Energy

Global Corporate Venturing editor James Mawson was a conference advisory board member at the IBF 13th Annual Corporate Venturing and Innovation Partnering conference February 16-18, 2011. (see quotes at bottom of article.)

David Teten, chief executive of Teten Advisors, with Chris Farmer, venture partner at General Catalyst Partners, make five recommendations to improve the volume and relevance of dealflow.

A round up of all the deals from February 2011.

The full review of 2010's events.

SmartSynch, an electricity equipment company, raises $25.7m from 26 investors in an interim close as part of a planned $33.4m round.

Wesley Chan, a partner at Google Ventures is listed as a director on Transphorm's latest regulatory filing as the company raised $20m in its C round.

A series A round is expected by mid-2011, Novacem said, after UK-based construction company Laing O'Rourke joins a $3m seed round.

Ajoy Mallik, global head, of venture capital private equity, incubation and co-innovation (Coin), told newswire Bloomberg: "These [wind, water, biomass and fuel cells technologies] are the growth engines of the future."

According to a regulatory filing, the $89.6m for BrightSource has so far come from 28 investors after advice from Advanced Equities.

T-Venture joins Yellow&Blue Investment Management, the corporate venturing unit of local power group Eon's Nuon subsidiary, state-backed bank KfW, company and government-backed early-stage investor High-Tech Gruunderfonds, and Siegmund Beteiligungsgesellschaft in Cuculus.

SolarCity, a US-based provider of solar energy services, has acquired peer GroSolar's residential services division from a consortium including Allco Financial Group, a financial services business in liquidation.