Biggest alternative energy VC deal, for Cilion, confirmed
(Update: More investor info and other detais below)
When we launched Thursday morning, our first story was a scoop about ethanol company Cilion raising the largest venture round ever — $200 million — for an alternative energy company.
Of course, the story got buried when our site went down. We confirmed the story yesterday attorneys from Morgan, Lewis & Bockius, who handled the transaction for Cilion: Denis Segota and Matthew Bartus.
In May, the central California… Continue Reading
Holy smokes: Cilion grabs $200M, largest ever alternative energy VC deal?
We are still pinning this story down, but we’re hearing that Cilion, the California ethanol comany formed by well-known Silicon Valley venture capitalist Vinod Khosla (pictured here), has just raised $200 million.
This may be the largest ever alternative energy deal by venture capitalists. It is also significant because the company is so young; it was formed barely three months ago.
But with everyone from Bill Gates to Virgin Airways chief Richard Branson and California’s two… Continue Reading