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Posts Tagged ‘inv:Element-partners’

» Lehigh Technologies closes “substantial” funding round for rubber recycling
» EdeniQ quietly raises $33 million for cellulosic ethanol
» Ecore raises $29M from Element Partners for rubber recycling business
» Arxx Building Products raises $5M for green building materials
» Seven Seas Water receives $20M for water desalination

Fat Spaniel bulks up with $18 million, plans expansion to Europe

Chris Morrison | January 22nd, 2008 |

fatspaniel.JPGAlong with alternative energy generation comes a host of attendant technologies, from storage and transmission, to grid management, and measurement and analysis. Fat Spaniel is in that final category, with a set of tools used to measure power output of installations like solar cells.

The company has taken a substantial $18 million second round of funding, which it plans to use to expand in Europe and reach profitability in mid-2009. It has done more than a thousand installations in 12 countries, it says

Fat Spaniel makes software which works with hardware supplied by third-party manufacturers. Together, the two can accurately track output from alternative energy sources such as solar cells. Without such tools, it’s a matter of guesswork to determine how much energy is being produced.

The typical users are system installers, or companies that actually set up energy generation systems, whether for individuals or for giant corporations like Wal-Mart.

Fat Spaniel is working on adding more advanced data analysis, including visualization tools and granular viewing which could help pin-point trouble spots. Continuing to improve on its software will also help the company when a large competitor like GE or Agilent enters the market, which chief technology officer Chris Beekhuis told us he expects to happen within a year and a half.Ignition Partners led the $18 million funding, while Chrysalix Energy and Element Partners (formerly called DFJ Element) also participated. To date, Fat Spaniel has taken a total of $25 million in venture funding.

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Lehigh Technologies closes “substantial” funding round for rubber recycling

Jeremy Jacquot | June 18th, 2008 |

Lehigh Technologies, a Naples, Florida-based rubber recycler, wrapped up what its CEO called a “substantial” funding round in March that was led by new, heavyweight investors KPCB and Index Ventures, according to VentureWire. It previously raised $18 million from NGP Energy Technology Partners and some early seed money from Gulfshore Ventures.
The funds will be used [...]

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EdeniQ quietly raises $33 million for cellulosic ethanol

Jeremy Jacquot | May 30th, 2008 |

updated
EdeniQ, an Encino, Calif.-based cellulosic ethanol startup, has quietly wrapped up a $33 million round of funding as part of its spinoff from parent company Altra Biofuels. PE Hub reports that Advanced Equities Investments and Draper Fisher Jurvetson were the lead investors; other backers include Element Partners, Angeleno Group, The Westly Group, Omninet, DAG Ventures [...]

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Ecore raises $29M from Element Partners for rubber recycling business

Chris Morrison | May 22nd, 2008 |

Ecore International, a recycler of scrap tire rubber based in Lancaster, Penn., has gotten a $29 million investment round from Element Partners to help grow an already large business. Ecore has already been around for 18 years and has several distinct business divisions focusing on sales of recycled materials for specific products like flooring [...]

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Arxx Building Products raises $5M for green building materials

Chris Morrison | March 27th, 2008 | 3 Comments »

Arxx Building Products is an Ontario maker of green building supplies and designs, including the walls and foundations of new homes. The company helps homeowners save money by lowering energy costs for cooling and — especially for Canada — heating. The company is already selling its products, including a new installation in Lake of [...]

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Seven Seas Water receives $20M for water desalination

Chris Morrison | February 4th, 2008 |

Removing the salt and other minerals from sea water has always been an expensive process, due to the cost of both building and operating plants. Seven Seas Water handles the process for Caribbean municipalities, as well as hotels and other private facilities.
The company, which is based on the island of St. Thomas, designs, builds and [...]

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