Constructive Media raises funds for business-based social networking
Constructive Media, provider of social networking tools to help company leaders partnerships and communicate with their partners, has brought in an undisclosed amount in a first round of financing from Yaletown Venture Partners.
While the Morgan Hill, Calif., company says it has been profitable for the last 13 years since its founding, the new money will be used to support a growth spurt. The company hopes to bring in new customers and implement new strategies, it… Continue Reading
NxtGen Emission Controls gets $15M for cleaner diesel
Rather than building an improved diesel engine from scratch like EcoMotors or Achates Power, a Canadian company called NxtGen Emission Controls just wants to clean up the old ones.
The company makes an add-on for existing engines that converts diesel fuel to a cleaner-burning mix before it hits the combustion chamber. However, its products won’t be on sale until next year.
The $15.4 million investment was led by Altira. Japanese auto company Itochu also participated, along with… Continue Reading
Microstaq, the chip company that wants to cut air conditioning costs, raises $12.5M more
Microstaq, the Austin, Texas company that has designed a chip that performs some of the functions in an air conditioner while cutting the costs by 20 percent to 30 percent, has raised $12.5 million in second round of financing (Series B).
Good Energies led the investment. Existing backers Yaletown Venture Partners and Polygon Group also participated. The company has raised $22.5 million to date. We wrote about the company here, when it presented at the DEMO… Continue Reading
DEMOfall 08: Microstaq shows micro-machined chip that can cut air-conditioning costs
Air-conditioning seemed an unlikely topic at the DEMOfall 08 conference. But cutting the cost of air-conditioning is one of the applications of a new chip from Microstaq. Needless to say, it was cool.
The Austin, Texas-based company has designed a micro-machined chip that performs some of the functions in an air conditioner while cutting the costs by 20 percent to 30 percent. The term “micro-machined” refers to a MEMS chip, or micro-electro-mechanical system. That is essentially… Continue Reading
Promising a cheap silicon supply for solar, 6N Silicon raises $20M
One of the solar photovoltaic industry’s biggest problems right now is a lack of polysilicon needed to make their solar cells. Supply shortages aren’t expected to ease up for another couple years; meanwhile, those who do have solar-grade silicon to sell are making money hand-over-fist.
6N Silicon wants to join the fray with a proprietary manufacturing process of its own, which is capable of improving low-grade silicon enough to be of use in solar (but not… Continue Reading
Zeugma Systems raises $22.5M for next-gen broadband
Zeugma Systems is a Vancouver, B.C. company that says it is developing a telecommunications network for next-generation high-speed broadband.
The company will use the most recent round of funding for its commercial launch, but has so far remained in stealth, and has not yet announced any specific products.
Zeugma System’s hefty second round of funding was led by Vertex Venture Capital. Return investors Granite Ventures, Ventures West, Yaletown Venture Partners, GrowthWorks Capital and BDC Venture Capital also… Continue Reading
Cogent Health, maker of healthcare IT systems, raises $3M
Cogent Health Solutions, a Vancouver-based provider of computerized systems for managing cancer care, raised $3 million in its first funding round. Yaletown Venture Partners led the deal, joined by angel investors.
Cogent’s Web-based system aims to help cancer, nutrition and counseling specialists better manage the long-term care of cancer survivors, who often face daunting health and lifestyle challenges following cancer treatment that frequently includes surgery and toxic radiation or chemotherapy. The system is designed to track… Continue Reading