Disclosed clean technology venture investment in Israel during 2013 totalled USD249,935,000 across 13 deals, according to figures Cleantech Group’s i3 market intelligence platform.
There were another seven deals with undisclosed values.
According to data in i3, Israel’s top deals and their investors were:
• Kaiima, an Agriculture company, raised USD65,000,000 from Horizon Ventures, International Finance Corporation (IFC), Infinity Group, Draper Fisher Jurvetson (DFJ), DFJ Tamir Fishman Ventures, Mitsui, Kleiner Perkins Caufield & Byers (KPCB), and Musea Ventures in a growth equity round
• Compass-EOS, an Energy Efficiency company, raised USD42,000,000 from Comcast Ventures, Cisco Systems, Pitango Venture Capital, Benchmark Capital, RUSNANO, and North Bridge Venture Partners in a growth equity round
• Moovit, a Transportation company, raised USD28,000,000 from Gemini Israel Ventures, BRM Capital, and Sequoia Capital in a Series B round
• Altair Semiconductor, an Energy Efficiency company, raised USD25,000,000 from Bessemer Venture Partners, BRM Capital, and Giza Venture Capital in a growth equity round
• Blue Sphere, a Recycling & Waste company, raised USD17,785,000 from Caterpillar Financial Services Corporation in a structured debt round
“Our i3 market intelligence platform tracked strong performance by cleantech public stocks: five of the top 20 best performing stocks of the Russell 3,000 in 2013 were cleantech companies,” says Sheeraz Haji, CEO of Cleantech Group. “Despite challenging IPO and M&A markets, we observed a number of positive 2013 exits including Climate Corporation, Waze, Silver Spring Networks, ecoATM, and Evogene. Our i3 data indicate that investors continue to shift away from capital intensive deals and move towards distributed generation, resource sharing, agriculture, and the digital oilfield theme.”
