When solar maker Solyndra files for bankruptcy it could lose a big chunk of its VC backers $1.1 billion (we’ll see how much any assets go for). That could make it the largest loss for venture capitalists in history. Read More »
Cleantech
Recently-public biofuel and chemical maker Gevo is holding the official ground breaking ceremony for its first commercial-scale project, a retrofit of an old ethanol plant in Luverne, Minn. on Tuesday. Read More »
Yet another biofuel startup has filed for an IPO this week, and this time its backers are Silicon Valley heavyweights. On the heels of PetroAlgae filing its S-1, Gevo, which is backed by Khosla and Virgin Fund, plans to raise up to $150 million in an… Read More »
Think of it as a friendly backseat driver with a remarkable mind for calculating risk and a keen ability to cut your fuel use and emissions. That’s kind of how 7-year-old startup GreenRoad Technologies’ tool works for improving driver behavior through real-time feedback. GreenRoad’s system… Read More »
We knew that cleantech startups were getting less venture-capital funding, but it looks like later-stage companies are really suffering. At the Financing the Cleantech Vision conference hosted by Thomson Reuters’ Venture Capital Journal in Palo Alto, Calif., on Thursday, Virgin Green Fund partner Anup Jacob… Read More »
Secretive thin-film solar startup Solyndra unveiled for the first time today its solar module design for commercial rooftops and funding totaling more than $600 million. The company says its design can cut the cost of installing solar rooftops in half and reduce installation time… Read More »