Venture Capital
I2BF Venture Capital operates a venture capital portfolio under I2BF Holdings I and is in the process of developing funds for investment.
I2BF Holdings I
Launched in 2006, I2BF Holdings I (a collection of managed accounts and investment vehicles), is I2BF's flaghsip venture capital vehicle with over USD 100 million under management. I2BF Holdings I is closed to new investors. The vehicle holds 16 portfolio companies which are diversified across sectors and regions.
The portfolio companies are active in clean technology ranging from biofuel, solar, automotive, clean coal, wind, wastewater treatment, energy storage and energy transmission. The portfolio is diversified across the US, Latin America, Russia, Europe and China. Typically the fund participates between USD 0.5 million to USD 10 million, however each case is treated individually and investments are structured with an eye towards the portfolio company’s dynamics and capital requirements.
I2BF Venture Fund II
The I2BF Venture Fund II was launched in 2010 as a follow-on fund to I2BF Holdings I and had an initial close in the second quarter of 2011.
The fund is a venture capital fund aiming to raise USD 100 million for investment in a diversified portfolio of early stage companies developing and commercialising cutting-edge technologies in renewable energy. This includes, but is not limited to, sectors such as solar and wind energy, biofuels, energy efficiency, energy storage materials, industrial processes and technologies, and water use and purification technologies. The Fund primarily will invest in businesses focused on the developed markets of Europe and USA but will also seek opportunities in developing markets such as China, the Commonwealth of Independent States (CIS), the Middle East and Latin America.
The Fund is expected to operate over a 7 year period.
VTB-I2BF Russia Kazakhstan Nanotechnology Fund
The VTB-I2BF Russia Kazakhstan Nanotechnology Fund is a co-managed fund under development which was announced in October 2010, bringing Russian investment bank VTB and I2BF together. The fund was mandated by Russian nano-tech giant Rusnano and Kazyna Capital Management (a subsidary of the Kazakhstan's sovereign wealth fund), each of which has committed USD 25 million in seed capital.
The fund will be a venture capital fund and is aiming to raise USD 150 million for investment in the enhancement and development of nanotechnology in Russia and Kazakhstan. The focus will be on nanotechnology specifically when applied to clean technology, alternative and sustainable energy and energy efficiency. The Fund will seek to invest into the equity of Kazakh and Russian companies with a view to use existing industry contacts to initiate technology transfer between/to the target investment countries.
The Fund is expected to operate over a 10 year period.
Additional information on our venture capital funds is available on a selective basis. Please sign-up here or alternatively contact us directly at info@i2bf.com if you are interested to receive further information.