Element Partners, a growth equity firm specializing in clean technology, has hired Sujit Banerjee as operating partner. Banerjee was previously a partner at BlueRun Ventures (BRV), where he founded the firm's cleantech practice and India office. He will continue as an operating partner with BRV in mobile and consumer investments.
Banerjee brings to Element over nine years of venture capital investment experience. At BlueRun, his dual interests in cleantech and India led to a co-investment with Element in Deeya Energy, where he established the company's go-to-market strategy in India, leveraging a technology developed at NASA.
In addition, Banerjee led another Element co-investment in Petra Solar, a renewable energy systems company. His other investments include SliceX, CyOptics, MagSil, NexPlanar and Sasken.
Source: Element Partners