Israel Venture Capital Jounal: "Can cleantech sail through the slump?"

The current issue of the Israel Venture Capital Journal, published by the IVC Research Center, is now available online.

Entitled "High C: Can cleantech sail through the slump?" (pdf), the issue contains a list of Israeli cleantech companies and articles by cleantech investors and entrepreneurs, government officials, and service providers:

• Sustainable development is essential for our future, by Minister of National Infrastructures, Benjamin (Fuad) Ben-Eliezer
• Belt tightening impacts cleantech trends, by Richard Youngman, Managing Director (Europe) of Cleantech Group
• The landscape has changed, but the opportunity persists, by Zeev Holtzman, Chairman of IVC and Giza Venture Capital
  
• Adjusting to cleantech investment, by Eytan Levy, CEO of Emefcy, and Gene Dolgin, analyst at Israel Cleantech Ventures
• The next cleantech frontier: Africa, by Daniel Schwab, Managing Director of Kayema Investments, and Miriam Schwab, CEO of Illuminea Marketing & Media
• Solar thermal energy: Israel and the Obama opportunity, by David Anthony, Managing Partner at 21Ventures
• Cleantech, Clusters, and Convergence: How investors and entrepreneurs combine to save the planet, Prof. Philip Cooke of Cardiff University
• US Government Grants: An alternative source of funds for Israeli cleantech startups, by Itai Nevo and Jonathan Shapira of Goodwin Procter LLP
  
• Cleantech calls for a different VC approach, by Rafi Gidron, Orni Petruschka, Nimrod Good and Albert Olier of Precede Technologies
• Light and harmony come mainstream, a profile of Arnold Goldman, Chairman of BrightSource Energy
• Everything you (n)ever wanted to know about cow manure, by Shlomi Ben-Arush, Marketing Manager at Global Environmental Solutions
• Early stage investing in a challenging environment, by Astorre Modena, General Partner of Terra Venture Partners
• The next opportunity in cleantech: A holistic approach to the water and energy nexus, by Booky Oren, Chairman of Miya
  
• In a downturn, aggressive communication and PR are key, by Steve Schuster, CEO of Rainier Communications
  
• Yes, Israel can take advantage of opportunities in cleantech! by Sarit Soccary Ben Yochanan, CEO of ATI Incubator
  
• Cleantech IP trends: intellectual property management from a business perspective, by Sharon Dayan, VP of Business Development at GTT Global Technology Transfer
  

Launching the Boston Israel Cleantech Alliance

I moved from Tel Aviv to Boston last month to begin working as an associate in the Business Law Department of Goodwin Procter LLP, a law firm with a substantial Clean Tech Practice.

Boston, like Israel, is emerging as a leading hub for cleantech research, development, and entrepreneurship. The Boston Israel Cleantech Alliance will be working to connect cleantech investors, entrepreneurs, academic researchers and government officials in both places, and the group is helping organize a number of upcoming events.

Israel Cleantech Investor Conference

On October 28, 16 Israeli cleantech venture capital funds and startups traveled to New York and Boston to meet with private equity, venture capital, and angel investors.

Participating startups included Aquapure Technologies Ltd., Aquatal Ltd., Cequesta Water Ltd., CheckLight Ltd., Coriolis Wind Ltd., CQM Technologies Ltd., En Gibton Ltd., Engineuity Ltd., EPC Wastewater Solution Ltd., Leviathan Energy Ltd., and RealiteQ Ltd.

The Israeli cleantech funds were: AquAgro Fund LP and its parent Gaon Agro Industries Ltd., BDB Technologies & Hi-Tech Investments Ltd., Israel Cleantech Ventures, MIYA, Precede Technologies Ltd., and Whitewater Technology Group.

In Boston, each participant made a 10-minute presentation in the morning and had an opportunity to meet one-on-one with investors like North Bridge Venture Partners and Atlas Venture in the afternoon. A formal reception in the evening included a presentation by Booky Oren, CEO of MIYA and Chairman of WATEC 2009, and a keynote address by Massachusetts Governor Deval Patrick.

You can read press coverage of the events in the Jerusalem Post and Globes and view photos online.

Environmental Symposia Featuring Experts from Ben Gurion University

On November 12, three professors from Ben-Gurion University of the Negev will be in Boston to give presentations on their respective cleantech-related fields of expertise. Prof. David Faiman, who is also CTO of ZenithSolar, will speak about solar energy; Prof. Isaac Meir will discuss "green" architecture; and Prof. Zeev Wiesman speak about biofuels.

You can find more information about the lunchtime and evening symposiums and RSVP at the Boston Israel Cleantech Alliance meetup page.

Biofuels: The Good, the Bad, and the Ugly - A Presentation by Dr. Isaac Berzin

Dr. Isaac Berzin is the founder of Cambridge-based GreenFuel Technologies -- a venture-backed developer of algae-based biofuels -- and the founding director of the Institute for Alternative Energy Policy at the IDC in Herzliya, Israel. Earlier this year, Dr. Berzin was named by Time Magazine as one of the 100 most influential people in politics, business, and science.

Back in June, I had the honor of hosting Dr. Berzin at a CleanIsrael meetup event in Ramat Hasharon.

