Cool Earth Solar, a Livermore, Calif. company that says it has developed a new solar concentration technology, has raised $750,000 in a seed round of financing, VentureWire reports (sub required).

The company has a good presentation of its technology here.

Cool Earth Solar was founded by Eric Cummings, a former researcher at the Sandia National Laboratories and founder of Livermore-based laboratory equipment manufacturer LabSmith Inc., in December 2006. The round consisted of undisclosed angel investors, with Cummings saying he expected the financing to re-open for an additional $200,000 close.

Cool Earth Solar joins a number of companies trying to concentrate solar power in various ways, including Energy Innovations, SolFocus and Soliant.


VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member