CarbonFlow adds $1M as it approaches software release
Carbon-trading software company CarbonFlow has added a $1 million follow-on to its first round of $2.9 million, which it first announced in July. The extra investment was provided by @Ventures.
CarbonFlow’s trading software is designed to comply with the carbon standards set by the Kyoto Protocol, although it also includes national standards. Users, typically corporations, can track, buy or sell carbon credits with the system.
The company was founded in 2006 by Neal Dikeman, a green tech… Continue Reading
Cobalt Biofuels gets $25M for biobutanol
Usually when a startup classifies itself as a biofuel company, it makes one of two fuels: biodiesel or ethanol. However, there’s a range of alternatives that could be commercialized, one of which Cobalt Biofuels is after: biobutanol, a liquid fuel that is more similar to gasoline than ethanol.
Cobalt has just taken a third venture round of $25 million to put further work into the fuel, which it plans to use as an additive for either… Continue Reading
M2E Power raises $8M for self-recharging batteries
Like the self-powered “kinetic” watches many people now wear, M2E Power’s batteries include a micro-generator that continuously recharges battery power as the user moves around.
Aiming at soldiers carrying mobile devices in the field, M2E says it can lower the battery weight they need to carry, saying soldiers often have to carry 10-30 pounds more due to battery-powered equipment.
Where most kinetic watches use the motion of a mechanical arm to wind, M2E’s technology uses magnets in… Continue Reading
Rob Day, the clean-tech VC blogger, moves to @Ventures
I wanted to share some exciting and bittersweet news. I have decided to move on from Expansion Capital Partners (www.expansioncapital.com) to join the investment team at @Ventures (www.ventures.com) in Boston.
Rob Day, the clean-tech VC blogger has moved to Boston to become an associate at @Ventures, leaving his job in San Francisco as associate at Expansion Capital Partners.
Day told VentureBeat he wanted to move back to Boston because both he and his wife are originally from… Continue Reading