Clean technology venture investment in Israel during the third quarter of 2013 totalled USD111 million, bringing the year-to-date total to USD151 million, according to figures released by Cleantech Group’s i3 platform.
Kaiima, an Agriculture & Forestry company, raised USD65 million from Horizon Ventures, International Finance Corporation (IFC), Infinity Group, Draper Fisher Jurvetson (DFJ), and DFJ Tamir Fishman Ventures in a growth equity round
Altair Semiconductor, an Energy Efficiency company, raised USD25 million from Bessemer Venture Partners, BRM Capital, Giza Venture Capital, Pacific Technology Fund, and Jerusalem Venture Partners (JVP) in a growth equity round
Blue Sphere, a Recycling & Waste company, raised USD18 million from Caterpillar Financial Services Corporation in a structured debt round
PV Nano Cell, a Solar company, raised USD3.5 million from Infinity Group, Israel Electric Corporation, Slobel, and Terra Venture Partners in a Series A round
Pentalum Technologies, a Wind company, raised an undisclosed amount from GE Ventures in a growth equity round
“Efficiency continues to shine in 2013, leading the cleantech sector in terms of number of deals completed. Transportation saw considerable traction in Q3 2013, thanks in large part to Uber’s USD258 million funding round led by Google Ventures and TPG Capital,” says Sheeraz Haji, Chief Executive Officer of Cleantech Group. “Our i3 market intelligence platform reports that investor interest in software or cleanweb technologies is starting to scale, while the Agriculture and Advanced Materials sectors are making strong headway and are well-positioned to gain significant market traction in the years to come.”
