By Tanja Tanskanen

Ludvika City – the Newest addition to Cleantech Scandinavia City Group

With a base in Ludvika city, Sweden, and with partners such as ABB Power Grids, STRI-High Voltage Testing and Consulting, VB Energi and others, High Voltage Valley is the place to be if you are in Electric Power Engineering. As the cradle for High Voltage Power, HVV provides a great acceleration opportunity for cleantech companies and an interesting hunting ground for investors and developers.

By Tanja Tanskanen

Nordic Cleantech Growth Report 2015

Cleantech Scandinavia has since 2007 reported on investments into Nordic cleantech companies. We saw significant growth both in private investments and public funding up until 2010. After that investments, particularly made by VCs, have declined. Interestingly the number of investments has continued to go up, leaving a clear picture that it is the large VC investments that have left the stage.

We can also see a tendency that individual private investors are becoming more engaged, both in terms of business angels and family offices, but also in increased activity on alternative trading places, where more and more cleantech companies are established each year.

In an attempt to explain how the Nordic cleantech sector is actually developing we have written this first Nordic Cleantech Growth Report focusing on actual growth and profit/loss. Through this work we see a thriving sector and would not be surprised if the significant upturn that we saw in 2014 was the start of a new golden era for Nordic cleantech.

This report is exclusive for Cleantech Scandinavia members and can be found here. 

By Tanja Tanskanen

Oliotalo wins Award!

We are delighted that Oliotalo, one of the Nordic Cleantech Accelerator Companies, after encouragement from Cleantech Scandinavia entered and won the Munich Cleantech Innovation Award 2015 yesterday at the 9th Munich Cleantech Conference.

By Tanja Tanskanen

Cleantech Showcase China – It’s a Wrap

We were welcomed back to Sweden after eight days in China with heavy snowfall, cold temperatures, a few days of crisp air and blue sky’s…now we’re back to normal with rain, of course, but it was nice while it lasted.

The trip to China has been both a challenge and a success. For a person of great fondness for planning, structure, keeping times etc. it was trying at times. My first ever Chinese vocabulary – bié dān xīn, meaning don’t worry about it became a mantra. As always with China, it is a steep but quick learning curve and I feel more equipped for next time already, and yes of course there will be a next time, we’re only getting started!

We went into this week with the determination to showcase our Nordic cleantech companies, put them in one-to-one meetings with the most relevant Chinese partners, buyers etc., give them more knowledge on how to do business in China and take them to different cities where they could meet a new group of relevant and interesting parties.

First stop was in Shanghai and Lingang, which you can read more about in length in previous posts. The third day took us to the city of Hangzhou where we had a lovely lunch. I almost accidently ate some toad, thinking it was chicken, must say I’m a little pleased I missed that even tough I like to try new things…just not toads. In the afternoon we had a more relaxed type of event/meeting where the cleantech companies pitched in front of local city officials and industry who were all very pleased to see companies all the way from the Nordics. Between the steaming coffee in the café, where the event was held, one-to-one meetings were arranged as well. The day was ended by a lovely bus ride around the West Lake, said to be the most beautiful lake in China. We’ll sadly have to take them on their word as we where late and it was pitch dark. We were further invited to a superb dinner on the lake, which turned out to be a lovely evening with some really constructive discussions. Stay tuned to learn more on how that develops.

The final day we went to Jiaxing, for a tour of CECEP, which is one of the largest cleantech industries in the world. We got the opportunity to see several of their different parks and technologies that exists under their roof. In the afternoon we had meetings with Jiaxing city and even further business opportunities where found, both for the accelerator companies and us. The evening was spent back in Shanghai were we went to an old Chinese restaurant with a live show, we got the opportunity to try all of Shanghai’s specialties, I’ll give no comments on that….

Now we’re back in the office and so begins all the exiting follow up to build the next step of our journey, time for action!

By Tanja Tanskanen

The showcase in Shanghai got off to a good start

The first day of the Shanghai Showcase, yesterday, was focused on training on how to do business in China for the Nordic Accelerator Companies and European entrepreneurs. We were hosted by Deloitte who gave a very good insight on the first things you need to know when considering doing business in China from a tax, accounting and legal aspect.

