The goal is to invest in startups to make products to increase the supply of power or make energy more efficient, as well as create software that tie the two together. The movement just happened to coincide with sweeping business changes brought about by the Internet. Jake TarrEveryone is taking more careful look at the power industry, and theyre recognizing theres lot of opportunity to improve the reliability of the industry, says Jake Tarr, managing director of Kinetic Ventures. My Yahoo! .
The company registered to go public in at 16 per share and was trading at 32. 87 this morning. And thats put increased demand on the power industry. What kind of earlystage companies are VC firms backing? Nth Power invested 5. 1 million in Capstone TurbinenasdaqCPST news people in Chicago will for the first time open its doors to traditional limited partnerslike pensions, endowments and foundationswho were drawn to the tripledigit returns of previous funds, Tarr says. Its like venture capitalists investing in telecom in 1983 think of all the deals, all of the new products that have come to the market.
Thats why Nth Power, EnerTech Capital Partners, MicroGeneration Fund and Kinetic Ventures say theyre having field day investing in companies with ties to the utilities industry. And thats put increased demand on the power industry. What kind of earlystage companies are VC firms backing? Nth Power invested 5. 1 million in Capstone TurbinenasdaqCPST news people in Chicago will for the first time open its doors to traditional limited partnerslike pensions, endowments and foundationswho were drawn to the tripledigit returns of previous funds, Tarr says. Its like venture capitalists investing in energy startups?
The company registered to go public in at 16 per share and was trading at 32. 87 this morning. > Email .Print .Comments .Request Reprints .EMail Newsletters While Kinetic is seeing lot more deals come through its office, it has only invested in one company since compared with all of last year. Thats why Nth Power, EnerTech Capital Partners, MicroGeneration Fund and Kinetic Ventures say theyre having field day investing in companies with ties to the utilities industry. Were just at the beginning here.
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