venture capital

SolFocus Looking to Close a $35M Round E

Advanced Equities is helping concentrated photovoltaics (CPV) systems vendor SolFocus raise its Round E of venture capital financing. Advanced Equities calls itself a “Venture Capital Investment Bank” and relies on its network of accredited investors and high-net-worth individuals to bring funding to long-in-the-tooth startups hungry for capital. Advanced Equities has been called in to fill […] Read more

Getting Bullish on Cleantech

Lately, I’ve been feeling very bullish on cleantech, from my perspective anyway. I’ve had a number of conversations with peers in the industry, property owners, and others to see what’s happening and if anyone is actually making any money. Don’t get my wrong, I still think there are opportunities. The question is:  are there opportunities […] Read more

Aw Snap! Q2 2012 Cleantech Investment Down

Global cleantech investment dropped to $1.6 billion in the second quarter of 2012, down 14 percent from $1.9 billion in the first quarter and 25 percent down from the $2.1 billion invested in the second quarter of 2011. That’s the bad news from the Cleantech Group’s report Tuesday, which tracks a downturn in green technology […] Read more

SoloPower Raises $10M for Flexible CIGS

SoloPower, a manufacturer of CIGS-based flexible thin-film solar panels, raised a bit more debt and equity in its series E-3 round with an SEC filing of $10.8 million. This would appear to be an extension of the recently filed $7.1 million E-3 round in May. In other SoloPower news, the firm just added Paolo Pietrogrande […] Read more

Soladigm Lands $55M for Smart Windows

Soladigm, the Milpitas, Calif.-based startup with windows that change color and tint to save energy in big buildings, has raised a $55 million Series D round, bringing its total VC haul to $125 million. The round was co-led by Reinet Investments and NanoDimension, and included previous investors DBL Investors, GE, Khosla Ventures, Navitas Capital, Sigma […] Read more

Solar Mosaic Raises $2.5M

Solar Mosaic has raised $2.5 million in its first round of funding for its crowdfunding website that plans to raise money for community solar projects. The Oakland, CA start-up will allow everyone to invest in community solar projects using crowdfunding – an online peer-to-peer lending system that allows individuals to invest – as little as $100 - in solar projects […] Read more

Q1 2012 Cleantech Investment Nosedives

Global green energy investment stumbled badly in the first quarter of 2012, falling to levels not seen since the financial crisis of 2009. Looks like expiring U.S. incentives, European economic crisis, well-publicized solar bankruptcies and the threat of more high-profile green tech companies going under has taken its toll. Bloomberg New Energy Finance reported Thursday […] Read more

Semprius Lands $7.5M for CPV

Can concentrated PV (CPV) compete against the still-plunging prices of standard photovoltaics? Semprius and its investors think so. Semprius just added another $7.5 million in venture capital to its war chest for its high-concentration PV systems. The funding came from existing investors Siemens Venture Capital, ARCH Venture Partners and Intersouth Partners. That follows a $3M […] Read more

PREVIEW: 1Q Cleantech VC Investment Numbers

Despite the headwinds of the economy and the difficulty of bringing cleantech firms to market, VCs are still investing in cleantech, and early signs indicate that 2012 could be a good year for VC investment totals in this broad field. Cleantech Group just gave a sneak peak at the VC investment totals for the first […] Read more

MiaSole Grabs $55 Million

In a tough time for a solar company – especially a thin-film manufacturer – to raise money, MiaSole raised another $55 million to drive its next wave of growth. The company says it’s begun production of modules rated at 14% conversion efficiency, an increase of 30% over the past year. It says it has the industry’s lowest capex per watt because of […] Read more

Nanosolar Raises $20M for Printable Thin Film Solar

Nanosolar, which uses nanotechnology to print thin film solar, closed $20 million to fund expansion. The company is attempting to deliver the lowest cost thin film solar through advanced design and manufacturing processes. Current investors Mohr Davidow Ventures and OnPoint Technologies, Inc. participated in the round with new investor aeris CAPITAL. “We believe solar printing is […] Read more

SolarCity Grabs $81M in Equity Financing

California-based solar energy system provider SolarCity has secured $81 million in equity financing the company said Wednesday. The funding round was co-led by the recently formed energy-focused platform of Silver Lake Partners — Silver Lake Kraftwerk and Valor Equity Partners — and will be used to support SolarCity’s expansion plans and “potential acquisitions.” Growth, it […] Read more

2011 U.S Cleantech Investments

Overall 2011 was a good year for cleantech in the US and the numbers indicate a positive trend that may carry over in 2012. In 2011 we saw increased investment in green technology compared to 2010 and there was also a positive trend as the year progressed. Ernst & Young reports that US venture capital […] Read more

Cleantech Funding Starts Strong in 2012!

Venture firms and strategic investors in cleantech started 2012 off strong with five investments so far in the first week of the year: Transphorm received $5,500,000 from Foundation Capital, Google, Kleiner Perkins Caufield & Byers, Lux Capital, and Soros Fund Management as per a regulatory filing, bringing the total round to $30.5 million. Transphorm announced […] Read more