Our investments focus on renewable and distributed power generation and energy-saving technologies, especially in electrical and power electronic applications. Of particular interest to us are innovations in which different forms of energy are converted into electricity such as wind and solar power, wave power, and biomass and in energy-saving applications, such as drive trains for industry, heavy mobile work machines and solid state lighting.
The aim of VNT funds is to generate superior returns for its investors. The specific targets are:
1. An IRR (internal rate of return) in excess of 25%.
2. A position in the top quartile of European venture capital funds.
VNT funds focus on clean technology, in particular on renewable and distributed power generation and energy-saving technologies in electrical and power electronics applications.
In addition to normal venture capital investing, we also establish new companies when it comes to interesting business opportunities or take an active role in spin offs.
With long experience and a proven track record in our focus area, we believe in a focused investment strategy and hands-on development.
The following criteria are emphasised before making an investment:
Committed, credible and capable management team
Credible business plan including technology and products
Potential for VNT to create added value
Investment terms and valuation
Power Fund I, II and Power Fund III are European clean technology funds that make minority investments. The investments focus is on the clean-tech industry, in particular on renewable and distributed power generation and energy-saving technologies in electrical and power electronics applications in the Nordics and in the German speaking Europe.
We provide reporting based on the guidelines of the European Venture Capital Association (EVCA). These reports are published semi-annually (Power Fund III quarterly).