In a capitalist society, everything has a monetary value — including the forests. However, determining a forest’s worth entails guesswork. ImageTree has produced software that asses both the economic and the environmental value of forests.
Where traditional forest surveying extrapolates …
When Shai Agassi departed software giant SAP AG in March, it surprised many people because he was on track to become chief executive of the giant company.
He left declaring bold plans to help convert his native Israel and its …
General Electric invests more into clean technologies than any other company.
The company’s yearly allotment for Ecomagination, its cleantech investment arm, totals $1 billion, and GE says it’s on track to raise the number to $1.5 billion by 2010. Compare …
The Department of Energy said it has started an “Entrepreneur in Residence” to help commercialize alternative energy research projects at the DOE.
DOE Assistant Secretary Alexander Karsner announced the program this week during a visit to Silicon Valley. He was …
Battery maker A123 Systems has secured its place as the most heavily funded battery startup, adding $30 million in its fifth round of funding.
Early this year, A123 broke $100 million. The Watertown, Mass. company, which is developing new lithium …
Battelle Ventures and an affiliate fund, Innovation Valley Partners, have together invested $8 million in three cleantech energy companies: Aldis, Ampulse and Planar.
Aldis, a company that manages municipal traffic lights to significantly reduce energy costs, received $1.9 million in …
HelioVolt, one of about ten companies racing to produce solar power cells based new cheaper material than traditional silicon, has raised $24 million more in financing for a its second round.
This brings the Austin, Texas’ company’s total second round …
As reported last month, Synapsense, a Folsom, Calif., company claiming to reduce energy usage in data centers, raised a $10 million round of funding. However, Sequoia Capital has joined the round, and the total is now $11 million, according to …
Green Biologics, an Oxfordshire, UK company using biotechnology to produce a butanol-based fuel for transportation, has raised £1.58 million (about $3.2 million) in funding.
The company faces a number of competitors seeking to make alternative transport fuel from manufactured biofuels. …
Stonybrook Purification, a company that has developed a new way to filter water, has raised $4.1 million in a first round of venture financing.
The Sony Brook, New York company was launched earlier this year as a spin-out from Stony …
Perpetuum is the the latest company hoping to harness an new kind of power source: Vibrations.
That’s right. Most vibrations caused by mechanical operations –caused in most places where equipment and people are at work — are wasted. Perpetuum, a …
Innovalight, a Silicon Valley company that says it has come up with new solar cell with nano-particles of silicon, has raised a large $28 million round of capital and said it plans to open a 30,000 square foot manufacturing facility …
SmartSpark Energy Systems, a Champaign, IL., company that converts power generated from solar panels (which is DC) into AC power used in homes and business, said it has raised an undisclosed first round of funding from Battery Ventures.
SmartSpark’s technology, …
LUCA Technologies, a Golden, Colo. company developing technology to convert dirty coal into natural gas, has raised $20 million more in financing.
The company joins a host of others working on similar conversion technologies. LUCA’s technology is different in that …
A seed stage venture capital firm, Greenhouse Capital Partners, has closed on its first fund, which was created to target cleantech and other emerging technologies in need of initial funding. The fund totals $11 million.
The firm said its new …
LS9, a Silicon Valley startup that hopes its technology may one day help replace petroleum, has taken $15 million more in funding.
The San Carlos, Calif. company uses synthetic biology to modify microorganisms in order to produce high-energy fuels, including …
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A secretive Silicon Valley company called Calera says it can stop global warming and ocean acidification by pulling greenhouse gas out of the atmosphere.
It is building a way to grab carbon dioxide from its surroundings during the manufacturing …
Braemar Energy Ventures said it has raised $250 million for its second fund to invest in clean-technology companies.
The New York based firm said its investors include many new institutions from the U.S., Europe and Asia: MassMutual, AlpInvest Partners, Morgan …
[This story originally ran on Monday, Oct. 1, 2007]
LedEngin, a Santa Clara, Calif. company making components for cleaner and more efficient lighting technology called LEDs, has raised $11 million in a third round of financing.
The round …
EverPower Renewables, a New York developer of wind power farms, today announced it has closed a $55 million in financing from Good Energies, an investor the renewable energy industry.
It follows news yesterday that competitor Nordic Windpower raised a significant …
