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Page 215

Manifold makes smart move in latest deal

OutSmart Power Systems, a US-based energy management developer previously backed by strategic investor Manifold Products, has raised $200,000 towards a $4m equity round.

May 28, 2010

Alberta backs Enerkem fuels

Canada-based power producer Alberta Energy has invested C$3.35m ($3.1m) in Enerkem Technologies, a Montreal-based provider of synthetic gas and other alternative fuels.

May 28, 2010

Investors do not blink about Think's funding

After twice falling into bankruptcy, Think Global, a Norwegian electric-car maker, has raised a further $40m from venture capitalists and corporate venturers in what the company hopes will be its final funding round until it turns cashflow positive next year.

May 27, 2010

Corporates switch in Solaria funding

Solaria, a California-based developer of solar energy panels, has raised $45m in its fourth funding round but has seen a potential change in its corporate venturer backers.

May 27, 2010

PG&E renames nascent venturing unit

US energy utility PG&E Corporation has renamed its corporate venturing unit after making its first investment since restarting the division in December.

May 27, 2010

Waste Management goes green for plastics

US-based cleaning company Waste Management has made a strategic investment in MicroGreen Polymers, a firm developing technology to reduce the amount of plastic required in consumer products.

May 27, 2010

Dow Venture sifts water deal

Dow Venture Capital, the in-house investment division of the US chemicals company, has invested $3m as part of a second round of funding for Clean Filtration Technologies.

May 27, 2010

Alstom latest spark to fund BrightSource

The host of corporate venturers backing US-based solar power producer BrightSource Energy has increased as part of a $150m fourth funding round.

May 27, 2010
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