GM Ventures Makes Strategic Investment in Envia Systems

The press release states, “General Motors Ventures LLC invested $7 million in Newark, Calif.-based Envia Systems to provide GM’s battery engineering team with access to advanced lithium-ion cathode technology that delivers higher cell energy density and lower cost. In a separate agreement, GM has secured the right to use Envia’s advanced cathode material for future [...]

SolarBridge Technologies Secures $15 Million in Series B Funding

According to the Press Release, “SolarBridge Technologies, the leading developer of module-integrated microinverter solutions that reduce the Levelized Cost of Energy (LCOE) in solar installations, announced that it has secured $15 million in series B funding. The company has raised more than $27 million to date. Rho Ventures, a new investor in the company, led [...]

Stealth Solar Startup Senergen shuts down

Senergen Devices, based out of Fremont, CA received more than $5 million from VantagePoint Venture Partners around November of 2007. “Senergen Devices is a solar cell manufacturing company that plans to produce solar cells made from traditional silicon materials at very low costs. Senergen does not use silicon wafers as the solar cell substrate. Instead, [...]

Better Place Secures $350 Million Series B Round led by HSBC Group

According to the press release, “Almost two years to the day after announcing its first car partnership and its first country deployment in Israel, Better Place today announced that it has signed an agreement with an HSBC led investor consortium for new equity financing of $350 million. The deal marks one of the largest clean [...]

DB Masdar Clean Tech Fund completes first close

According to the Masdar Press Release, “Masdar and Deutsche Bank today announced the launch of the DB Masdar Clean Tech Fund and its first closing, raising $265 million. This fund brings together for the first time the deep sector knowledge and scope of the Masdar Initiatives with the global asset management and research capabilities of [...]

Silver Spring Networks Announces $100 Million Financing

According to the Press Release, “Silver Spring Networks, a leading Smart Grid solutions provider, today announced the closing of a $100 million preferred equity round. The financing will be used for development of new smart grid applications, job growth and the continued expansion of Silver Spring’s global footprint. “We have a terrific opportunity to accelerate [...]

Venture Capitalism goes Eco

With the green markets across the world hopefully nearly exploding, many investors are aiming to get their piece of the pie before it is too expensive to purchase. With general interest being incredibly high, and the large level of both governmental and individual interest in eco-friendly markets, it seems as though a clean tech boom [...]

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 [...]