LONDON, 26 March 2021 – Cleantech start-up/scale-up go-to-market growth specialists NovAzure Ltd and International law firm Brown Rudnick LLP presented their Fourth Annual Clean Technology Pitch Event on 23 March. Neil Foster, Brown Rudnick Partner and Chair of the Firm’s Technology Group, co-hosted the event with Jean-Jacques Jouanna, a Managing Director of NovAzure.
The online pitch event showcased the cleantech industry’s most exciting companies presenting their businesses. Neil Foster chaired a discussion with a panel of a dozen VCs and corporate VCs from the UK, US, France, and Japan. Jean-Jacques Jouanna presented a top-line summary of key investment trends in the cleantech marketplace and predicted a positive outlook for growth as the world emerges from the Covid crisis and lock-downs. Participants also heard from keynote speaker Stephen Price, Investment Director of the Clean Growth Fund. In total, there were over 80 attendees, 28 of whom were funds active in the cleantech space.
The pitch event audience included funders and founders of emerging companies in the energytech, cleantech, mobility, renewables, and environmental technology sectors. The candidate pool featured private companies that were awarded prizes as voted on by the panel and the audience.
The Best Presentation Award winners: 1st Place went to Rovco & Vaarst; 2nd Place to Iceotope; and 3rd Place to Beringar. The Most Fundable Award winners: 1st Place went to Iceotope; tied for 2nd Place were Rovco and Beringar; and 3rd Place was Anodox.
Rovco & Vaarst, a provider of energy industry robotics and hydrographic services, will fund an international expansion and a partner network for channel sales, among other projects. Iceotope will fund its next generation cooling technologies to manage the heat generated by electronics from the cloud to the edge. Beringar will fund its building intelligence solutions that help its clients understand real estate resource efficiency, improve indoor environment quality, and to reduce carbon emissions. Anodox, a manufacturer and supplier of high capacity, high power batteries, and IoT modules, will seek certification of cooling tech development, among other projects.
Jean-Jacques Jouanna, NovAzure Managing Director, said: “The NovAzure team was very excited to co-host our Fourth Cleantech Pitch Event with Brown Rudnick. The cleantech trends that we presented in the session predict healthy investment growth in 2021/2022, alongside regulation pressure, countries and corporates making carbon-zero pledges and a shift of customers’ expectations towards greener solutions. We were impressed by the quality of companies that pitched at the event, as well as the high profiles of investors that joined us. We look forward to continuing to connect promising Cleantech Ventures with investors to contribute to the future of cleantech growth.”
Neil Foster, Chair of the Firm’s Technology Group, commented, “The winners’ presentations were compelling and they are well deserving of the many opportunities open to them. The 14 pitch companies were selected from the largest number of applications that we have seen, reflecting the importance of environmental technologies and innovation as we emerge from the lockdown. We are very excited to present our Fourth Annual Cleantech Pitch Event bringing together emerging cleantech companies and impactful investors and we look forward to the Fifth Annual event being face-to-face.”
NovAzure was created because of a shared belief that a vision of ‘clean energy and mobility’ is attainable if we unlock innovation smartly across Start-ups, Corporates and Investors. We support Start-ups/Scale-ups with strategy, go-to-market, and fund raising; we facilitate Corporates partnering with start-ups, to accelerate their growth and create their own in-house Start-up accelerators; and we work with Investors to provide curated investment opportunities, due diligence and deal shaping.
Brown Rudnick’s Technology Group has advised on hundreds of transactions worth billions of dollars in over 50 countries. The Group acts for companies in the technology space on a range of legal issues, including advising on transactions involving cleantech, environmental technology, corporate venturing, impact investing, fintech, blockchain technology, cryptocurrency, heath care, and digital health.
About Brown Rudnick LLP
Brown Rudnick combines ingenuity with experience to achieve great outcomes for our clients. We deliver partner-driven services, with a focus on collaboration in the client’s best interest. Brown Rudnick is an international law firm, serving clients around the globe. The Firm has offices in key financial centers across the United States and Europe. We are recognized for our market-leading practices covering several targeted industries, including technology, bankruptcy and corporate restructuring, life sciences, litigation and arbitration, intellectual property litigation, corporate finance, white collar defense and government investigations, special situations, strategic capital, distressed debt, real estate, M&A, and cross-border deals and disputes.