Element 8 Distributes Record $6.1 Million To Clean Tech Companies In 2016

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Founded in 2006, Element 8 is the first angel investment group in North America to focus exclusively on cleantech investments. It continues to be a leading funder of early stage companies across the continent. Element 8 combines its members’ collective expertise with outstanding entrepreneurs to help build successful companies that can accelerate the transition to a cleaner future and prosperous sustainable world.

Element 8 Clean Tech Fund

To date, the fund’s members have invested more than $29 million in 74 companies and capital funds in California, Colorado, Hawaii, Illinois, Maryland, Montana, New York, Oregon, Virginia, the state of Washington, Washington, D.C., and British Columbia, Canada. Element 8 members can be private individuals who are accredited investors or corporations, partnerships, and non-profit organizations.

In 2016, Element 8 provided a record $6.1 million to 27 innovative clean technology companies. Almost $5,000,000 was invested by Element 8 members, another $600,000 was invested as equity through syndication and $550,000 was invested by the Element 8 Fund.

“The amount of funding not only reflects the strength of new and follow-on investment opportunities across the cleantech sector, but also the range of mechanisms, from debt to equity, and from syndication to the Element 8 Fund,” said Eric Berman, the fund’s co-chair. “Element 8 and its members continue to be the go-to resource that connects innovative cleantech companies with investors seeking purpose-driven and impactful returns.”

Element 8 is composed of a community of accredited angel investors. They are successful executives, engineers and entrepreneurs who provide investment capital, connections, and strategic advice to assist early-stage cleantech companies. Such support plays an important role in their ability to achieve market success.

Whether they are seasoned investors or new angels, the members of Element 8 share a desire to learn and gain access to quality deal flow and other tools for making successful investment decisions. Element 8’s cooperative due diligence process, powerful business network, and impactful education opportunities provide members the opportunity and knowledge they need to create a diverse portfolio that meets their unique investment goals.

Companies that receive an investment from Element 8 get more than just capital. They become part of a national network of people with a shared vision and a commitment to collaboration. The fund’s members offer such early-stage companies strategic and operational guidance to help them accelerate development and commercialization.

Building critical relationships across the cleantech ecosystem of investors, customers, peer companies, strategic partners, and research institutions is often the difference between success and failure for such companies.

Individuals or organizations wishing to become Element 8 members may do so online using the group’s easy new member tool.

Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Latest CleanTechnica.TV Video

CleanTechnica uses affiliate links. See our policy here.

Steve Hanley

Steve writes about the interface between technology and sustainability from his home in Florida or anywhere else The Force may lead him. He is proud to be "woke" and doesn't really give a damn why the glass broke. He believes passionately in what Socrates said 3000 years ago: "The secret to change is to focus all of your energy not on fighting the old but on building the new." You can follow him on Substack and LinkedIn but not on Fakebook or any social media platforms controlled by narcissistic yahoos.

Steve Hanley has 5538 posts and counting. See all posts by Steve Hanley