Ikea GreenTech, a corporate venturing unit of the Sweden-based homeware retailer, has published details of its latest investments. It has invested and committed €12m ($15m) between 2010 and 2012 in four companies working with environmental technologies and a clean technology venture capital fund. The companies are: Exibea (energy management, Sweden), BoFood (vegetarian food, Sweden), El-Seed (LED-technology, Japan), Alelion Batteries (energy storage, Sweden) and Mountain Cleantech Fund II. Christian Ehrenborg, managing director of IKEA GreenTech, will join the boards of Exibea and BoFood. Ehrenborg, whose Ikea GreenTech manages €60m, said: “Our goal is to make investments that enable Ikea to offer innovative new products that help people to live a more sustainable life at home. After evaluating interesting ideas from over 700 companies, we selected the technologies which offer real potential in this area.”
- News & Analysis
- Global Corporate Venturing
- Global University Venturing
- Latest News
- Deal Data
- Community & Events
Ikea GreenTech cleans up
Jan 17, 2013 • Global Corporate Venturing
LEADERSHIP SOCIETYInforming, connecting, and transforming the global corporate venture capital ecosystem.
The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns.
Featured ContentFUNDING ROUND DATA Which corporates are backing which startups? Search our corporate deal database.
FUNDING ROUND DATA
Which corporates are backing which startups? Search our corporate deal database.NOMINATE Nominations for the GCV Powerlist 2024 are now open
Nominations for the GCV Powerlist 2024 are now openEventsWebinar: Startups and Strategics – What works and what doesn’tEventsGCV Institute: Landing the Value of Corporate VenturingTop News
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.test reg