr. Peter Adriaens, Professor of Entrepreneurship and Strategy at the Ross School of Business, along with Dr. Tim Faley, Managing Director of the Zell-Lurie Institute for Entrepreneurial Studies both located at the University of Michigan.

The two stage Keystone method reviews company and market information, as well as financials to determine both the investabilty and potential market size of the nominations. The top 3 in each category, known as the year's Global Top 30, are submitted to the GCCA Judging Panel, a 28 of the world's leading cleantech venture capital and private equity investors and serial entrepreneurs. Votes from this group, who collectively manage over $3.5 billion in global clean technology investment, determine the final winners for each category.

"With our Later Stage Winners it's paramount we pick the companies who have the largest opportunity to grow large and influential," said GCCA Head Judge Dr. Adriaens. "The investment community is clear, they are looking to invest in growing companies. For the cleantech economy to expand into a major market force, we want to showcase the firms poised with the most significant growth and market impact."

Success Detail for GCCA 2011 Later Sage Award Winners

Albeo Technologies
Best of Energy Efficiency  
Boulder, CO (cluster: Colorado Cleantech IA)

Beneq
Best of Advanced Materials
Vantaa, Finland (cluster: Finnish Cleantech Cluster)

Imperative Energy
Best of BioEnergy
Dublin, Ireland (cluster: The Green Way)

  • £75m project for 16.5MW biomass project CHP at the NEC, Birmingham, England
  • Undisclosed investment from Carbon Trust managed Northwest Fund as well as London based EIDC

Moventas
Best of Wind
Jyvaskyla, Finland (cluster: Finnish Cleantech Cluster)

  • €100 million acquisition by UK-based private-equity firm Clyde Blowers

Newalta
Best of Waste Management
Brossard, Quebec (cluster: EcoTech Quebec)

OpenHydro
Best of Tidal
Dublin, Ireland (cluster: The Green Way)

PowerGenix
Best of Storage
San Diego, California USA (cluster: CleanTECH San Diego)

Rentricity
Best of Water
New York, New York USA (cluster: NYC Acre)

  • $.3 million investment from the New York State Energy Research and Development Authority (NYSERDA) to develop energy recovery product designs for wastewater treatment plants. 

SAM Group
Best in Transportation
Zurich, Switzerland, (cluster: swisscleantech)

  • €3 million investment round for the development of the next generation of light weight electric vehicles

Solaris Synergy
Best of Solar
Chicago, Illinois USA (cluster: Chicago Clean Energy)

  • $ 0.4M. Grant
  • Recently received a permit from Israeli water company Mekorot to build their first facility near the city of Netivot.

About the Global Cleantech Cluster Association
Global Cleantech is a non-profit association, headquartered in Atlanta, Georgia, U.S.  that creates conduits for companies to harness the tremendous benefits of international cleantech cluster collaboration in an efficient, affordable, and structured way.  Global Cleantech provides a gateway for established and emerging cleantech companies to gain exposure to potential investors, new markets, influential networks, innovative technologies and best practices.  GCCA was founded by the Finnish Cleantech Cluster, Skipso, swisscleantech, Technica Communications and Watershed Capital Group. For more information about Global Cleantech, please visit www.globalcleantech.org.

MEDIA CONTACT
Technica Communications
Lisa Ann Pinkerton
408-806-9626
[email protected]

SOURCE Global Cleantech Cluster Association (GCCA)

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@BigDataExpo Stories
The web app is agile. The REST API is agile. The testing and planning are agile. But alas, data infrastructures certainly are not. Once an application matures, changing the shape or indexing scheme of data often forces at best a top down planning exercise and at worst includes schema changes that force downtime. The time has come for a new approach that fundamentally advances the agility of distributed data infrastructures. Come learn about a new solution to the problems faced by software organ...
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Learn what is going on, contribute to the discussions, and e...
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
U.S. companies are desperately trying to recruit and hire skilled software engineers and developers, but there is simply not enough quality talent to go around. Tiempo Development is a nearshore software development company. Our headquarters are in AZ, but we are a pioneer and leader in outsourcing to Mexico, based on our three software development centers there. We have a proven process and we are experts at providing our customers with powerful solutions. We transform ideas into reality.
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises ar...
Containers are not new, but renewed commitments to performance, flexibility, and agility have propelled them to the top of the agenda today. By working without the need for virtualization and its overhead, containers are seen as the perfect way to deploy apps and services across multiple clouds. Containers can handle anything from file types to operating systems and services, including microservices. What are microservices? Unlike what the name implies, microservices are not necessarily small,...
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of tech...
While many app developers are comfortable building apps for the smartphone, there is a whole new world out there. In his session at @ThingsExpo, Narayan Sainaney, Co-founder and CTO of Mojio, will discuss how the business case for connected car apps is growing and, with open platform companies having already done the heavy lifting, there really is no barrier to entry.
SYS-CON Events announced today that the "Second Containers & Microservices Expo" will take place November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Trel...
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development...
The Internet of Things is in the early stages of mainstream deployment but it promises to unlock value and rapidly transform how organizations manage, operationalize, and monetize their assets. IoT is a complex structure of hardware, sensors, applications, analytics and devices that need to be able to communicate geographically and across all functions. Once the data is collected from numerous endpoints, the challenge then becomes converting it into actionable insight.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading in...
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the ...
In his session at @ThingsExpo, Lee Williams, a producer of the first smartphones and tablets, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. He will explain how M2M controllers work through wirelessly connected remote controls; and specifically delve into a retrofit option that reverse-engineers control codes of existing conventional controller systems so the...
In 2014, the market witnessed a massive migration to the cloud as enterprises finally overcame their fears of the cloud’s viability, security, etc. Over the past 18 months, AWS, Google and Microsoft have waged an ongoing battle through a wave of price cuts and new features. For IT executives, sorting through all the noise to make the best cloud investment decisions has become daunting. Enterprises can and are moving away from a "one size fits all" cloud approach. The new competitive field has ...
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest technology in the industry. Combined with real-world scenarios and use cases, the Containers and Microservices Bootcamp, led by Janakiram MSV, a Microsoft Regional Director, will include presentations as well as hands-on...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advance...