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Announcing our investment in EnergyBank, a pioneer in long-term energy storage

Version One Ventures

The team is building a large floating device (picture of the concept below) that can move masses of water from the ocean floor to its surface (over vertical distances between 4-8km) in order to exploit the gravitational potential energy. The team is based in New Zealand (reminder: we’re investing worldwide now !)

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2012 Valuation Survey of Angel Groups

Gust

Others were able to provide additional data for one or more business verticals. The New Zealand Venture Investment Fund, collecting pre-money valuations for startup companies in 2011, is reporting that their overall pre-money valuation was US$1.8 Median: 2.75. Number: 30. Three Canadian groups filed reports.