Serious Materials raises a serious round of $50M for green building materials

Serious Materials raises a serious round of $50M for green building materials

Indoor building material-maker Serious Materials has taken on a large $50 million second round of financing to launch a line of environmentally friendly drywall, the most common indoor building material in the United States.

The funding will help the company cover the costs of a manufacturing plant, to open next year. The cost for new plants commonly runs into tens of millions of dollars.

Serious will make three product lines: EcoRock, ThermaProof, and Quiet Solution. EcoRock is… Continue Reading

Global warming, creating green entrepreneurs, and bribing by Exxon lobby?

Global warming, creating green entrepreneurs, and bribing by Exxon lobby?

Now we’re 90 percent sure global warming is caused by humans, according to a major UN report just released.

[Update: And Exxon is fighting back, reports the Guardian, which writes that the AEI, an Exxon Mobil-funded thinktank, offered payments of $10,000 to scientists for articles that emphasize the report's shortcomings. This, even as Exxon reports record profits.]

Meanwhile, California continues its lawsuit against U.S. and Japanese car manufacturers for contributing to global warming.

And entrepreneurs forge ahead with… Continue Reading