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Page 201

SustainX gases in $14.4m

GE Energy Financial Services, a unit of US-listed industrial conglomerate General Electric, has backed SustainX last year as part of the first tranche of money from its $200m Ecomagination corporate venturing fund.

Mar 20, 2011

Veolia accelerates innovation partnering

Veolia Innovation Accelerator has partnered five companies, including Envolure, a France-based environmental analysis maker, software company Cosmo, Canada-based Ostara Nutrient Recovery Technologies, GreenRoad, a US fuel-saving start-up, and Advanced Cyclone Systems, a Portugual-based company to filter industrial pollutants.

Mar 20, 2011

BrightSource finds energy for $125m round

According to a regulatory filing, $122m has come from 36 investors after advice from Advanced Equities, compared to last month's update when $89.6m had been raised from 28 investors against a targeted $100m round.

Mar 20, 2011

CoolPlanetBioFuels extends B round

Google Ventures extends CoolPlanetBioFuels B round to about $20m.

Mar 18, 2011

Solazyme plans $100m flotation

Solazyme, a US-based developer of biofuels through the use of algae, said it had raised $129.3m in equity and its strategic investors were Bunge, Chevron, Unilever and San-Ei Gen ahead of its $100m flotation.

Mar 15, 2011

Alta Devices raises $72m

The corporate venturing units backing Alta in the round are: Energy Technology Ventures, a $300m corporate venturing joint venture launched in January by industrial conglomerate General Electric (GE), energy utility NRG Energy and oil major ConocoPhillips; power holding company Constellation Energy; Japan-based conglomerate Sumitomo's Presidio Ventures; and Dow Chemical's Dow Venture Capital.

Mar 10, 2011

Monsanto finds its algae jewel

Monsanto has agreed to take equity in and use Sapphire Energy's algae-based research to discover genes that could be applied to agriculture, particularly in the field of yield and stress.

Mar 9, 2011

Genera Energy raising $15m fund

A report distributed by Venture Nashville Connections said Genera Energy was raising money from third parties for its fund.

Mar 8, 2011

China sparks Amprius funding power

IPV Capital and Qian Neng Fund emerge from China to back US-based Amprius.

Mar 6, 2011

ArcelorMittal backs Powerit

Family office Black Coral Capital led the round for Powerit Solutions with a consortium including Germany-based conglomerate Siemens, steel company ArcelorMittal's Clean Technology Fund, and venture capital firms @Ventures and Expansion Capital Partners.

Mar 3, 2011
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