Israeli start-ups made up the biggest delegation to the recent CleanTech Forum Europe, which took place in Florence, Italy on April 27-29. Arik Makukh from Israel NewTech, Ministry of Economy, was at the event, leading a delegation of Israeli Cleantech companies.
“The Forum was a relatively intimate, very targeted, event,” explains Makukh. “Out of only 300 attendees, including delgations from Sweden, Belgium and others, the Israeli presence, with nine companies that came with us and presented, as well as a few others who came independently, was very prominent.”
For Yuval Levin, CEO of PDP Technologies, an Israeli start-up in the energy arena, the event helped to better understand the industry and focus his fundraising efforts. “Meeting different investment groups, I came away with the clear understanding that we need to focus mostly on corporate VC investors for PDP,” says Levin. “This type of investor, such as GE Ventures or Enel, can provide both funding and, no less importantly, strategic value. This event was an excellent opportunity for us to meet with a number of very relevant investment groups.” PDP is developing a technology for online & continuous partial discharge monitoring as an enabler for CBM (condition-based-maintenance) for sub-stations.
The Israeli delegation to the CleanTech Forum was organized by the Israeli Export Institute, Israel NewTech and the Israeli Economic Office in Milan. Each company had 5-10 minutes to present their technology during a special Israeli session which took place in the afternoon of April 28th. In Addition, during the two main days of the event a series of around 40 tailored one-on-one meetings between the Israeli companies and the foreign investors were held in the exhibition area, as well as many meetings that were held ad-hoc thanks to the different networking opportunities during the event.
The European CleanTech Forum is an annual event, and this was the 11th time such a forum is taking place, and for the first time in Italy. Attendees arrived from more than 25 countries, mostly from Europe but also including the U.S., China, and Malaysia, and included top investment groups such as Aster Capital, Capricorn Venture Partners, Carbon Trust, Chrysalix SET and the European Investment Fund.
The Israeli companies included in the delegation to the Forum were: Ecotech Recycling, Emefcy, EnStorage, E.S.T Ecologic Systems, Green Ride, Harbo Technologies, Metrycom, NanoSpun Technologies, PDP Technologies, and the investment group Capital Nature.