MIT spin-out aims to make silicon-based solar competitive with coal by 2012
A series of manufacturing process improvements could make the cost of electricity from silicon-based solar cells comparable to today’s prices for coal generation within about four years, according to a company emerging out of stealth today.
The new startup, called 1366 Technologies, was founded by professor Ely Sachs based off advancements made in the labs of the Massachusetts Institute of Technology. The company has picked up a $12.4 million financing co-led by North Bridge Venture Partners… Continue Reading
Life sciences briefing: Tuesday, Oct. 30, 2007
Featured companies: Acceleron Pharma, Bledsoe Brace Systems, Eurobiobiz, Genoptix, Harmony Information Systems, ImmuneWorks, Pasteuria Bioscience, Renal CarePartners, Quantum Genomics, Synergy Software, Vitreo Retinal Technology
UPDATED: Expanded items on Genoptix and Acceleron Pharma.
Diagnostics biotech Genoptix prices IPO above range, raises up to $98M — Genoptix became one of the first biotechs in a long time to demonstrate some oomph with an IPO, pricing its shares above its expected range and then soaring nearly 50 percent in its first day… Continue Reading
Roundup: Planet Google crowded, Verizon backs off, and more
Here’s the latest action:
1) Google facing employee overload
2) Verizon Wireless abandons legal challenge of FCC rules
3) Qualcomm comes up with competition for WiMAX
4) Could Yahoo finally be giving up social networking?
5) Google’s PageRank changes injure startups, again
And a handful of fundings:
6) Linkstorm raises $4.2 million from 60 angels
7) JibJab takes a further $3 million from Polaris
Zoji receives $1.5 million in seed funding
9) Socialthing raises $300,000 for profile aggregation
Google facing employee overload — Google may be overstocking… Continue Reading