ETV Motors powers up with $12M for longer-range hybrid engines
ETV Motors, an Israeli company developing alternative powertrains for hybrid-electric vehicles, has raised $12 million in a first round of funding to fuel further research. If successfully launched, its “micro-turbine” technology could be disruptive, causing plug-in hybrid-electric vehicle (PHEV) makers to abandon the internal combustion engines they have long relied upon.
Basically, the company has miniaturized airplane turbines, which produce both heat and electricity, yet are lighter and more compact than normal gas-powered engines. It claims… Continue Reading
Graphene Energy raises $500,000 for ultracapacitor storage
Graphene Energy, an Austin, Tex. startup based on technology from the University of Texas and Virginia’s College of William and Mary, has taken a $500,000 seed round from Quercus Trust and 21Ventures.
Ultracapacitors (insulating layers between conductors that house electric fields) are being explored by a variety of startups for their energy storage, usually as a component accompanying batteries in electric cars. Graphene is seeking to improve the technology by improving capacitance, or the amount of… Continue Reading
BioPetroClean raises $5M for biological water purification
BioPetroClean, a Tel Aviv, Israel-based water purification company, has closed its second round of financing with $5 million from 21 Ventures, which invested $3.5 million in its first round. The money will help the company set up a sales network and fund a number of new projects, according to Globes.
Founded in 2006, the company uses a biological technology, called Active Chemostat Treatment (ACT), to treat waste water in oil sludge and other organic pollutants. BPC… Continue Reading
Agent Video Intelligence raises $18M to analyze video footage
Agent Video Intelligence, a video analytics company based in Denver, Colo., has raised $9 million in a second round of funding. The round brings Agent Vi’s total funding to $18 million, all of it from 21 Ventures.
In Agent Vi’s case, video analytics means analyzing footage from security and surveillance cameras to spot thefts, possible break-ins, areas of a store that seem particularly popular or interesting and so on.
Juice Wireless, offering mobile content sharing, gets more funding
Juice Wireless, a company that lets you send photos, videos and other content to your social network pages from your mobile phone, has been on a rocky ride.
Not only does it face plenty of competition, but it changed tack a year ago and laid off some employees when it aborted a separate marketing business. Yet that hasn’t stopped new investors from coughing up $6 million in new cash, led by 21Ventures.
The company’s mobile widget, called… Continue Reading