SET Venture Partners is the management company of the Sustainable Energy Technology (SET) Fund. The fund's key objective is to invest in innovative companies actively developing new technologies for the production of clean energy, alternative fuels, CO2 reduction and energy savings.
Founded in 2007, SET VP secured € 50 million from investors Delta N.V. and Essent N.V., nowadays replaced by Energy Resources Holding, two major utility companies in The Netherlands. These investors provide SET VP also with a very unique insight on markets, technologies, research and testing, which in turn offers strategic benefits to the cleantech companies backed by the Fund.
SET VP is "powered" by Canada-based VC firm Chrysalix Energy Venture Capital and Netherlands-based Robeco Institutional Asset Management. They support the management company by sharing their extensive knowledge and experience in the supply of sustainable energy and innovative technologies. Combined with a strong and experienced management team, SET VP is well equipped to identify, finance and to develop highly profitable and innovative growth business in the renewable energy sector.
About Chrysalix Energy Venture Capital
Chrysalix, based in Vancouver BC, Canada, is recognized as one of the top 3 clean-energy VCs in the world (source New Energy Finance). Concentrating on the North American market, it is general partner of three clean energy investment partnerships, CELP I, CELP II and CELP III. Since its foundation in 2001, Chrysalix has participated in 34+ investment rounds in the clean energy sector in North America. It has a very experienced transatlantic management team and a strong track record built up over many decades of VC experience in clean energy.
About Robeco Institutional Asset Management
Founded in 1929, Robeco is an independent asset manager, owned by Rabobank Group. At the end of 2008, Robeco had € 111 billion in assets under management. The company has played a leading role in the field of sustainable investments since 1999 when it introduced Robeco Sustainable Equities, the first sustainable investment fund in The Netherlands launched by a large asset manager. In 2004, Robeco launched the world's first sustainable private equity fund, Robeco Sustainable Private Equity, followed by its Clean Tech Private Equitey II investment program in 2006. Robeco builds on its private equity experience from earlier investment activities including Robeco Global Private Equity I & II and Robeco European Private Equity I & II.