Recently, Varentec received US$ 7.7 million from investors led by Khosla Ventures. Varentec is a Menlo Park based startup working on the concept of utilities giving digital control over power grids. In October 2011, Varentec received US$ 5 million from an ARPA-E Grant for the GENI program, together with a group of partners that include [...]
LS9 Raises $30 Million to Ready Products for Commercial Production
The press release states, “LS9, Inc. today announced that it has received $30 million in its latest round of funding. BlackRock, a prestigious, global-reaching firm with over $3 trillion in assets under management, led the investment round. All previous investors also participated in the round, including; Flagship Ventures, Khosla Ventures, Lightspeed Venture Partners and CTTV [...]
Soladigm Secures $30 mil from investors
The press release states, “Soladigm, a developer of highly energy-efficient Dynamic Glass for next-generation buildings, announced today that it has secured $30 million in Series C equity financing. Combined with previously announced Mississippi state manufacturing financing and other arrangements, the funding will allow Soladigm to build and launch high-volume commercial operations and develop sales and [...]
Gevo to Acquire Agri-Energy Ethanol Production Facility to Produce Isobutanol
According to the press release, “Gevo, a privately held renewable chemicals and advanced biofuels company, today announced it has signed definitive agreements to acquire Agri-Energy’s ethanol production facility in Luverne, Minn. “This transaction is another important step in achieving our goal of bringing commercial volumes of renewable isobutanol to the market as soon as possible,” [...]
Khosla Ventures Announces Tony Blair Associates as Senior Advisors
According to the press release, “Khosla Ventures, a venture assistance firm that focuses on cleantech and information technology startups, today announced a strategic partnership with Tony Blair Associates. Former British Prime Minister Tony Blair and his team will leverage his advocacy for environmental issues and his global relationships to help Khosla’s broad portfolio of clean [...]
Khosla Ventures raises $1 billion for renewables, cleantech
Vinod Khosla According to Reuters, “Khosla Ventures said on Tuesday it had raised more than $1 billion for renewable energy and clean technology funds, a sign that skittish investors are hot for climate-change-related projects. The news marked the largest clean technology-dedicated raise by a single venture capital firm since 2007 and was also the first [...]