Posts Tagged ‘venture capital’

7 April 2009

Chinese cleantech investor Northern Light Venture Capital promotes two

China-focused venture capital firm Northern Light Venture Capital has promoted Elton Jiang to managing director and Lixin Li to venture partner.

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6 April 2009

Fotowatio Renewable Ventures completes first half of MMA Renewable Ventures purchase

MMA Renewable Ventures, a subsidiary of Municipal Mortgage & Equity, has completed the first closing in the sale of substantially all of its renewable energy business. MuniMae agreed at the start of March 2009 to sell certain assets of MMA Renewable Ventures to Fotowatio Renewable Ventures. Fotowatio made an advance payment toMuniMae of $1.5m.

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6 April 2009

Emerging technology-focused venture capital firm Velocity Venture Capital promotes two to general partner, holds first closing on $60m fund

Californian venture capital firm Velocity Venture Capital has promoted Farid Dibachi and Henry Montgomery to general partner, according to reports. The firm, which focuses on investments in the cleantech, life sciences, software and internet sectors, has also held a first close on its third fund, which has a target of $60m.

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3 April 2009

Energy efficient battery company Lilliputian Systems raises additional $28m in venture funding

Energy efficient battery company Lilliputian Systems, Inc., has raised an additional $28m in venture funding, with current investors Kleiner Perkins Caufield Byers, Atlas Venture, Fairhaven Capital and Rockport Capital joined by new investors Stata Venture Partners and Altira Group.

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2 April 2009

Belgian private equity firm Gimv looks to cleantech with addition of industry veteran Marc Van Sande to advisory board of Gimv Technology

Belgian private equity firm Gimv has appointed Marc Van Sande to the advisory board of Gimv Technology.

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1 April 2009

US venture capital investment in cleantech and renewable energy exceeds $836.1m in Q1 2009p

Venture capital investment in clean energy totaled $836.1m in 59 deals in the first quarter of 2009, according to a recent report, with numbers approximately back to 2007 levels.

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31 March 2009

VantagePoint Venture Partners welcomes two new additions to cleantech practice

US venture capital firm VantagePoint Venture Partners has welcomed two new partners to its firm. Brad Mattson and Mark Platshon will join the firm's cleantech practice.

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31 March 2009

Google Ventures to target cleantech

Google's newly established venture capital arm, Google Ventures, will focus on cleantech investments, as well as industries including consumer internet, software, hardware, biotech and healthcare, the company revealed.

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31 March 2009

Truell brothers launch UK cleantech venture capital firm

The founders of UK private equity firm Duke Street Capital, Edmund and Danny Truell, have established a new cleantech and renewable energy-focused venture capital firm, Curzon Park Capital, according to reports.

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30 March 2009

NewNet Investor Profile: Dr Helmut Vorndran, Ventizz Capital Partnersp

Dr Helmut Vorndran discusses investment into the solar and wind sectors, the valuation dips facing the cleantech space and the future for private equity and clean energy. 'I am convinced that renewable energy and cleantech will be one of the dominating industry segments for the private equity and venture capital spaces.'

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27 March 2009

German technology-focused venture capital firm Target Partners has appointed Olaf Jacobi as a partner

Munich-based venture capital firm Target Partners has appointed Olaf Jacobi as a new partner. Olaf has been a venture partner at Target Partners for the past two years.

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25 March 2009

Nordic Windpower closes additional funding in covertible notes for wind turbine expansion

Nordic Windpower, a manufacturer of wind turbines, has closed additional funding in the form of convertible notes. Current investors including Goldman Sachs and Impax Asset Management participated in the funding along with new investors 12BF Venture Capital and Pulsar Energy Capital.

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24 March 2009

US venture capital-backed solar panel manufacturer AVA Solar renames itself Abound Solar

AVA Solar, a manufacturer of thin-film photovoltaic solar panels, has renamed itself Abound Solar. Fueled in part by enhanced federal support, including tax credits and loan guarantees, for renewable energy, the global solar industry is expected to continue to grow 30 per cent annually for the foreseeable future, driving increased demand for cost-effective solar modules,[...]

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24 March 2009

US venture capital firm Redpoint Ventures adds to investment team

Redpoint Ventures, a US venture capital firm, has added to its investment team with the addition of entrepreneur Satish Dharmaraj as partner and Dr Nety Krishna as venture partner and CTO of the energy, materials and environment practice.

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23 March 2009

Solar module producer Sencera receives $5.2m funding after successful silcon solar cell test

Sencera, a photovoltaic modules manufacturer, has received $5.2m funding after successfully placing single-junction silicon solar cells with an initial 8.7 per cent sunlight to electricity conversion efficiency under standard test conditions.

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19 March 2009

US smart grid company Silver Spring raises a further $15m in venture capital

US smart grid company Silver Spring Networks has raised an additional $15m in a $90m Series D funding round, according to reports.

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19 March 2009

Ontario unveils $250m green technology fund

The Canadian province of Ontario is creating a new fund to drive start-up investment in green technology companies. Starting in July, the Emerging Technologies Fund will invest CAN$250m dollars over five years together with qualified venture capital funds and private sector investors.

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16 March 2009

NewNet Investor Profile: Matt Taylor, Foresight Groupp

Matt Taylor discusses the environmental infrastructure sector, the strategy behind a succesful biomass investment and why he tends to steer clear of some of the newer crop of technologies. ‘We are pretty sceptical about a lot of the technology plays. Because there is a lot of existing commitment behind change in certain areas, such as getting this new infrastructure in place, while there will be technological improvements, a lot of the developments in this space will be about using what we already know, and the refinement of existing technologies, rather than a radical introduction of completely new technologies. I prefer to focus on what is good now, rather than what could be good somewhere down the line.'

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13 March 2009

Technology-focused venture capital firm OVP Venture Partners appoints Irving Weissman to technical advisory group

Early stage venture capital firm OVP Venture Partners has appointed scientist Irving L Weissman, MD, to its technical advisory group.

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12 March 2009

UK Secretary of State for Business highlights low carbon industries as growth area for private equity

Private equity and venture capital investment in low carbon industries will play a vital role in helping the UK economy get back on its feet, according to Lord Mandelson, the UK Secretary of State for Business, Enterprise and Regulatory Reform.

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