East Bay Series: The State of Clean Tech
Note: Online Registration is now closed - Please register at the door. Thank you!
Topic: The State of Clean Tech
Investment in the U.S. Clean Tech industry went from $286 million in 2001 to $3.7 billion in 2010. In 2010, Clean Tech represented 17% of total VC investment in the United States. In the first quarter of 2011, venture investments in Clean Tech fell 44% compared with the first quarter of 2010. VCs seem to be more cautious about the sector. Of the $1.1 billion invested in the U.S. Clean Tech sector in the second quarter, 67% went to later-stage companies. So, given these dynamics, will venture firms be able to raise the money they need to make investments in clean energy? What, if anything, does Khosla Ventures’ recent success raising a $1.05 billion fund (50% earmarked for Clean Tech) portend for the venture investing in Clean Tech? And, will entrepreneurs be able to rely on venture capital? Our panel of clean technology VCs will address these important questions and yours.
Christina Ellwood, Principal, Moreland Associates (www.morelandassoc.com)
Moreland helps technology companies build market traction. Moreland Associates is a select group of talented senior executive entrepreneurs with expertise in infrastructure technology for the telecommunications, Internet and IT industries.
Steve Hahn, Sr. Research Scientist, The Dow Chemical Company
Stephen F. (Steve) Hahn is a Senior Research Scientist in the Ventures and Business Development organization at the Dow Chemical Company. His responsibilities include the identification of new science and technology opportunities that are consistent with Dow's strategic interests and developing Dow businesses around new emerging technologies. He has 26 years of industrial experience in corporate and business research functions and has developed and commercialized several new materials at Dow. Steve Hahn graduated from Michigan Tech with a B.S. in Chemistry and from Central Michigan University with a Masters in Chemistry. He is a member of the American Chemical Society and has published 35 articles in refereed journals 4 textbook chapters and 32 patents.
Ryan Kottenstette, Investment Staff, Khosla Ventures (www.khoslaventures.com)
Prior to joining Khosla Ventures, Ryan was one of the first team members at Amprius, a venture-backed company developing next generation lithium ion batteries based on groundbreaking material science from Stanford University. Prior to Amprius, Ryan was an emerging technologies research engineer at BMW Group. He also conducted research at the National Renewable Energy Laboratory (NREL) focused on structural analysis of wind turbines and grid energy storage. Ryan holds an MBA from the Stanford Graduate School of Business, a Bachelor of Science in mechanical engineering from Santa Clara University, several patents related to thermal management and smart materials.
Matt Nordan, Vice President, Venrock (www.venrock.com)
Matthew joined Venrock in 2009 and focuses on energy, environmental and materials technologies. He is a board observer at OnChip Power and has worked closely with portfolio companies Phononic Devices and Atieva. Prior to Venrock, Matthew was President of Lux Research, an advisory services.
Sven Stroban, Investment Team, Mohr Davidow Ventures (www.mdv.com)An engineer at heart, Sven Strohband is a Partner at Mohr Davidow Ventures focused on energy storage and solar technologies in Cleantech and on machine learning and complex systems in Information Technology. Sven was formerly at the Volkswagen Electronics Research Laboratory (ERL) in Palo Alto, where he was responsible for discovering new materials and electronics technologies for automotive applications. He is a frequent judge for Cleantech and IT competitions such as the Cleantech Open competition, BASES in Stanford and the Berkeley Entrepreneurship Challenge.
5:30-6:30: Registration and Panel/Attendee Networking
6:30-6:35: Welcome, Announcements and Moderator/Panel Introductions
6:35-7:50: Panel Discussion with Audience Q&A
7:50-8:00: Closing Remarks and Announcements
8:00-8:45: Panel/Attendee Networking
Snack Food will be provided.
(Note: There is an additional $10.00 charge at the door. Online registration closes at 10:00 am on the day of the event).