Further we had inspirational and informative speeches from Andreas Engström, Invest in Skåne who have worked and lived in Shanghai for 17 years, Oscar Jazdowski of Silicon Valley Bank talked about innovative ways to finance cleantech companies in China. Francois Vuille of Softcar touched on the subject of the perceived risk for European entrepreneurs when transferring tech to China, whereas Kangping Tao of Shanghai Sofku New Energy Company gave an overview of the EV and related markets in China.

The message that was clearest of them all – there are opportunities in abundance for cleantech companies in China BUT come prepared and plan very carefully what it is you really offer and with whom you will work. In doing do you avoid to fall on the first hurdle.

The day was wrapped up by a lovely dinner hosted by Yancheng city in one of the busy restaurants in the city.

All in all a very good start to the week.

By Tanja Tanskanen

Watch the #4 episode of Cleantech in Focus

In the fourth film Stefan Henningsson, Senior advisor for climate innovation, at WWF is featured. Stefan talks about the key success factors when trying to reach China, the support that is needed for entrepreneurs in this context and the need to see a Nordic innovation center established over then next couple of years, which can be a hub for both Nordic and all other cleantech companies wanting to grow around the world.

Don’t miss our upcoming Showcase in Shanghai the 17-20th of November 2015, where we bring Nordic cleantech companies together with Chinese investor, industries and city officials. We will on the 18/11 also inaugurate the China Cleantech Accelerator, which will help Nordic and other cleantech companies grow on the Chinese market. Read more here.

By Tanja Tanskanen

Watch the #3 episode of Cleantech in Focus

The third film features Julien Mialaret, Investment Director, Idinvest Partners. Julien talks about globalization in regards to cleantech/technology, start-ups and investors. Further Julien provides recommendations for entering the Chinese market and how bridging the Nordics/Europe and China, in both directions. Further some thoughts on cleantech and ICT, the success of VC investments in cleantech.

Meet Julien and many interesting cleantech companies, local investors, industries and city officials in China at our upcoming event, Showcase in Shanghai the 17-20th of November 2015.

By Tanja Tanskanen

Climeon secures 6 M€ in funding

Climeon is a Swedish company with a technology that transform low temperature heat to into electricity. The company recently concluded a new issue delivering up to 6,05 M€ in a cash-injection into the company. This far exceeded the initial targets of 2,2 M€ and will radically improve the financial stability and credibility going forward.

Read more here.

By Tanja Tanskanen

Watch the #2 episode of Cleantech in Focus

Cleantech In Focus #2

This fall we will feature some 6 Cleantech in Focus episodes with current cleantech related tops. The second film features Nicholas Parker, Managing Partner, Global Acceleration Partners. The subjects discussed if of how cleantech is changing the world we live in, key strategies to reach emerging markets and tips for start-ups that target the Chinese market.

Don’t miss out upcoming Showcase in Shanghai the 17-20th of November 2015 if you’re interested in the Chinese market.

See the film here.

By Tanja Tanskanen

The first 5 companies to enter the Accelerator is Announced

We are proud to welcome Wirepas, Oliotalo, RecondOil, ArcAromaPure and Cityntel to the Nordic Cleantech Accelerator.

The Nordic Cleantech Accelerator has just been kick-started with 5 of the most promising cleantech companies. Cleantech Scandinavia will work closely together with these companies with the clear goal of growing their businesses onto the global markets. The companies have just come home from our first international push in Toronto, Canada and Boston, USA. “We’re on a roll – It was great to see the match of our offering, other companies and investors. Many important doors have been opened to us on this tour and we are now taking the next important steps on our global expansion trajectory” explains Teppo Heimä, CEO at Wirepas.

The Accelerator provides the companies with access to key international markets through a wide well established network of industrial and international accelerator partners. Core industrial partners are Stora Enso, General Electric, IKEA, BASF, DOW, Evonik, Mahle and Saint Gobain etc. The network also comprises Cities, Real Estate and other end user groups. Together with Acceleration Partners in North America (MaRs Cleantech and Greentown Labs), Germany (Munich Network), China (China Cleantech Accelerator) the Accelerator reaches out to the big and fast growing markets.

Read More.

1 2 3 4 5