Charting the Future, Connecting the Globe

Transcription

1 Charting the Future, Connecting the Globe CTG keeps you in touch with the emerging trends, the leading innovation companies, and the key players in sustainable innovation around the world.

2 Lay of the Land The State of our Ecosystem Thank you

3 Significant and healthy diversification has taken place Percentage share of total global cleantech venture deal volume by sector over time* Source: CTG Quarterly Investment Monitor 03

4 Transportation dominates even without mega $200m deals Percentage share of total global venture dollars invested by sector over time Source: CTG Quarterly Investment Monitor 04

5 Europe & Israel differs from the global picture in a few ways The number of early-stage deals in Europe & Israel is greater than the later-stage Cleantech Venture Activity, Europe & Israel, Source: CTG Quarterly Investment Monitor 05

6 Europe & Israel differs from the global picture in a few ways Transportation is just as dominant an investment category Cleantech Venture Activity, Europe & Israel, Source: CTG Quarterly Investment Monitor 06

7 Europe & Israel differs from the global picture in a few ways Ag & Food is less so, but the segments most strongly related to Power & Utilities are more pronounced in the European portfolio Cleantech Venture Activity, Europe & Israel, Source: CTG Quarterly Investment Monitor 07

8 VC s proportion of the overall action has fallen Rounds with a VC have fallen by 18% more percentage points than the 30% fall in the count of investment rounds, Cleantech Venture Activity, Europe & Israel, Source: CTG Quarterly Investment Monitor 08

9 VC s proportion of the overall action has fallen VC s represent just less than 50% of the identified sources of capital (down from a high of 60%) Cleantech Venture Activity, Europe & Israel, Source: CTG Quarterly Investment Monitor 09

10 A few regulars, A very long tail of investors Cleantech Venture Activity, Europe & Israel, Source: CTG Quarterly Investment Monitor 780 is our count of investors who have appeared in just one round,

11 The Intersection of Industry and Digital widens the VC pool 011

12 The presence of Asian investors in western start-ups is increasing Evident in our annual Global Cleantech 100 lists as well as across the whole portfolio 012

13 Strategic M&A activity seems to be on the rise Evident in our annual Global Cleantech 100 lists as well as in our public markets Cleantech Index The number of companies in our Cleantech Index (CTIUS) has reduced from a high ~80 to today s 53, in part due to rising M&A activity: - 20 CTIUS companies were acquired CTIUS companies were acquired Select acquisitions of GCT100 alumni in 2016 Select acquisitions of CTIUS companies in

14 The flow of future-investable capital seems to be strengthening CVCs $200m 100m 50m 100m VCs 260m (final close) First close ( 50m - target) Final close ( opens new industrial innovation fund 5 LPs to date, ~ 30m) 50m (first close) 106m (first close) 21m (first close) May 2016 Nov 2016 May

15 Early Signs of the Next 100 Years: Charting the great, smart Thank you industrial transition

16 The Incumbents Challenges: Speed and DNA Any company designed for success in the 20th century is doomed to failure in the 21st. David S. Rose - serial entrepreneur, author, the father of angel investing in New York, the founder or funder over 100 pioneering companies. 016

17 The Innovators Challenges: Cost and Scale 017

18 The size of the cost/scale challenge should not be underestimated CTG s 18 cleantech sectors the doing of more with less Advanced Materials Solar Transporta tion Water & Wastewater Biofuels & Biochemic als Energy Storage Recycling & Waste Agriculture & Food Convention al Fuels Hydro & Marine Power Biomass Fuel Cells & Hydrogen Smart Grid Air Energy Efficiency Nuclear Geothermal Wind 018

19 Digital Technologies have speed and scale 5 billion people online by 2020? Intel s had 2300 transistors. Its core Xeon Broadwell-E5 has 7.2 billion = 80k times faster and 2m times cheaper 019

20 Digital Technologies have speed and scale 5 billion people online by 2020? Intel s had 2300 transistors. Its core Xeon Broadwell-E5 has 7.2 billion = 80k times faster and 2m times cheaper 50 billion devices (each with multiple sensors) by 2020? 020

21 Digital Technologies have speed and scale 5 billion people online by 2020? Intel s had 2300 transistors. Its core Xeon Broadwell-E5 has 7.2 billion = 80k times faster and 2m times cheaper 50 billion devices (each with multiple sensors) by 2020? In the past 10 years Processing costs have declined by 60x The cost of bandwidth have declined by 40x Sensor costs have dropped from $1.30 to $

22 Momentum is strongest on all-efficiency plays CTG s 18 cleantech sectors the doing of more with less Solar Transporta tion Water & Wastewater Biofuels & Biochemic als Energy Storage Recycling & Waste Agriculture & Food Convention al Fuels Hydro & Marine Power Advanced Materials Biomass Fuel Cells & Hydrogen Smart Grid Air Energy Efficiency Nuclear Geothermal Wind Examples of some key inter-related themes and technologies (covered in CTG Insights) Blockchain Meets Energy & Industry «At the Cutting Edge» (e.g. AR/VR, Gene Editing, 5G, Soft Robotics) Advanced Manufacturing Digital + Industrial The Sharing Economy Next Generation Mobility Services 022

