Pangaea Ventures believes that breakthroughs in advanced materials are becoming increasingly important for companies to excel in the cleantech market. Advanced materials are solving fundamental problems necessary to make products more efficient and less expensive, two of the key attributes necessary for wide spread adoption of cleantech products. The cleantech sectors where advanced materials innovation is most critical include the following:

• Energy generation
• Energy storage
• Energy efficiency
• Environmental (air, ground and water)
• Sustainable materials

Pangaea Ventures reviews all opportunities within these sectors with the key selection criteria listed below:

• Strength of the management team
• Innovative nature of the product or technology
• Strength of intellectual property
• Size of the market and growth potential
• Market validation from existing or potential clients
• Scalability and bottlenecks in the production process
• Attractiveness and capital efficiency of the business model
• Ability to generate sustainable positive net cash flow and profits
• Environmental impact of the business