Ausra rakes in $24.5M for solar thermal power
A little over a month after opening its first 130,000-square-foot factory in Las Vegas, Palo Alto, Calif.-based Ausra, a developer of utility-level solar thermal power, has raised $24.5 million in a third roundof funding from returning investors Khosla Ventures and KPCB. New investor KERN Partners,… Continue Reading
ArcelorMittal launches cleantech and carbon funds
ArcelorMittal, the world’s largest steel manufacturer, has announced the creation of two new funds: a cleantech venture capital fund which will initially invest $20 million in Miasole and a €100 million ($157 million) carbon fund.
The Luxembourg-based multinational will work with several leading VC firms, including… Continue Reading
Lehigh Technologies closes “substantial” funding round for rubber recycling
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… Continue Reading