New Zealand cleantech fund seeks Kiwi investment opportunities in renewables

In New Zealand, the Herald is reporting that the Rutherford Innovation Fund is looking to invest up to $50 million in cleantech companies with New Zealand companies or companies with operations in the country.

The fund, raised by Milestone Capital, has already invested in algae pioneer Aquaflow Bionomic as well as Carbonscape, a carbon capture and storage technology. The general theme of the fund is acceleration or expansion funding for early-to-mid stage companies who have completed their early-stage demonstrations.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Earthrace skipper blasts NZ gov’t: “a Kiwi beat a world record using a bio-fuelled boat, but we can’t get biofuels in our own country.”

In New Zealand, Pete Bethune, skipper of the round-the-world speedboat Earthrace, said that “It is ironic that a Kiwi beat a world record using a bio-fuelled boat, but we can’t get biofuels in our...

Khosla raises new $1 billion in two funds for cleantech investment

In California, Khosla Ventures has announced two new cleantech investment funds with a combined $1 billion in fresh capital. The first fund, $250 million in size, will fund new startups, while the ...

VC investment in alternative fuels, solar soars by 35% in 2007

Cleantech investment by venture capital increased to $1.1 billion in the first half of 2007, up 35% from 2006. Activity focused on US solar investment and alternative fuels....

Denmark, Germany, Sweden lead 10 top Cleantech countries list; US 7th

The Cleantech Group and Sustainable World Capital released an analysis of the top 10 cleantech countries of 2009, naming Denmark as the global leader in cleantech. The report rated Germany as #2, S...

GFX Alternatives launches new $1 billion multi-manager alt energy, clean tech portfolio;

In New York, GFX Alternatives announced that it has launched a new multi-manager portfolio to invest in the dynamic alternative energy investment sector.  The firm is led by a management team of vete...

Calvert, KBC fund managers say White House focus on cleantech could benefit investors as soon as 2010

In Maryland, the principals of Calvert Investment and KBC Asset Management said that the possibility of federal carbon regulation and a resulting carbon price, a White House focus on major investments...