Cleanweb connects at this year’s Disrupt conference

Tech Crunch's Disrupt conference in San Francisco is usually a pretty big event for start-ups across the country. This year’s conference held earlier this month received quite a bit more media attention, as all eyes were on Facebook (FB) CEO Mark Zuckerberg as he gave a much anticipated ‘Fireside Chat’ to discuss Facebook’s difficulties following its IPO. Disrupt is a forum where venture … [Read more...]

The Jetson’s home of the future gets closer to reality

The Jetsons cartoon celebrated its 50th birthday this past weekend, and while we don’t have flying cars and moving sidewalks yet, part of the cartoon’s futuristic vision is finally becoming a reality. In the Jetson’s home, everything could be controlled by the press of a button on a remote control. Blackstone (BX), one of the world’s largest private equity firms, is placing a big bet on the market … [Read more...]

Venture Capital and Cleantech weekly update

Space-Time Insight, a provider of geospatial analytics, has raised $14 million in Series B funding to further develop its geospatial and visual analytics software. EnerTech Capital, Novus Energy Partners, and ClearSky Power & Technology Fund, join existing investors, Opus Capital Ventures and Start Up Farms International (SUFI), in this round of financing.  STI takes disparate data sets to … [Read more...]

More headwinds for the electric vehicle industry

The electric vehicle industry received more bad news this week, as a report questions the ability to achieve the governments’ goals for EVs, and a highly anticipated IPO is cancelled. Over the next seven years, the federal government will spend $7.5 billion on policies to boost the EV industry, however a new report from the Congressional Budget Office (CBO) raises questions about how quickly … [Read more...]

Largest PACE program in the country underway in California

126 cities along with 14 counties in California have launched CaliforniaFIRST, the nation’s largest finance program for green building upgrades that uses the Property Assessed Clean Energy (PACE) financing model. The initiative, created by the California Statewide Communities Development Authority, lets commercial property owners use municipal bonds to finance energy and water projects in an … [Read more...]

Fortune 500 companies place big bets on cleantech

There is currently a shift taking place in cleantech investment, and it is coming from corporations throughout the world. While venture capitalist-backed cleantech companies are still getting funding from traditional VCs, a larger share is coming from direct investment from industry and their corporate venture capital arms.  According to a recent report, corporate VCs participated in 16.3 percent … [Read more...]

Venture Capital and Cleantech weekly update

Blue River Technology, a developer of computer vision and robotics for agriculture, announced it has raised $3.1 million in Series A funding led by Khosla Ventures.  The company seeks to provide an alternative to chemical-intensive agriculture by the replacement of hazardous chemical herbicide with robotic technology. “With global population expected to increase to 9.5 billion by 2050, … [Read more...]

New brief outlines methods for states to develop Green Banks

A new research brief from the Brookings-Rockefeller Project on State and Metropolitan Innovation highlights the groundbreaking impact of Connecticut’s ‘green bank’ and proposes ways for other states to follow in Connecticut’s footsteps. The main goal of the green bank, formally called the Clean Energy Finance and Investment Authority (CEFIA), is to transition the state’s clean energy programs away … [Read more...]

Report shows continued surge in solar installations, stocks continue to bounce along the bottom

Solar installations in the US continue at a torrid pace, but investors continue to wonder if this boom in growth will ever reciprocate a boom in solar stock prices. According to a report just released by GTM Research, the US solar industry achieved its second-best quarter in history, installing 742 MW of solar power. Utility installations reached 477 MW, the best quarter on record for the utility … [Read more...]

Venture Capital and Cleantech weekly update

Synodon, a developer of advanced remote sensing technologies received $1,449,303 from an undisclosed investor. The deal completes the first tranche of its previously announced private placement of unit at a price of $0.10 per Unit. The Units are composed of one Class A common share and one Share purchase warrant. Each warrant entitles the holder to purchase one Share of the Corporation at an … [Read more...]