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October 25, 2006
Cleantech Europe Adds €15M And New Partners
There is a bit more money and more savvy for renewable and efficient energy startups in Europe now. zouk ventures has added Tom Singh as a new partner that brings in some renewable energy investment expertise, a track record in the retail biz, and some private equity savvy. Singh family office also committed €15m to Cleantech Europe, their largest cleantech fund investment to date.
It also added Alois Flatz, co-founder of the Dow Jones Sustainability Index, a former partner at Zurich's SAM Group and he is on the board of BTS Investment Advisors, a specialist financial consultancy and investment boutique focusing on private equity investments in India.
zouk's strategy is to invest in expansion stage deals, as opposed to early stage. It aims to raise €150M for this fund and it is now at about €40M if our sources are correct.
Read - zouk ventures is Pleased to Announce Two Senior Appointments (press rel.)
Posted on October 25, 2006 06:13 AM | Posted to News And Updates | Permalink
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