Trip includes visits to 21Ventures portfolio companies
 
Tel Aviv, May 20, 2009 – David Anthony, Managing Partner of 21Ventures, arrived in Israel this week as a participant in the California Israel Chamber of Commerce (CICC) sponsored Cleantech mission to Israel. The CICC is dedicated to strengthening business and trade relations between California and Israel and assembled a group of leading VC executives for this year’s Cleantech Mission.

“Having the opportunity to travel to Israel as part of the CICC Cleantech Mission to Israel  has been very informative,” said Mr. Anthony.

 

“As a venture firm that invests heavily in this region, we think the potential for partnerships between California and Israel can continue to produce cutting edge technologies in a variety of industries.”

During the trip Mr. Anthony also visited a number of 21Ventures’ portfolio companies including 3GSolar, a leading developer of solar energy using Dye Solar Cell (DSC) photovoltaics with first applications for off-grid electrification. DSC is a cost-effective and environmentally-friendly solution that produces electricity even in low light conditions.
 
Mr. Anthony took a tour of the 3GSolar facilities and met with Barry N. Breen, CEO of 3GSolar; Dr. Jonathan Goldstein, Founder and President of the company and Dr. Arie Zaban, Director of the Nanotechnology Center at Bar Ilan University and a member of 3GSolar’s scientific advisory board.
 
About  21Ventures
 
Founded in 2004 and headquartered in New York, 21Ventures invests in seed, early stage technology and publicly traded companies in the security, clean energy and mobile software markets. 21Ventures is led by David Anthony who, in addition to serving as Director of several 21Ventures portfolio companies, serves as member of the board of directors of Entech Solar, Inc (ENSL.OB).
 
The fund’s primary geographic focus is Israel, where over half of the company’s investment capital has been deployed to date. 21Ventures currently manages more than $300 million worth of investments in 25 companies in Israel and the United States. More than half of 21Ventures’ investments are in clean energy companies. More information can be found at www.21Ventures.net