Spring Ventures, LLC

is a multi-strategy investment fund that invests in and incubates novel clean energy technologies, companies and projects that attempt to address climate change.

Oorja Protonics: developing alcohol-based fuel cell systems

Advent Solar: manufacturing back-contact solar cells and modules

Nanosolar: developing roll-print solar cell technology

Spring Ventures is driven by the conviction that the power of commerce, markets, and entrepreneurship can tackle climate change and environmental degradation if properly channeled. The first cut for investment is whether the effort can make a major impact on climate change and the environment. From that point forward, decisions are strictly driven by business logic. Since Spring Ventures is not constrained by a single financial strategy, it is just as willing to create and back projects that are along the traditional venture path of financing as it is to back very early stage teams, act as an incubator for new and innovative ideas, be a sponsor for leveraged buyouts, or develop energy projects. What is ultimately important is finding strong teams with the right business theses around solving climate change through the development and implementation of clean technologies. Entrepreneurs that are innovative, passionate, ethical, and honest best reflect the firms values-driven model and are the most likely to be considered for funding.

Sunil Paul, the founder of Spring Ventures, has a track record of forming successful companies as well as making high performance investment decisions. He began cleantech investing in 2002 because he believed that the macro forces of environmental regulation combined with climate change and energy security are creating new pressures on the energy market. In conjunction with new technological advances from a variety of fields (e.g., semiconductors, biotechnology, the Internet, computer science, surface science, and nanotechnology), Sunil believes these forces can and will produce profound breakthroughs when applied to the problem of climate change and the issues inherent in the energy and transportation industry.