Posts filed under ‘Venture Capital’

Naturally Advanced Technologies Closes $13.1 Million Offering

We are pleased to announce the closing of our previously announced bought deal public offering of 3,800,000 units of the Company at a price of C$3.45 per Unit for aggregate gross proceeds of C$13,110,000 .  Each Unit is comprised of one common share and one half of one common share purchase warrant of the Company. Each Warrant entitles the holder to acquire one common share of the Company at an exercise price of C$4.50 per common share at any time before 5:00 p.m. PST on July 8, 2013.

We plan to use the net proceeds from the Offering for capacity expansion, debt repayment, working capital and other general corporate purposes.

Our CEO,Ken Barker, commented: “The support received for this Offering shows that the market, like Company management, believes that there is significant value in our “green tech” focus on providing environmentally-friendly textile, composite, biomass and pulping solutions through the cost effective process of converting industrial flax, hemp and other bast fibre crops through its patented CRAiLAR® and CRAiLEXTM technologies.  NAT brings sustainable bast fibre-based products to market, providing environmentally-friendly natural fibre alternatives for a broad range of existing and emerging product applications, with equivalent or superior performance characteristics to cotton, wood or fossil-fuel based competitors.”

08/07/2011 at 6:02 am Leave a comment

Global Corporations Plan to Increase Cleantech Investments

Venture capital investing recently rose to the second highest quarterly figure ever for the industry.  According to a new report out from Ernst & Young, three quarters of corporate investors surveyed said they plan to increase their budgets for cleantech investments between 2012 and 2014.

Specifically 44% of the corporate investors surveyed said they plan to spend over $50 million on cleantech, and 12 percent said they plan to spend over $250 million on cleantech during that time.  These are the types of companies that are international and have revenues of $1 billion or more, and are active in cleantech investing.

Forty percent of the corporate investors surveyed said they plan to spend their cleantech-targeted funds on research and development for cleantech products, while 20 percent of those surveyed said that they plan to increase cleantech investment in order to directly increase revenue.  The report says that companies invested in energy efficiency technologies during the down turn to save money, but then those efficiencies have now turned into a competitive advantage.

Acquisitions are also high on corporate investors minds.  The Ernst & Young report says that almost three quarters of respondents have acquired a cleantech company or plan to consider acquiring a cleantech company in the future.

07/04/2011 at 6:00 am Leave a comment

Cleantech Forum – From Data to Impact

Since 2002, the Cleantech Group has brought together numerous premier events for entrepreneurs, investors, enterprise CEOs, policy-makers and other global forerunners of the clean technology sector.

They will be holding their annual flagship West Coast Cleantech Forum in San Francisco from March 14th to 16th.  The region’s most important cleantech event of the year will be covering the innovations in information technology that are providing deeper insights into cleantech ROI and impact – and how the ability to measure and analyze performance will allow us to take cleantech to scale around the world.

The convergence of cleantech and information technology is ushering in a truly new era in clean technology, enabling faster global deployments, greater scale, and more precise measurement of impact than ever before.  Now, across all major sectors of the clean technology economy, the ability to collect, communicate, and analyze vast new streams of data is opening up opportunities for new technologies to come to market faster than ever before and offering decision makers more accurate, transparent insight into the effectiveness of cleantech deployments.  Energy, water, transportation, waste, and agriculture, are all being reshaped by information technology solutions that are allowing for the fundamental acceleration of global cleantech adoption.

Cleantech Forum San Francisco is the only clean technology conference that will unite the world’s leading corporate executives, investors, startups, and policy makers to explore the expanding opportunities and critical challenges at the cleantech and IT nexus.

The Cleantech Forum San Francisco will you get the insights and market intelligence to build a solid strategy and meet the entrepreneurs and global partners to put your plans into practice.

08/03/2011 at 6:30 am Leave a comment

Investor Update Conference

Don’t miss out on our most recent developments – join us today by phone at 2pm PST / 5pm EST for our Investor Update Conference Call .  NAT CEO, Ken Barker, will provide an update on recent corporate developments followed by a question and answer session.

To participate via telephone, please dial 800.967.7187, or +1 719.325.2418 for international callers, at least 10 minutes before the presentation start time.  The passcode is 7723359.

If you are unable to participate during the live call, the telephone replay will be available until midnight EST, December 16th by dialing 877.870.5176, or +1 858.384.5517 for international callers, and entering passcode 7723359.

09/12/2010 at 6:00 am Leave a comment

New World Captial Eyeing $100M Starter Fund

Cleantech Investing

Last week, investors announced the formation of New World Capital Group, a private equity firm that would invest in middle-market companies in the cleantech sphere.

Carter Bales, chairman and founding partner of New World,  stated that they would provide expansion to companies and related infrastructure projects in the middle market – “what is conventionally known as the ‘Commercialization Gap’ – the period before companies and projects can command large amounts of institutional capital.”

Bales told the New York Times that there is only $3 billion in private equity capital right now pledged to companies in the sector. He believes the sector is worth $300 billion.

The firms founders are seasoned professionals with several years of investment experience in companies and infrastructure projects in the environmental sector. They bring related skills in business operations and project management, project finance and development, and regulatory issues.

Watch out Khosla and Soros, these guys are fast on your heels!  They’re looking to raise $100M for a starter fund and plan to raise a fund worth $500M by the end of next year.

04/11/2009 at 7:45 am Leave a comment

Cleantech Hits the Jackpot!

Green, Clean Money

Billionaire George Soros announced an investment of over $1 billion into the Cleantech industry.   The world’s 29th richest man indicated that he was interested in investing in technologies that are both profitable and are effective in reducing global climate change.  This news comes one  month after Vinod Khosla announced that his firm had raised 1.1 billion for investment in Cleantech .

Thanks to the implementation and enforcement of laws with strong green house gas reduction targets, investors are eager to fund new solutions and provide a welcome reception for smart and innovative ideas to improve energy efficiency.

The result is cleaner sources of energy, clean air and a better environment and don’t forget the creation of thousands of green jobs.

13/10/2009 at 4:11 pm Leave a comment

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