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Sustainable + Renewable Technology is a disruptive and evolving sector and our financing solutions in this area have been used for growth, operations, expansion, acquisitions, and deployment of facilities. Within the Sustainable + Renewable Technology vertical, Hercules Capital focuses on companies that are disrupting traditional industries in areas including:
Vehicle Technology, Energy Generation and Storage, Ag Technology, Advanced Materials, Industry 4.0, and more.
SUSTAINABLE + RENEWABLE TEAM
SUSTAINABLE + RENEWABLE TEAM
Scott Bluestein Chief Executive Officer and Chief Investment Officer
Scott is the Chief Executive Officer and Chief Investment Officer for Hercules Capital. He is responsible for the company’s lending policies and risk management practices related to its loan and investment portfolio. Scott joined Hercules in 2010 as chief credit officer and brings more than 22 years of financial services, direct investment and credit experience to Hercules. Most recently, he served as founder and partner of Century Tree Capital Management, a fund established to make senior secured debt investments with warrants and equity co-investments in small and micro-cap public and private companies. Prior to that, he was managing director at Laurus - Valens Capital Management, where he had responsibility for a structured debt with equity investment portfolio, including new investments, portfolio management, and restructurings. Previously, Scott worked at UBS Investment Bank, where he was a member of the Financial Technology Coverage Group. Scott received his B.B.A. in Finance from Emory University.
Catherine Jhung Senior Managing Director, BD
Catherine is a Senior Managing Director at Hercules and leads origination, venture relationships, and business development for the fund's Technology and Sustainable/Renewable Groups. Catherine’s investments include AppDirect, Arctic Wolf, C2FO, Couchbase, Fastly, Impossible Foods, Pivot Bio, Postmates, SingleStore, SeatGeek, Thumbtack, Udacity, Varsity Tutors, Wrike (acquired by Vista), and others. Before joining Hercules, Catherine spent over 10 years in senior operational roles within startup companies, including sales, business development, research and product management. At Cleantech Group, Catherine ran the company’s data business, where she lead the product, engineering, research and sales teams. Prior to Cleantech Group, Jhung was the Director of Sales at edo Interactive. Prior to edo Interactive, Catherine spent over five years on the executive team at Equilar, the leading research firm for benchmarking executive and board compensation. There, she built and managed the business development and client services divisions from the ground up, growing the business to over 600 clients. Catherine received an MBA from the Haas School of Business at UC Berkeley, a BS in Agricultural Economics and a minor in Computer Information Systems from UC Davis.
Lesya Kulchenko Managing Director
Lesya is a Managing Director at Hercules Capital with over 10 years of structured finance and investment experience. Prior to joining Hercules in 2012, Lesya worked with two early stage venture capital firms: Nourish Capital, a start-up fund in San Francisco focused on investing in early stage consumer retail businesses, and Hopewell Ventures, an equity fund in Chicago primarily focused on high-growth businesses across a broad range of industries in the Midwest. Prior to that, Lesya worked as a Corporate Credit Monitoring Manager for Raiffeisen Bank Ukraine, a subsidiary of Raiffeisen Zentralbank Austria. She began her career in product management at Rockwell Automation. Lesya received a B.S. in Computer Engineering with a Mathematics minor from Marquette University. She was a recipient of a full international scholarship sponsored by the United States Information Agency/Freedom Support Act program.
Featured Portfolio Companies
Proterra is a leader in the design and manufacture of zero-emission electric buses that reduce fleet operating costs and eliminate dependency on fossil-fuels.www.proterra.com
Impossible Foods is developing a new generation of meats and cheeses made entirely from plants. Their mission is to give people the great taste and nutritional benefits of foods that come from animals without the negative health and environmental impact.www.impossiblefoods.com
At Pivot Bio, we believe in meeting the needs of the present without compromising the needs of future generations. Our unparalleled understanding of the crop microbiome will help create a future with cleaner water and air. We are dedicated to providing farmers with solutions so they can grow high-quality, environmentally-responsible and sustainably-focused crops that help feed families worldwide.www.pivotbio.com
Hercules committed capital leading up to our public company debut and remained a strong partner after our IPO, providing Enphase with additional funding. We would gladly recommend Hercules and would be happy to work with them again
Rick Fieber ( Treasurer, Enphase Energy )