The venture capital old boys club is just that: old school. And like many things that aren’t working for the traditional VC’s, a failure to evolve is just a competitive disadvantage. Read More »
Cleantech
Kleiner Perkins says it has closed its next $525 million fund 15 and confirms that cleantech-focused investors Ray Lane and Bill Joy will not be leading investments for the new fund. Read More »
Gen110 started out as a solar sales and marketing company in 2009, and now it plans to add other residential energy services and has lined up Kleiner Perkins Caufield & Byers as an investor to help its expansion, Gen110 said Thursday. Read More »
Despite continued struggles for next-gen biofuel makers, VCs are still putting money into startups, particularly when it comes to follow-on rounds. EdeniQ announced that it has raised another round of more than $30 million from investors including Kleiner Perkins, Draper Fisher Jurvetson, and The Westly Group. Read More »
Electric car charging network owner Coulomb Technologies has lined up $47.5 million to expand its reach during a year when more new electric vehicle models are showing up. Read More »
It’s no secret that it’s been a rocky road for many venture capitalists that have invested in greentech. Now according to Dow Jones Venture Wire, Draper Fisher Jurvetson, which has one of the largest greentech portfolios, is shifting away from investing in greentech startups. Read More »
Kleiner Perkin’s partner Ray Lane is not listed as a general partner on fund documents for prospective limited partners for Kleiner Perkin’s next early stage fund, though Lane will still be active at the firm, reports Fortune’s Dan Primack. Read More »
Harvest Power is raising $110 million from investors including Al Gore’s fund, venture firm Kleiner Perkins and a fund led by former First Solar CEO Michael Ahearn to build out its facilities that turn organic waste into fertilizer and energy. Read More »
Nine more utilities, and three large energy vendors, announced support on Thursday for the Green Button project, which enables utility customers to download their energy consumption data with a click of a button and also use that data for energy-saving apps. Read More »
Grid battery startup Aquion Energy announced on Tuesday that it plans to build a factory in Pennsylvania and begin production of its sodium batteries starting in 2013. Read More »
It’s now clear that the delays for Fisker’s electric car the Karma have veered the company off track. But just how far is Fisker from its original goals? Read More »
Enphase Energy wants to raise money from the public market, but given how much the IPO market sucks these days, the solar power conversion gear company is turning to private investors. The company has raised $21.86 million from a fundraising goal of $81.86 million. Read More »