VantagePoint Venture Partner’s Portfolio Companies Take Top Rankings in Guardian’s Global CleanTech 100
Three Portfolio Companies Included in Top 10, 13 in Top 100
San Bruno, CA – September 9, 2009 – VantagePoint Venture Partners is pleased to announce that a majority of the firm’s clean technology investments have been recognized as leaders by The Guardian, a London-based media group, in its annual 100 Global CleanTech Companies rankings.
As a leading global venture fund focused on financing the transformative companies of the 21st century, VantagePoint is qualified by the recognition of its portfolio companies in this year’s listing. Three VantagePoint portfolio companies ranked in the Top 10: Bridgelux, BrightSource Energy and Tesla Motors. In addition, 10 other VantagePoint companies were included in the Top 100: AlertMe, Better Place, Chemrec, Cobalt Biofuels, Mascoma, Ostara Nutrient Recovery Technologies, SolarCentury, Solazyme, Tendril Networks and Ze-Gen.
Together, these 13 companies constitute 62% of VantagePoint’s clean technology portfolio, the greatest percentage of any venture firm on the list.
The Guardian CleanTech 100 represents the global breadth of the CleanTech opportunity set. Of the 13 recognized VantagePoint companies, four are internationally based and nine have international operations spanning Europe, Asia, Australia and the Middle East.
The CleanTech 100 companies were chosen by The Guardian and a 37-firm judging panel comprised of major exchanges, advisory groups, industry leaders, financiers and venture firms. Selections were made on the basis of environmental impact, progress to date, company vision, market size and potential.
“We see this as affirmation of our sector-specific investment strategy focused on funding the transformative companies of the 21st century. We are extremely fortunate to be partnered with the world’s leading companies in the most relevant sectors and are gratified that our peers evaluating the CleanTech 100 chose to recognize this,” said VantagePoint CEO and Managing Partner, Alan Salzman.
The CleanTech 100 is the third significant independent ranking of the world’s leading CleanTech companies this quarter. In July, BusinessWeek’s, “25 Companies to Watch in CleanTech” featured an industry leading seven VantagePoint portfolio companies within the article. Earlier in September, AlwaysOn Going Green featured eight VantagePoint companies in its GoingGreen 100: Top Private Companies of 2009 and named BrightSource Energy as the #1 Company in CleanTech.
About VantagePoint Venture Partners
VantagePoint Venture Partners is a leader in investing in 21st century technologies and partners with entrepreneurs in the CleanTech, Healthcare and Information Technology sectors. With an extensive industry-leading investment team of experts, a broad network of important Strategic Partners and Senior Advisors, and more than $4.5 billion in committed capital, the Firm has the depth of resources to help build transformative companies that are clear leaders in their fields. The Firm, headquartered in Silicon Valley with important offices in Hong Kong and Beijing, has investments in more than 70 companies, including notable CleanTech companies Better Place, Bridgelux, BrightSource Energy, Chemrec, MiaSolé, Ostara Nutrient Recovery Technologies, Premium Power, Solazyme, SuperBulbs, Tesla Motors and Tendril Networks. For more information, visit www.vpvp.com.