Powerpoint Master SVC by zDr0vSg

VIEWS: 6 PAGES: 8

									                              What can we do
                              to create value?

                                  European Energy
                                  Venture Fair 2004

                         Dr. Harold Kirchner
                     Siemens Venture Capital

SVC

      Siemens Venture Capital – www.siemensventurecapital.com   1
      Siemens Venture Capital –
      Quick Facts

            In operation since January 1999
            Fund size more than 500 Million Euro
            Investments in over 70 companies and 30 funds
            Total investment per deal between € 0.5M and € 5 M
            Typical finance phases: early and expansion stage
            Investment focus: USA, Europe, Israel
            Offices in Munich, San José (Silicon Valley), Boston
             and through Siemens Israel, Ltd.
             in Rosh Ha'ayin near Tel Aviv
            Investment focus: Siemens business scope


SVC

      Siemens Venture Capital – www.siemensventurecapital.com       2
      SVC Objectives


                                                                  Window on
                                                                  Technology
                Financial                       Strategic
                objectives                     objectives          Fostering
                high returns                      innovation
                                                                   Innovation

                at an                            enhancing
                acceptable                 competitiveness,     Entrepreneurship
                level of risk              reducing time-to-
                                                     market
                                                                   Creating
                                                                   Networks


                            Goal:
                Achieve Outstanding IRR
          on Strategically Important Investments
SVC

      Siemens Venture Capital – www.siemensventurecapital.com                      3
      What can we do to create value?




                 Value:
                 The worth of a thing in money
                 or goods at a certain time.
                 Websters Dictionary




SVC

      Siemens Venture Capital – www.siemensventurecapital.com   4
      Siemens supports all Phases in
      Company Development I

                                                                    Possible exit
                        Start up               Market entry/
                                                                    (IPO,
                        company                expansion
                                                                    Trade Sale)




         Help to get market knowledge
              • “who is the right customer?”
              • “what are the customer specific needs?”

         Funding
              • Companies often funded by 3F
              • In the energy sector DD, legal and investor structure are usually more
              difficult.

         Access to VC networks
              • Energy VC community is smaller, more diligent, down to earth and less
              greedy
              • “it is not so easy to find a fool to invest”

SVC
         Joint developments with Siemens
      Siemens Venture Capital – www.siemensventurecapital.com                            5
      Siemens supports all Phases in
      Company Development II

                                                                Possible exit
                       Start up               Market entry/
                                                                (IPO,
                       Company                Expansion
                                                                Trade Sale)




          Access to test sites
               • “who trusts new inventions?”
          Country specific knowledge
               • Different standards, units of measurements, regulatory
               issues
          Access to global sales channels
          Siemens brand name recognition
          … and of course financing

SVC

      Siemens Venture Capital – www.siemensventurecapital.com                   6
      Siemens supports all Phases in
      Company Development III

                                                                Possible exit
                        Start up               Market entry/
                                                                (Trade Sale)
                        company                expansion




            Feedback to start-ups as a professional
             sparring partner
                 • “Management of Growth”

            Management expertise
                 • Lifecycle of an “energy company” longer than a “software
                 company”

            Managing the M&A process
                 • Creating the right value
                 • Involving M&A advisors
SVC

      Siemens Venture Capital – www.siemensventurecapital.com                   7
      Case Study -
      ISOPur Fluid Technologies, Inc.

            Located: Rocky Hill, CT, USA;
            Technology: New method for purification of non-
             conducting fluids such as lubricating oils or hydraulic
             fluids to the highest level
            Products: purifiers with capacity up to 20,000 l/h
            Contact:
             Bob Musselman, CEO
             phone: +1 (860) 571-8620
             email: rmusselman@isopurfluid.com




SVC

      Siemens Venture Capital – www.siemensventurecapital.com          8

								
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