News & Analysis
Leading European cleantech startups meet in Geneva
Peter Clarke
6/17/2009 5:38 AM EDT
The meeting is expected to draw venture capital executives as a part of its audience providing the companies with an opportunity to benefit from investment.
The 24 presenting companies were selected from more than 300 applicants by a committee of cleantech investors and industry executives, ETT said, and span segments such as: solar, wind, wave and bio energy; energy efficiency and storage; clean transport; biomaterials; and waste management.
Among the 24 companies are at least eight that have strong roots in the semiconductor and electronics sector:
Heliatek GmbH (Dresden, Germany) working on organic photovoltaics; Hymite A/S (Alleroed, Denmark) which develops and manufactures packages for solid-state lighting applications; Juice Technology Ltd. (Hoddesdon, England) which provides energy management technology and systems for LED lighting; Novaled AG (Dresden, Germany) which provides OLED materials and device technology; Watteco SAS (La Garde, France) which is a system on chip (SoC) company that had developed a power-line-communication system for the smart energy command and control market; Cellera Ltd. (Caesarea, Israel) which is attempting to reduce the cost of low temperature fuel cells based on a platinum-free membrane technology; Revolt Technology Ltd. (Staefa, Switzerland) ReVolt has developed a rechargeable zinc air battery technology and SiC Processing AG (Hirschau, Germany) which is recycling slurry from the wafer sawing process back to the photovoltaic and semiconductor industries.
Besides allowing the companies to pitch for investment the summit meeting will include panel discussions addressing; smart grids and smart meters, likely application areas for startups, and the future of renewable energy.
In addition Michel Jarraud, the Secretary General of the World Meteorological Organisation will address summit attendees.
"This summit is about what our society needs to address the climate change issue: collaboration. We are facilitating the collaboration between entrepreneurs and investors, startups and established companies, energy generators and energy users; and between business and politics,” said Bernard Vogel, President of the 2009 Cleantech Summit, in a statement.
The European Tech Tour (ETT) is a not-for-profit association founded under Swiss law by Sven Lingjaerde, a veteran European venture capitalist.
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