SynapSense gets $7M to make data centers more energy efficient
SynapSense, a Folsom, Calif. company that uses wireless sensors to track thermal, pressure and humidity conditions in corporate data centers, has tacked $7 million onto its second round of financing.
Its customers include the New York Stock Exchange and Verizon, among others.
Data centers are where companies store their servers and other networking and power gear. As the recession pinches capital budgets, companies are looking to get more out of the data center capacity they already have…. Continue Reading
Vaperma scoops up $5.5 for ethanol-filtration
Vaperma, maker of the Siftek membrane system used to drain water from ethanol, brought in a $5.5 million tranche of a $17.2 million second round of funding. The money will go toward the Quebec City company’s first shipments of filters and additional product research, reports VentureWire.
The filtration system — also capable of separating out nitrogen and oxygen for industrial purposes — will be sold for between $5 and $10 million. Vaperma is already testing two… Continue Reading
Xunlight raises another $11M for thin-film solar modules
Xunlight is on a roll: Only a few weeks after disclosing that it had raised $4.97 million from Ohio’s Third Frontier Projects, the Toledo-based developer of flexible, low cost thin-film silicon modules has secured another $11 million in third round funding from a group of institutional investors, led by Rabo Ventures. Returning investors included Trident Capital and Emerald Technology Ventures.
The company plans on using the funds to expand its manufacturing operations; it currently operates a… Continue Reading
Arxx Building Products raises $5M for green building materials
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 the Ozarks, Missouri. According to an article about the development in STLtoday, using Arxx flooring and walls also reduces insurance costs.
There are… Continue Reading
Vaperma, for removing water from ethanol, raises CDN $21.5M
Vaperma is a Quebec City, Canada based company that makes dewatering systems for ethanol producers.
Water is a by-product of ethanol production, and must be removed before the product is finished. Vaperma’s specialized membranes can selectively drain the water away, a method the company says is cheaper than distillation columns or chemical dryers.
The CDN $21.5 million funding (about USD $23.1 million) was led by Low Carbon Accelerator Limited. Also participating were Volvo Technology Transfer Corporation, BDC… Continue Reading
Advanced BioNutrition snaps up $7.8M for seafood nutrition
Columbia, Md.’s Advanced BioNutrition, a developer of aquaculture products, raised $7.75 million in a third funding round. The company makes microbe-produced versions of fatty acids and amino acids found in fish oil and fish meal, which can then be used as “organic” ingredients in feed for farmed fish, shrimp and other seafood creatures.
The Sea Change Investment Fund led the round, joined by Sherbrooke Capital, Emerald Technology Ventures, BASF Venture Capital and Arancia Industrial SA.