More science-energy Stories
In Brief

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.

Upcoming Events

On The Web

Fast Company published a lengthy and detailed article on the downfall of electric car infrastructure startup Better Place. The piece is filled with insights like “Shai math,” which employees and investors called the funky math that founder and former CEO Shai Agassi employed in running the business and in interviews with the media (like us!). It’s a tale of supremely chugging one’s own Kool-Aid. I did one of the last public interviews with Agassi in early 2013 on Better Place.

Better Place Israel

loading external resource
In Brief

Nest has had fans in the U.K. since it launched, but on Wednesday the thermostat-maker (recently bought by Google), started selling a U.K.-specific version of its home temperature device. The U.K. Nest thermostat solves different problems than the U.S. and Canadian versions (home heating works differently across the pond) and the U.K. version is also much more likely to need an installer.

Screen Shot 2014-04-02 at 8.45.43 AM

In Brief

Beleaguered biofuel maker Kior has managed to close the financing it was hoping from investor Vinod Khosla, which will keep the company from temporarily defaulting on its loans and filing for bankruptcy. In a filing, Kior says it will be getting monthly installments of $5 million (via a note purchase agreement) for up to $25 million. This could keep Kior afloat for a few months, but the company will need to raise much more project financing to move toward commercialization again. Kior’s stock is up over 50 percent on the news to $0.90 per share in morning trading. Check out my recent piece on the story of Kior.

In Brief

Startup OneRoof Energy has closed another funding round of $31.5 million, according to a filing. Launched in 2011 and based in San Diego, Calif., OneRoof teams up with roofers and electricians to sell rooftop solar systems and financing products (like leases). The company has also raised funding from Morgan Stanley, Black Coral Capital’s energy fund and Korean power company Hanwha. The market for solar panel systems is growing dramatically in the U.S.

This $31.5 million is a subset of OneRoof Energy’s recent reverse merger with Carlaw Capital IV, a Canadian capital pool company, with total proceeds of around 50 million Canadian dollars. The $31.5 million is the portion of shares purchased by U.S. investors.

Updated on March 31, 11:04 AM PST to clarify the funding.

Solar panel

Connected Car Mouse
photo: Shutterstock / Mopic

IBM is putting its data analytics to work on information collected from Peugeot’s in-car sensors, ostensibly combining it with data from traffic infrastructure and smartphones to create better car apps and more network-aware vehicles. Read more »

134567237page 5 of 237

You're subscribed! If you like, you can update your settings