Startup Oroeco is tying financial data from Mint with carbon emissions data, in the hopes that their app will be compelling enough to change user behavior. Read more »
The Verge published an indepth expose on eccentric energy and computing entrepreneur Mike Cheiky and how he’s been able to convince Valley venture capitalists to invest in his companies, despite some early questionable scientific claims. Cool Planet announced last month that it raised another $100 million (from folks like Google Ventures, BP, UBS, Goldman Sachs and others), and to which my response on Twitter was “I thought this was an April Fools joke, but looks like not.” The companies that Cheiky has founded have distanced themselves from him, and some have changed directions and business models. But the energy industry is particularly susceptible to what I once called “snake oil energy salesmen and green bamboozlers.”
According to Dan Primack’s email newsletter Kleiner Perkins greentech-focused Partner Amol Deshpande appears to have launched a startup called the Farmer’s Business Network. Here’s the SEC filing for it, which shows it’s raised $4.6 million (or a $6 million round) and the company’s headquarters are in Kleiner’s offices in Menlo Park. Deshpande is listed as President and CEO.
Making agriculture more efficient through IT, as well as genetics, is a hot area for investment, while traditional “cleantech” has continued to decline. Deshpande lists on his bio that he’s worked on waste energy company Harvest Power, veggie protein startup Beyond Meat, and “a stealth agricultural company,” among others.