Global Legal Practice Brown Rudnick has announced a partnership with Net Zero Funding specialists Greenbackers Investment Capital to offer promising climate and clean technology start-ups a chance to meet and secure finance from investors during a pioneering 6-month investment program in the run up to COP 26, the UN Climate Summit in Glasgow, this November.
Selected entrepreneurs will be featured on a new digital deal platform “The Greenbackers Showcase”. This online investment platform will put the 26 chosen ventures into a “shop window” for the world’s leading investors to meet, review and determine their suitability for funding. The Showcase will culminate in a “SuperPitch” event at COP26 in Glasgow during November and livestreamed to a global investor audience.
Robert Hokin, Managing Partner at Greenbackers commented, “The support we are receiving from Brown Rudnick is invaluable and we welcome them as to our growing community sponsors. Everyone is talking a good game on sustainability, but growth capital is still not getting to early stage cleantech innovators fast enough to make our net zero ambitions achievable. This program is all about action – getting finance to ventures that can really move the needle – by introducing them online to our global community of pre-screened, verified investors, all which have a mandate to invest in this sector.”
Additionally, the Greenbackers team will proactively maximize investor dialogues on the platform and co-ordinate discussions between participating ventures and investors who visit.
Neil Foster, Brown Rudnick Partner and Chair of the Firm’s Technology Group, commented, “COP26 is the largest and most important global climate summit in many years – we are excited to be part of these sustainability initiatives that promote and celebrate cleantech innovators. Brown Rudnick have one of the most active legal practices in cleantech and energy transition in the UK and US, closing around a dozen financings and partnership deals for our clients each year in this sector alone, so we are delighted that COP26 is in the UK and that GreenBackers have asked us to work with them on their Net Zero SuperPitch.”
