Perhaps it's not surprising that a company founded on the idea of automation hones in on efficiency when it comes to clean tech.
Over the past year, IBM has started working with a handful of energy efficiency and water conservation start-ups, betting that those technologies will find steady demand.
"So far, we've seen a trickle of the capital needed to make scalable changes. One thought is to see if we can dramatically increase efficiency and reduce waste to free up capital," said Andrew (Drew) Clark, director of strategy at IBM's Venture Capital Group.
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