Topic: Investing in the Second Wave of Energy Tech Companies
The cleantech startup opportunities have never left, and we’re now experiencing their second wave - low capex, nimble, and exciting - there has never been a better time to be an entrepreneur or investor in energy/sustainability companies.
We are undergoing the biggest transformation in our global economy since the Industrial Revolution. Within our lifetimes, multi-trillion dollar opportunities will present themselves as the energy ecosystem moves from fossil to renewable based. Falling costs are spurring tremendous investment and within this change there lie opportunities for startups to thrive.
Ten years ago “cleantech” startups were extremely exciting. However, high capex requirements and long exit times disappointed many in the industry. Now, however, we are seeing a second wave of entrepreneurial activity, driven by lower capex solutions, which can serve these new, huge, growing markets. Join Aaron Fyke, Managing Director of Thin Line Capital, as he describes the changing landscape.
Aaron Fyke has dedicated his career to the success of rapid-growing technology companies. As an investor, entrepreneur and engineer, Aaron has spent over twenty years building successful energy technology companies. As co-founder of six companies, Aaron’s experience has made him an industry recognized expert and speaker at a number of conference and media events (Google Solve for X, MIT Tech Review, AlwaysOn Going Green and others).
He is currently Managing Director at Thin Line Capital bringing investment capital to bear on some of the world’s toughest problems in energy/sustainability. Thin Line feels that we are in a second wave of energy entrepreneurship and now is the time for investors to succeed.
CEO of numerous Idealab companies, backed by Idealab, Bill Gates, and NRG, Director of the $10m X PRIZE in Energy and Partner at Starfish Ventures, Australia’s largest venture capital firm, Aaron has played a pivotal role in the new energy ecosystem. Aaron is an adjunct lecturer on entrepreneurship at USC, and holds his MBA and MSME as an LGO fellow at MIT. He is a Professional Engineer both in California and British Columbia.