Venture capitalists are pumping money into smart grid startups. Mercom Capital, a cleantech and healthcare research firm, released a report revealing that VCs have poured $142 million into smart grid companies in 26 deals during the third quarter of 2014. By comparison, smart grid investments totaled 81 million across 13 deals during the second quarter. But funding is slightly […]
Stat of the day: 15,000 gigawatt-hours per year
Can you guess what industry lays claim to that energy consumption stat? It’s the telecom industry, specifically the 16,000 legacy TDM (time-division multiplexing) phone switches in the U.S. and Canada, which account for 15 terawatts of juice yearly or “roughly 0.4% of all electricity used in those two countries,” according to of Access Venture Partners’ […]
Global Cleantech 100: Who made the cut?
Cleantech Group has just released its ranking of the top 100 cleantech firms for 2010. Among them are smart grid networking sweethearts Grid Net, Silver Spring Networks and eMeter, smart meter maker Landis+Gyr, LED pioneers Lemnis Lighting and Bridgelux and EV charging upstart Better Place. Though most of the firms on the list share only […]
Nexant banks $43M
Nexant announced today that it added $43 million to its coffers, and that Intel Capital isn’t the only VC that has taken an interest in the smart energy software firm. In addition to Intel, Oak Investment Partners has joined existing investors TeleSoft and Beacon in funding the new round. According to Nexant’s Executive Chairman, Arjun […]
Bloom Energy Recap: The Post-Hype Reality
Bloom Energy had a big week between the airing of its 60 Minutes segment on Sunday and the official unveiling on Wednesday. Thanks to some heavy-duty backers, big name customers and a gift for publicity, the fuel cell firm kicked…
Cleantech News Roundup – Thursday, June 4
Cleantech investing surpasses IT in Europe despite dip – VentureBeat Even though cleantech investing in Europe and Israel is down more than 30 percent from last year’s $1.8 billion, the sector is surpassing IT to become the second largest venture…
Cleantech News Roundup – Thursday, May 21
The Churchill Club’s 2009 Tech Trends: Energy, Data And More Energy – TechCrunch 6. Power and efficiency management services will see a flowering of investment and innovation — Crowd Idea The idea here is that energy going forward isn’t necessarily…
Cleantech News Roundup – Monday, May 18
The Path To Washington: VCs, Cleantech Start-Ups Seek DC Ties – Wall Street Journal Blogs Green has increased the frequency of trips he takes to Washington, as have other partners at his firm, to ensure that lawmakers and regulators…
Cleantech News Roundup – Friday, April 24
Five to watch in the Business of Green – Reuters Blogs Lyndon Rive CEO, Solar City Solar City was dubbed “the Swiss arms dealer” of solar installation by VentureBeat, although “Swiss army knife” might be more like it. The company…
Cleantech News Roundup – Friday, April 17, 2009
Sun Catalytix lands funds for “solar fuel” – VentureBeat While little is known about Sun Catalytix’s forthcoming products, its founder, MIT chemistry professor Daniel Nocera, has long been involved in research on hydrogen gas made with only sunlight and water….