After pivoting from building electric cars to building car sharing tech for companies, startup Local Motion raises a round from Andreessen Horowitz and brings Steven Sinofsky onto its board. Read more »
As Kior misses its production targets, sees its stock drop dramatically, and lists doubts in a filing about its ability to continue as a going concern, an investor hits the company with a potential class action lawsuit. Read more »
The energy fund of private equity group Silver Lake has managed to raise $650 million for later stage energy and resource management companies. It’s been a difficult road for cleantech funding in recent years. Read more »
Tesla is just starting to be seen as a threat by many in the auto industry — a decade after Tesla was founded. So now what do they do? Read more »
A year-old startup aiming to be the Zipcar of India — Zoom — now has 50 cars in Bangalore being rented by the hour and day. Read more »
If you believe the coal industry (or reports sponsored by the coal industry), coal power is the only way to fuel the growth of the Internet and the cloud. Read more »
Electric car company Tesla has quietly released the latest over-the-air firmware (5.0) update for the Model S, reports Autoblog Green, and it comes with a better sleep mode, as well as other enhancements like the ability for the car to connect with Wi-Fi networks.
There’s a high demand for designer entrepreneurs and not enough supply of them, says Wired. One of the problems? Just plain awareness and lack of exposure. Designers haven’t traditionally seen entrepreneurialism as an option. We’ll highlight designer founders at our RoadMap conference in November in San Francisco.
Want a fantastical machine that will convert regular money into Bitcoins? A startup just opened up pre-orders for its Bitcoin Machine. And, well, best to consult an attorney before operating. Read more »
London’s bustling with young home grown tech entrepreneurs. But where are all the growing, revenue-generating London-born tech firms? Read more »
At the Aspen Ideas festival a panel on product design featured some well known entrepreneurs giving words of wisdom to future founders: Nest’s Tony Fadell suggests working with your heros; Path’s Dave Morin says “just start” (as starting is half the battle); Flipboard’s Mike McCue says run the “mom test” for every product; And designer Yves Behar says find your passion and do what you love. Fadell will be speaking at our RoadMap conference and we’ll be focusing on similar discussions from designer founders.
Once-promising Serious Energy has been selling off its assets one by one, including its energy software product, to a subsidiary of Ingersoll Rand. It’s a familiar tale in the cleantech sector. Read more »
Leases for fuel cells! Bloom Energy has a new leasing program with Bank of America Merrill Lynch that could make fuel cells even more accessible to regular businesses. Read more »
A direct marketing company majority-owned by Guthy-Renker — the Proactiv infomercial folks — is being acquired by solar panel installer SolarCity. It’s time for solar panels to enter the modern marketing age. Read more »
Beleaguered solar startup Nanosolar has opened up the auction of its assets and solar manufacturing equipment. The fate is similar to many next-gen solar manufacturing startups, and represents large losses for investors. Read more »
Elon Musk just unveiled the design of the Hyperloop, which could enable us to travel 800 miles per hour between SF and LA. Here’s some potential hurdles with such a plan, from a Navigant Research analyst. Read more »
Tesla has been working for awhile on providing the option of video cameras instead of side door mirrors, which could reduce drag, add a cool tech aspect, and even give different visibility functions. When they showed off the Model X prototype in Winter 2012 it had video camera mirrors. While regulators have long pushed back on this idea, interviews suggest that Tesla is spear-heading trying to change these regulations.
A prototype drone made by a venture-backed startup and a defense company is using next-gen thin film solar panels to keep it in the air for over 9 hours. Read more »
Venture capital firm Kleiner Perkins is getting rid of a small, early investment from back in 2005 in a highly controversial energy storage startup called EEStor. Read more »
Several months after launching, East London’s FinTech accelerator Level39 is full and looking for growth around smart cities tech. Read more »
Next-gen biofuel company KiOR misses its production targets from its new biocrude making plant by 75 percent. It’s still slow going for these companies trying to scale up and compete with oil. Read more »
OLED is heating up as Samsung plans to spend $350 million acquiring German OLED company Novaled. Read more »
Tesla might face the same problem that Apple did when it wanted to enter China: trademark trolls. According to Want China Times, Tesla’s trademark has already been registered by a couple of trademark squatters who are asking high prices.
The least efficient thing we do is feed cows grass, corn, water, to produce steaks. It’s not sustainable. I think technology can replace meat from animals. I have a name for our enterprise. It’s called “motherless meat” because vegans have a rule that if it has a mother, they won’t eat it. If we can take the genes that produce meat proteins, take the fat from algae cells, we think we can make healthy meat. It will taste more like meat, and you eliminate the cows and all the processes that we do.
At our two-day RoadMap event in November in San Francisco, we’ll highlight the ideas and lessons from the leading experience designers, creative founders and innovative product developers. Read more »
Tesla has delivered the first Model S cars to the first few customers in Europe, in Norway, Switzerland and the Netherlands. Norway could see 800 Model S cars on its roads by the end of 2013. Read more »
Tesla unveiled a better than expected earnings, record deliveries of Model S cars, and delivered its first Model S cars to Europe. Wall Street applauds. Read more »
Misfit’s Shine — the thumb-sized minimalistic activity tracker — is launching in Apple stores internationally. Read more »
The next model of the Chevy Volt will be $5K cheaper. GM has slashed the cost to help spur sales. Read more »
Turns out our lovable robot overlords, which in theory are better at almost everything, are pretty useful when it comes to sniffing out escaping methane at landfills or around gas pipes. The “Gasbot” was created at the AASS Research Centre at Orebro University in Sweden and it uses GPS, laser scanners and a remote gas sensor to help plug those leaks and keep emissions out of the atmosphere.
Startup Redwood Systems, which makes networked LED management systems that run over ethernet cables, has been acquired for a modest sum, by broadband company CommScope. Read more »
A smart home IPO! Control4 will start trading on Friday under the symbol CTRL, and has priced its shares at the midpoint of its range. Read more »
This week Washington DC kicked off a project that collects and organizes building energy data in granular 15-minute intervals, one of the first and biggest of its kind. Startup Honest Buildings is providing the underlying software. Read more »
The IEEE Spectrum pulls out a great quote from an interview with the co-discoverer of graphene, Sir Andre Geim, on the U.K. government’s push to create a Silicon Valley for graphene in England:
“I’m not interested in going into industry or property development or creating ‘graphene valley’ as the government would like me to. It’s a bit silly for society to throw a little bit of money at something and expect it to change the world. Everything takes time.”
Algae fuel startup Sapphire Energy says it’s reached a milestone: it’s paid back a large loan to the U.S. government. Some energy-focused startups are actually doing OK. Read more »
The Open Data Institute, a non-profit in London that’s working to create demand for open data through research, storytelling, consulting and startup incubation, is starting to get some velocity. Read more »
Here’s what BMW’s electric i3 2014 car looks like. The car company unveiled it today in three cities. What do you think? Read more »
Down the road, the utility sector could be totally fracked (power joke) if they don’t embrace and enable new cleaner, distributed, and digitally-managed technologies for the grid. Read more »
While Tesla has publicly said it plans to launch its Model S electric car in China this year, the San Jose Mercury digs into the details: a show room at the Parkview Green mall in central Beijing, which will be three times the size of U.S. show rooms.
As BrightSource moves ever closer to finishing its massive solar thermal farm near Las Vegas, the company is raising more money. Read more »