From niche to mainstream: advancing partnerships in green investing

about metrics matter

Funding innovation drive sustainable technologies forward

reason of founding Emerald Technology Ventures

what changing how people think about sustainability investing

sustainability
start-ups and investors can succeed

become more realistic

valuations were too high so reduce the investment

get experience from through
cycles before

advice give to the
next generation of green founders

Understanding a start-up’s ability to generate cash

to know what the economic cycle is
going to be

selecting and nurturing potential future
green unicorns

massive shift regarding climate change

opportunities for sustainability in the industrial sector

look at the company’s financials to assess its viability and
suitability for investment

prefer early commercialization

Flexibility in Exit Timelines and Investment Strategies

a four to five-year timeline to exit e can also invest for
longer

had successful exits after 12 years

Reacting Based on Attractiveness

With different windows of opportunity we react based on what is attractive

solar

others

stand-alone economic value

continue to innovate

decrease cost curve

.

Corporate Perspective on Innovation

IP Protection and Collaboratio

Key Differences

Unrealistic expectations about IP ownership can hinder collaboration.

Industrial technology VC focuses on technologies that corporations need to adopt for climate commitments, which may be unrelated to their core business.

Corporations understand the need for open innovation to drive their business goals.

They cannot rely solely on their R&D capacity and often pivot to develop or invest in green technologies.

Emerald created a structured framework to ensure clarity in IP ownership throughout the collaboration process.

Companies tend to protect their IP and technology, leading to challenges in collaborating with start-ups.

Example of IP Framework

A US corporation no longer asks for exclusivity but requests an 18-month head start instead

Start-ups benefit from continued testing, piloting, and fine-tuning of technology

Start-ups often require corporate collaboration to access established market channels, setting industrial technology VC apart from general VC.

Industrial Technology Venture Capital vs. General Venture Capital