Allen Silberstein’s Capital has Gone "Clean"
Allen Silberstein Launches New Early-Stage Venture Fund for Clean Energy Innovation.
- (1888PressRelease) November 14, 2022 - Allen Silberstein an investor in early-stage advanced energy start-ups, today announced his new Silberstein Clean Energy Fund targets the current capital gap for seed and early-stage investments in promising advanced energy innovations. Allen Silberstein’s Clean Energy Fund will focus on technologies and business model innovations that are ready to be scaled and commercialized, and that have the potential to significantly mitigate global greenhouse gas emissions.
Allen Silberstein believes that increasing commercial adoption of advanced energy innovations is creating opportunities to earn attractive risk-adjusted returns."
Allen Silberstein’s investment strategy is focused on a broad range of low-cost, capital-efficient advanced energy technology solutions that have massive emissions reduction potential. The fund has already made seven investments in sectors that include grid-edge connectivity and advanced metering, innovative materials and manufacturing processes applicable to carbon fiber composites and silicon-based solar wafers, residential and industrial energy efficiency, and smart grid sensors and software. Additional areas of interest include energy storage, grid connectivity, renewable energy production, clean transportation and the water/energy nexus.
Allen Silberstein stated that among investors in the clean energy space, we'll continue to focus on early stage advanced energy entrepreneurs with disruptive hardware and materials technology solutions and capital-light business models that have the potential to massively scale. That thesis continues to generate extraordinary interest for co-investment and acquisition by an increasingly broad array of energy and industrial sector incumbents seeking new business opportunities and low-carbon solutions to their operations. Our intention is to take significant steps towards realizing our ultimate goal of growing companies to scale and having a material impact on greenhouse gas emissions."
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