High potential UK cleantechs head to Silicon Valley
Companies set to meet potential investors, partners and suppliers on US 'mission'
Sixteen of the UK’s most promising start-ups in the cleantech sector are hoping to open up their business to the US market with a trade mission to San Francisco, the heart of the country’s innovation in technology.
The Clean and Cool Mission, which will last one week and follows similar initiatives such as Web Mission, is being organised by UK Trade & Investment (UKTI) and is set to include meetings with investors, supply chain partners and potential customers. It is being timed to coincide with San Francisco’s Cleantech Group’s Global Forum.
It is hoped the mission will give a new boost to Britain’s cleantech industry. Previous missions have led to $180m-worth of private finance investment, while around 20% of delegate businesses now have a US-subsidiary.
UKTI chief executive Nick Baird said: “This is an exciting and important mission, and we look forward to helping them build their understanding to achieve success in the lucrative US low carbon market, develop partnerships with American companies, and attract the attention of the US venture capital community.”
The 16 businesses will depart for the US on March 24 and return on March 31. They represent a range of specialisms including energy storage, agriculture and food, water, renewable energy, transport and energy efficiency.
The companies due to go on the trade mission are:
… Aeristech … Cella Energy … Energy Deck … Green Structures … G-Volution … Highview Power Storage … Moixa Technology … Naked Energy … Oxford Photovoltaics … RE Hydrogen … SAVortex … SEaB Energy … Seawater Greenhouse … VerdErg Renewable Energy … Whitefox Technologies … Zeta Controls