Cleantech and Venture Capital

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Cleantech and Venture Capital

• Timo Petäjä, Senior Partner
• Bio Fund Management Oy Ltd

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Bio Fund in Brief

• Established in 1997
• One of the leading VCs in Life Sciences in
  Europe
• Offices in Helsinki, Turku and Copenhagen
• Scientific Advisory Board
• Business Advisory Board
• Managing gt 200 million in three funds
• Mainly Finnish investor base

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Investment Sectors

• The main investment sectors include
• pharmaceuticals
• medical technologies
• cleantech
• nutrition

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Main Features

• Experience over economic cycle
• Global high quality deal flow
• Systematic investment process
• Proven dealing ability
• Wide international network in business, science
  and investing
• Lead/co-lead investor
• High quality syndicates
• Excellent investment and exit record

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Investments Made

• Investments
• 43 investee companies
• 6 IPOs/public Helsinki, Oslo, London (2),
  Stockholm, Toronto
• 7 trade sales
• 9 countries (Finland, Sweden, Norway, Denmark,
  Germany, UK, Switzerland, USA, Canada)

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Cleantech

• Cleantech covers a combination of different
• technologies
• Cleaner energy, less energy
• Cleaner production
• Cleaner and environmentally friendly raw
  materials
• Less emissions and less (cleaner) wastewater
• Biotechnology has a big role in cleantech concept

Source Cleantech Venture Network
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Source Chris Madden Environment Cartoon
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Investment Drivers 1/2

• Environment
• Wastewater cleaning plants
• Recycling plants
• Wastedumps
• Sustainable development
• Biotechnology
• Energy
• Raw materials

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Investment Drivers 2/2

• Technology drivers
• New energy sources
• Closed processes
• Recycling
• Automation
• Demands drivers
• Legislation
• Directives
• outsourcing

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Finnish Special Opportunity

• Byproducts in the forest industry
• Bioenergy, solid and liquid
• Closed industrial processes
• Soft technologies
• Biodegradable materials
• Purification technologies

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Special Areas of Investment Interest

• Environment
• Innovative energy generation technologies and
  products
• Water, waste, soil and air treatment technologies
  and products
• Environmental monitoring devices and services
• Industrial manufacturing
• Cleaner processes via the use of modern
  biotechnology and process control
• New biobased end use products
• Sustainable development
• Plant bioreactors to produce new raw materials
• Biofuels
• Improved plants/trees for higher yields and
  better resistance
• Bioprotection of plants/trees

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Cleantech and Venture Capital

• Expertise for all stages of investment process
• Understanding and active participation in
  business management
• Combine experiences (scientific, commercial and
  other VC partners)
• International network (business and technology)
• From technology platform to business

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BioFunds Sector Expertise

• Modern biotechnology
• Bioenergy
• Biodegradable materials
• Wood processing and byproduct utilization in
  forest industry
• Global know how export
• Industrial process development

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Source Chris Madden Environment Cartoon