Israeli Cleantech Companies to Present Innovative Solutions in California
Ten Israeli companies selected to meet with California's Cleantech Giants April 26-28
SAN FRANCISCO, April 13 /PRNewswire-USNewswire/ -- The California Israel Chamber of Commerce (CICC) announced today that 10 Israeli Clean Technology companies have been chosen to participate in a delegation to meet with industry leaders, investment firms, policymakers and utility giants from April 26-28 in Silicon Valley, California. More information can be found at www.cicc-cleantech.com.
A highlight of the program is The Israel Cleantech Showcase, scheduled for April 27. It will be a full day of presentations by the delegation companies and cleantech industry thought leaders. CEOs of the selected Israeli companies will engage with an entire ecosystem of cleantech leaders in California to facilitate channel and technology collaboration and investment.
Arnold Goldman, Chairman and Founder of BrightSource Energy, Inc, will be a keynote the three-day event. "BrightSource is living proof that U.S.-Israel collaborations are playing a vital role in developing and bringing to market world-class technologies that are addressing our world's most urgent environmental and security challenges. It's an honor to be a part of this year's CICC event and to witness once again the power of connecting Israel's emerging cleantech companies with Silicon Valley's business leaders," he said.
Additional Keynote Speakers over the three days will include Vinod Khosla, founder of Khosla Ventures, Fong Wan, Senior Vice President Energy Procurement, Pacific Gas and Electric Company and Steve Westly, Former California State Controller & Managing Director, The Westly Group.
The CICC, a non-profit, industry supported organization, launched its cleantech initiative in 2008 to accelerate cooperation among companies and investors in the two states. This effort builds on the CICC's proven model of success in creating unique partnership opportunities in a variety of technology sectors including software, semiconductors, the Internet and telecommunications. Building on this technology base, Israel currently has over 500 emerging cleantech companies and a broad range of advanced research institutions.
The key leaders that have been supporting the CICC Cleantech Initiative include: BrightSource Energy, GE Energy, Perkins Coie LLP, PG&E, Tigo Energy, and as well as policymakers such as the California Public Utilities Commission and the U.S. Department of Energy. Also supporting the program are investment firms such as Battery Ventures, CMEA Capital, Greylock Partners, Israel Cleantech Ventures, Jefferies & Company, Inc., Musea Ventures, Silicon Valley Bank, U.S. Venture Partners, Vantage Point Venture Partners (VPVP) and Virgin Green Fund. Participating research institutions include Electric Power Research Institute (EPRI), Government of Israel Economic mission to the west coast, Israel-U.S. Bi-national Industrial Research and Development Foundation (BIRD Foundation), Palo Alto Research Center (PARC), and SRI International.
Among the successes of the most recent Cleantech Tour is Tigo Energy. Their participation led to direct investments and partnerships with leading California energy producers.
Ron Hadar, President and COO at Tigo Energy, said, "Participating in the CICC cleantech tour was transformative for our development. We met industry leaders, initiated several deals, and enhanced our company momentum. We are now shipping commercial product to the leaders of our industry and this process was accelerated with the support of the CICC."
The visiting Israeli companies represent a broad range of sectors, such as solar, energy efficiency, water, Smart Grid, electric vehicles, and biofuels and are listed below.
Water
Smart Grid
Solar
Energy Efficiency
Biofuels
Electric/Hybrid Vehicles
The program will also include a roundtable with growth and late stage Israeli cleantech companies who have been involved with the CICC, including BPT, GreenRoad and Tigo.
Eric Weiss, Chair of the Cleantech Initiative at the California-Israel Chamber of Commerce, said this about the organization's Cleantech Initiative, "The Israeli companies were chosen carefully by experts from the California cleantech community in collaboration with the CICC. We are bringing the companies and experts together to find breakthrough cleantech solutions."
The Israel Cleantech Tour will include one-on-one pre-arranged meetings, educational sessions with world class cleantech experts, networking events, company presentations and facility tours at PG&E, the California Public Utilities Commission, and other local investment firms, and companies.
An open showcase for cleantech players, investors, utility giants, policymakers and industry press will take place April 27 at the Palo Alto Research Center (PARC), 3333 Coyote Hill Road, in Palo Alto. Tickets to the Showcase can be purchased online in advance for $150 at www.cicc-cleantech.com or at the door for $200.
About the California Israel Chamber of Commerce:
The California Israel Chamber of Commerce (CICC) is a not-for-profit organization dedicated to strengthening business, investment, technology and trade relations between California and Israel. Over the years CICC has accelerated hundreds of tech companies from Israel through its successful programs and helped U.S. Investors and technology giants identify unique ventures and collaborative partners in Israel.
SOURCE California Israel Chamber of Commerce
Share this article