With $15M new funding, Cyrium will fight Boeing and Emcore for the concentrating solar market
When we talk about concentrating photovoltaics (CPV), it’s the lenses, mirrors and tracking systems that focus sunlight onto solar cells that get all the attention. But why not the cells themselves? A little-discussed handicap in CPV is the near-monopoly two public companies, Boeing’s (BA) Spectrolab and Emcore (EMKR), enjoy on high-efficiency cells.
That’s starkly different from the other solar markets, in which dozens of startups are vying for attention. One reason the two companies reign uncontested… Continue Reading
Water and food cleaning co., Novazone, raises $7M
Novazone, a Livermore start-up that provides a way to clean and disinfect food and water using ozone technology, has raised $7 million in a second round of financing.
Chrysalix Energy led the round with participation from existing investors, Foundation Capital and Grauer Capital. In addition, Greg Sullivan, managing director of Chrysalix Energy, has joined Novazone’s board of directors.
Last year, the company raised $10.6M in a first round. He’s part of what we wrote about the… Continue Reading