On November 20th, Dr. Berzin will speak to an audience of venture capitalists, entrepreneurs and graduate students at Harvard Business School. The event is sponsored by Goodwin Procter LLP and Combined Jewish Philanthropies (CJP), in collaboration with the HBS Business & Environment Club, Harvard Kennedy School's Israel Caucus, MIT-Israel Program, and the New England Israel Business Council. You can find out more and RSVP at the event's meetup page.

Shai Agassi, CEO of Better Place

Shai Agassi of Better Place is scheduled to visit Boston on December 3rd and 4th. Stay tuned for more details.

Cleantech Israel group featured in Globes

The Cleantech Israel meetup group was recently featured in "Globes", and I am re-posting the article below. Highlights and a photo from the group's first event are also available on this blog.

Cleantech Israel enables people (including entrepreneurs, investors, academic researchers and government officials) to meet and exchange ideas about the renewable energy, water, and environmental sectors.

The group's next event, on April 29, will include a presentation by Alon Tamari, Co-CEO of SolarPower Ltd., followed by time for networking. You can join the group and RSVP for the next event at our web page.

"Globes": Cleantech industry networks in Israel

About 50 representatives from various parts of Israel's cleantech industry recently met in Herzliya Pituach to launch a networking initiative. They included venture capitalists, entrepreneurs, Ronit Golovaty from the Israel Export and International Cooperation Institute and even Jaclyn Marcus from the California Public Utilities Commission. The meet-up was organized by Jonathan Shapira, from Boston, and Gene Dolgin from Tel Aviv. The Cleantech Israel group currently has 134 members.

Jonathan Shapira is a law student from Boston who is currently serving an internship with Israel Cleantech Ventures, where Gene Dolgin is an analyst. The US law firm of Goodwin Procter LLP, which has an extensive Clean Technology Practice, sponsored the meet-up. Shapira says that he will soon be working for the firm.

Shapira and Dolgin, aware that there are similar cleantech networking groups in places like Boston and Silicon Valley, decided to organize the group to enable key players in the industry in Israel - entrepreneurs, investors, academics, and government officials - to meet and exchange ideas. Shapira notes that while Israel has many strengths when it comes to cleantech, the lack of government support, especially when compared to what is happening in other countries, may hold the industry back. He hopes that members of the Cleantech Israel group, together with other organizations such as Waterfronts - Israel Water Alliance, and the newly created Israel Energy Forum, might be able to persuade the government to implement better policies related to renewable energy, clean water, and the environment.

Shapira told "Globes", "Gene and I decided to organize the network together, and we received a strong response, especially from entrepreneurs and investors. Other parties quickly joined, including academics and a few government officials.

The participants at the Cleantech Israel meet-up included former Gemini Israel Funds partner Tali Aben; Genesis Partners principle Gil Dibner; Terra Venture Partners LP general partner Dr. Harold Weiner; and Israel Cleantech managing partner Jack Levy. Levy noted, "Although Israel entered cleantech late, great things have emerged here within only three years, on both the entrepreneurs and the funds side."

Participating entrepreneurs included low-cost regenerative fuel-cell developer Enstorage Ltd. CEO Eran Yarkoni, wastewater treatment solutions developer AqWise Ltd. VP business development Udi Leshem; Emefcy Bioenergy Systems CEO Eytan Levy, who previously co-founded AqWise; Phoebus Energy Ltd. CEO Yoav Ben-Yaacov; Ashkelon Technological Industries (ATI) cleantech director Rafi Nevo; and Noam Ilan, who is the project manager of the alternative energy park under construction at the Eilot Regional Council in the southern Negev.

Highlights from first Cleantech Israel meetup event

On March 27, Shai Agassi was in Copenhagen to announce a partnership between Project Better Place and DONG Energy to develop a network of electric-car recharging stations in Denmark.

Meanwhile, back in Israel, more than fifty people, including a mix of entrepreneurs, venture investors, government officials and other key stakeholders in the industry, participated in the launch of the new Cleantech Israel meetup group.

The event, held at Max Brenner on Hamenofim St. in Herzliya Pituach, included presentations by Jack Levy, General Partner at Israel Cleantech Ventures, who provided an overview of recent developments in the sector; and Eran Yarkoni, founder and CEO of EnStorage, who gave a start-up's perspective on licensing "clean-tech" technology. EnStorage recently completed a financing round from Greylock Partners, Canaan Partners of the US, and Siemens Venture Capital, and its technology is licensed from Tel Aviv University.

I would like to thank everyone who participated, including individuals from cleantech companies Aqwise, CheckLight, Edig Solar, Emefcy, En Gibton, Phoebus Energy, and TechnoSpin Wind; and from investors such as Genesis Partners, Lab-One Innovations, Magnolia Capital, Moreno Meister, Naiot, and Terra Venture Partners. Also in attendance were Yael Cohen Paran, the Director of the new Israel Energy Forum, and Tsvi Bisk, the creator of the Jewish Energy Project.

A special thanks to Noam Ilan, the Director of Renewable Energy in Eilat-Eilot, and our guest from the California Public Utilities Commission, both of whom traveled a long way to join us.

I would also like to acknowledge my fellow bloggers -- Tali Aben, Lisa Damast, and Kfir Pravda - it was great to meet you in person!

The event was sponsored by Goodwin Procter LLP, a U.S. law firm with an extensive Cleantech Practice.