INVESTMENT STRATEGY

ETF works with entrepreneurs to build great growth companies that deliver big environmental benefits – companies variously described as GreenTech or CleanTech

We are normally a lead investor, active on the boards of companies we support. We focus primarily on European companies that already have some revenue and have great growth prospects, although we have the ability to invest both at an earlier and a later stage. Typically we support a business through more than one investment round, committing €5m-12m overall.

Typically we like companies that have the following attributes:

• Huge growth prospects – typically because of meeting a critical customer need
• One or more great customers
• The potential to lead their market, as they define it
• Sustainable competitive advantage – typically because of some unique technology
• The key individuals have demonstrable integrity and execution capability
• A business model that is highly scalable and relatively capital efficient
• Probably not in a sector already crowded by other venture-backed companies

The markets we focus on are primarily within the high growth segments of:

• Energy efficiency and power conservation
• Renewable energy generation
• Material sciences and their industrial applications
• Environmental services, waste reduction and recycling
• Water – treatment and conservation
• Transportation
• Agriculture and silviculture