Plas2Fuel captures $4.3M for waste-to-fuel technology
Plas2Fuel, maker of equipment that produces synthetic crude oil, has raised $4.25 million in a first round of funding for the commercial rollout of its products. Based in Kelso, Wash., the company sells vessels for converting plastic waste into fuel and manages the sale of… Continue Reading
Cree settles patent suit with LED co. Bridgelux
Efficient lighting company Cree has settled its patent infringement lawsuit with Sunnyvale, Calif. LED maker Bridgelux after two years of litigation. Not only must Bridgelux pay to license the technology from Cree — technology that increases the efficiency of LED lighting systems — but it… Continue Reading
Brammo raises $10M for electric motorcycles
It may not sound as impressive as Fisker Automotive’s whopping $65 million haul, but Brammo’s $10 million first round, led by Chrysalix Energy Venture Capital, Best Buy Venture Capital (yes, you read that correctly) and others, is nothing to sneeze at. The Ashland, Ore.-based developer… Continue Reading
H2scan raises $4M for hydrogen monitoring technology
H2scan, a Valencia, Calif.-based maker of hydrogen sensing devices, has received $4 million in fourth round funding from Chrysalix Energy Venture Capital, H5 Capital, Tri-Strip Associates, TGB Partners and Ravinia Venture Fund. Members of the Tech Coast and Pasadena Angels also joined the round; all… Continue Reading
BridgeLux, another clean-light company — but faces lawsuit
BridgeLux, maker of chips for “light emitting diodes” that are environmentally cleaner lighting sources than standard lightbulbs, has raised a $23 million third round of funding, according to VentureWire (subscription required).
It joins the rush of other LED companies, including D.lightdesign (coverage), Quanlight (coverage), Intematix (raised… Continue Reading