BDC Venture expands cleantech fund

The BDC Venture Capital has injected an additional $100 million into its Energy/Cleantech (ECT) Fund to support current and future scalable opportunities in the rapidly growing sector. ECT targets companies that possess scalable, capital-efficient venture with the potential to significantly improve the efficient use of scarce resources in all industry sectors and technology platforms, particularly those in electronics, novel materials and information and communications technologies. The ECT has been active since 2001 and has made investments in smart grid, energy storage, green IT, building energy management, energy-efficient lighting and water treatment technologies….