“We’re in a financing nuclear winter for cleantech,” he said. “We’re really just starting to come out of the trough of disillusionment.”
Tendril CEO, Adrian Tuck, quoted in Greentech Media
Great to see a couple of signs of life in the energy management space, one which plenty had written off as moribund for lack of traction with commercial and residential customers and for venture capitalists’ dwindling interest in supporting continued development. This week, we’ve already seen UK bank RBS announce its intention to launch a $321 million corporate energy efficiency fund, and early market entrant Tendril picked up a further $15 million round.