Presentation by Lassi Noponen, Chairman of Cleantech Invest, held at the Nordic Seed Capital Summit in Stockholm, 19 May 2011.

1. Providing the Tools for Growth within Cleantech
Presenta)on
to
Nordic
Seed
Capital
Summit
Stockholm
19.05.2011
Lassi
Noponen
Chairman
Cleantech
Invest

2. Cleantech Invest & Clean Future Fund
• Cleantech Invest (CTI) is a fund management and investment advisory
firm
• CTI has served large institutional clients in the Nordic area since 2005
• The CTI team has a long and successful track record in clean technologies
as entrepreneurs, investors and investment advisors
• CTI has been mandated official cleantech accelerator status by the
Ministry of Employment and the Economy
• CTI is the manager of early stage cleantech investment fund, Clean Future
Fund (CFF)
www.cleantechinvest.com

3. About General Market/Investment
Environment…
• Many investors perceive the current global financial situation negatively…
• However, the global financial crisis has changed the landscape in favor of
strategic investors…
• These factors create a terrific venture capital opportunity for those who
can balance risk and return
www.cleantechinvest.com Confidential

4. Foundations Behind Cleantech Boom
• Globally, we have entered a period where we realize there are finite
resources
• Resources
Basic
Energy
Food
Fuel
Arable
Land
Water
Materials
• The world is becoming strained by rising demand
• Public awareness of these trends is significantly affecting society
• These trends will not subside until massive amount of new technologies
and solutions are deployed
www.cleantechinvest.com

5. Overview of Cleantech Areas
• Cleantech as an investment theme cuts across multiple industrial sectors
New
Clean
industrial
Energy
Waste
Water
materials
processes
Renewable
energy
Hazardous
waste
Industrial
pollu)on
Nanotech
treatment
abatement
Energy
storage
and
Purifica)on
distribu)on
Light
materials
Recycling
Air
pollu)on
control
Desalina)on
Energy
efficiency
and
Biomaterials
Sensing
&
Control
Power
plant
conversion
reliability
Irriga)on
efficiency
improvements
Chemical
subs)tutes
Waste
minimiza)on
Environmental
metering
www.cleantechinvest.com 5

6. Overview of Growth Drivers
.
Increasing
cost
of
Climate
policy
&
Energy
security
&
Water
scarcity
&
Decreasing
cost
of
new
energy
and
natural
environmental
geopoli)cs
pollu)on
technologies
resources
regula)on
www.cleantechinvest.com 6

7. Where is the growth opportunity?
• The truly innovative technologies, that will have to be separated from the
massive branding “green wash” of traditional industry, involve
• new clean resources
• displacement of unsustainable traditional ones
• Material and energy efficiency
• Population growth not sustainable in relation to resources...energy and
resource scarcity to be greater growth driver than climate change
• Supply and demand
• Energy vs materials
• Absolute vs relative
• down shifting and declining standard of living?
www.cleantechinvest.com

8. Some Cleantech Sweetspots for Nordics
• Nordic area produces large and disproportionate number of high quality
innovations but industrial investments into Nordic area will be limited in
coming years..
• Build from national strengths and seek leadership in high value added
activites and value chains dominating segmets
• Energy efficient buildings
• Energy efficiency in industry
• Electrification of transportations
• Forestry: new materials vs energy
• Offshore / Ocean: energy and biomass
• Technology increasingly sold as a service concepts
www.cleantechinvest.com

9. Policy Matters
• How do we get Nordic companies to be the solutions providers
and brands in growing international cleantech market?
• Advanced / leading home market is a big benefit
• How to finance pilots?
• PPP model in financing growth companies
• Education
• Nordic countries role in global economy – early stage ”Idea
Engineering”, production of new product and process innovations.
www.cleantechinvest.com

10. Strategy in Action...
www.cleantechinvest.com

11. Thank You
Lassi Noponen | +358 40 501 5127 | lassi.noponen@cleantechinvest.com
www.cleantechinvest.com