The Latest Wave of Cleantech Investing Has Washed Over Us. Here’s What Is Left in Its Wake

By [email protected] The problems with the last wave of cleantech venture capital weren’t because of cleantech. And they weren’t because of venture capital.

That’s the conclusion that my colleagues and I came to some months back. It was based upon our prior eight years of experience investing via a broad range of approaches at a family office.

We looked back at our experiences, and what we consistently saw were companies that had gotten initial commercial traction with solutions that made a lot of sense economically and were increasingly proven — and yet the resulting strong growth one would expect never came to fruition.

We kept

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