Just as in the oil industry, drilling and engineering for geothermal projects is an expensive proposition. To help buy drilling rigs and develop its services, ThermaSource has taken a hefty funding of $41.5 million.
The Santa Clara, Calif. company employs …
Want to fill up your Volkswagen or Hummer on renewables, as Arnold Schwarzenegger does? Biodiesel, a vegetable-oil based variant on petroleum diesel, is your fuel. As we pointed out last week, the fuel doesn’t get as much attention as high-tech …
Ever since multi-billionaire investor T. Boone Pickens unveiled his grand energy plan for the United States last month, everyone with an ounce of skepticism has been wondering why he’s so bullish on using natural gas for transportation. True to form …
A123 Systems files proposal for IPO — Lithium-ion battery maker A123 Systems, which aims to sell into the electric vehicle market, has filed the initial registration statement required for an initial public offering. The number of shares to be sold …
Simbol Mining, a company that says it has a better way to collect the lithium used in today’s most advanced batteries, has taken a first round of funding.
The idea of mining usually conjures up images of sweating, grime-encrusted men …
A little over a month after opening its first 130,000-square-foot factory in Las Vegas, Palo Alto, Calif.-based Ausra, a developer of utility-level solar thermal power, has raised $24.5 million in a third roundof funding from returning investors Khosla Ventures and …
Don’t throw away that used mobile phone just yet — chances are ReCellular, a Dexter, Mich.-based phone recycling firm, can help find it a new home. One of the world’s leading cell phone recyclers, it has just raised $15 million …
MyListo, a company offering a Facebook application that provides product reviews from your friends, has finished raising a $250,000 grant from the Facebook Fund.
The Sunnyvale, Calif. company is part of Facebook’s effort to direct money to applications that are …
A stealthy content accelerator called Nokeena Networks has raised $8.7 million in a first round of funding, with an aim to sell a hardware appliance that will better process and transmit video across networks.
The company is specifically directing its …
While most agree that LEDs will someday replace compact fluorescents as the energy-efficient lights of choice for homes and businesses, that day often seems far off. LEDs, which emit light from a semiconductor chip instead of interaction with a gas, …
Verenium, a Cambridge, Mass. biofuel maker, has formed a partnership with oil giant British Petroleum and taken on a $90 million investment from the latter company to develop its cellulosic ethanol process.
Under the deal, BP will have access to …
Virtual world creator Six Degrees Games has taken $7 million to develop a world for six to 14 year old children with a sports theme. The funding is the company’s first.
Six Degrees hasn’t given many specific details on the …
BPL (Better Power Lines) Global is a Pittsburgh, Penn. company that makes software and equipment for utilities in order to manage and monitor the grid, and help integrate in renewable energy sources.
The company has partnerships with utilities both in …
Innolume, a diode laser manufacturer co-based in Santa Clara, Calif. and Dortmund, Germany, has raised $13.4 million (€8.6 million euros) in its third round of funding.
The company makes lasers that can operate in a wavelength unattainable by other lasers, …
Thin, flexible display tech is one of those advances that has been just over the horizon since the Internet bubble started inflating. Remember the promises of e-paper — a crossbreed with the best qualities of both paper and computer screens, …
Xoft, a Sunnyvale, Calif. company with an X-ray radiation treatment used for breast cancer and endometrial cancer, has raised a fifth round totaling $25 million, according to VentureWire.
The treatment uses targeting technology and tools to pinpoint the area being …
Versant Ventures, a Menlo Park, Calif. venture firm that specializes in biotechnology and pharmaceuticals, has raised $500 million for its fourth fund to date.
The firm has some 75 companies under management. Some of its more prominent investments to date …
Entone, a company that sells a set-top box for Internet television that can distribute video to three different TVs at once, has raised $14.5 million in a second round of financing.
It wants to replace your TiVo.
The box is …
Some plastics, like high grade steel or aluminum, are just too good to toss in the dump. But for years that has happened to them anyway, for lack of good recycling technology.
MBA Polymers was started to separate out worthwhile …
Reports in years past have suggested that Google, like Intel, Motorola and other large tech companies, might open an internal venture capital fund to invest in startups. The idea has never come to fruition, but a brief in this morning’s …