23 At the Cutting Edge What new technologies will have an impact on energy, industry and agriculture in the next 10 years? Where are they today? What are early applications in our world of energy and data? 023

24 At the Cutting Edge What new technologies will have an impact on energy, industry and agriculture in the next 10 years? Where are they today? What are early applications in our world of energy and data? Process transactions Execute smart contracts Record transactions/ownership data P2P & wholesale energy trading Logistics and supply chain EV charging & mobility IoT and M2M comm s Coins & certificates Land registry 024

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27 Measuring the speed and momentum of Industrial Change 027

28 Measuring the speed and momentum of Industrial Change Signals on the severity of the potential disruption (threat levels) Signals of the urgency felt by incumbents (response levels) 028

29 Measuring the speed and momentum of change around Mobility Signals on the severity of the potential disruption (threat levels) Signals of the urgency felt by incumbents (response levels) 029

30 Measuring the speed and momentum of change around Mobility Signals on the severity of the potential disruption (threat levels) Signals of the urgency felt by incumbents (response levels) 030

31 Measuring the speed and momentum of change around Mobility Signals on the severity of the potential disruption (threat levels) Signals of the urgency felt by incumbents (response levels) 031

32 Measuring the speed and momentum of change around Mobility Signals on the severity of the potential disruption (threat levels) Signals of the urgency felt by incumbents (response levels) Source: zirra.com 032

33 Measuring the speed and momentum of change around Mobility Signals on the severity of the potential disruption (threat levels) Signals of the urgency felt by incumbents (response levels) Source: zirra.com 033

34 Measuring the speed and momentum of change around Mobility Signals on the severity of the potential disruption (threat levels) Transport-relevant GCT100 companies with Q raises Signals of the urgency felt by incumbents (response levels) EU mobility service companies with Q raises 034

35 Measuring the speed and momentum of change around Mobility Signals on the severity of the potential disruption (threat levels) Signals of the urgency felt by incumbents (response levels) Acquirer Target (& country) Israel USA Netherlands Belgium 035

36 Measuring the speed and momentum of change around Mobility Signals on the severity of the potential disruption (threat levels) Signals of the urgency felt by incumbents (response levels) Investor Investee company 036

37 Measuring the speed and momentum of change around Mobility Signals on the severity of the potential disruption (threat levels) Signals of the urgency felt by incumbents (response levels) We see autonomous vehicles as having as significant an impact on society as Ford s moving assembly line did 100 years ago. Mark Fields, CEO Ford 037

38 Measuring the speed and momentum of change around Mobility Signals on the severity of the potential disruption (threat levels) Signals of the urgency felt by incumbents (response levels) Investor Investee company 038

39 Measuring the speed and momentum of change around Mobility Signals on the severity of the potential disruption (threat levels) Signals of the urgency felt by incumbents (response levels) Investor Investee company 039

40 Measuring the speed and momentum of change around Mobility Signals on the severity of the potential disruption (threat levels) Signals of the urgency felt by incumbents (response levels) Investor Investee company 040

41 Measuring the speed and momentum of change around Mobility Signals on the severity of the potential disruption (threat levels) Signals of the urgency felt by incumbents (response levels) Investor Investee company 041

42 Early Signs of the Next 100 Years: Charting the great, smart Thank you industrial transition

43 Digitalization can only take us so far 043

44 Digitalization can only take us so far Source: Roger Pielke Jr, Center for Science and Technology Policy Research, University of Colorado 044

45 Digitalization can only take us so far Core Energy & Carbon Topics Completing the Puzzle: Is Fusion Energy Coming of Age? 11:15 AM - 12:15 PM, May 17 & 11:55 AM - 12:55 PM, May 18 Carbon-based Products: An overlooked trillion dollar market opportunity? 3:15 PM - 4:15 PM, May 17 Clean Hydrocarbons: Oxymoron or Possibility? 4:45 PM - 5:00 PM, May 17 Empowering billions in Africa The opportunities, the realities, and what s next? 10:50 AM - 11:50 AM, May 18 Source: Roger Pielke Jr, Center for Science and Technology Policy Research, University of Colorado 045

46 Digitalization can only take us so far Plenty for the chemists and material scientists Making Electronics Ever More Flexible and Efficient: The Metals and Material Building Blocks 2:00 PM - 3:00 PM, May 17 Avantium and the GCT100 Hall of Fame Cultivating a Successful Bioeconomy, Starting with Biomass Money can grow on trees - Combining Finland s biomass supply with Western Europe s chemical hub Building Green: Wood Alternatives 10:00 AM - 10:20 AM, May 18 10:50 AM - 11:50 AM, May 18 11:55 AM - 12:55 PM, May 18 2:00 PM - 2:50 PM, May

47 If you remember nothing else from this morning, remember this. Thank you

48 Rush Hour 048

49 Thank you for you your attention, and for being here CTG at a Glance 049