VC-backed LED startup Luminus Devices has been sold off to a Chinese lighting company. Following in the footsteps of solar, electric cars, and batteries, LED technology is now also getting bought up by Chinese players. Read more »
Five-year-old, Bill Gates and Khosla-backed, EcoMotors is finally commercializing its efficient engine technology. And it’s got a killer deal to do it: a $200 million plant being built by Chinese auto giant Zhongding Power. Read more »
A startup backed by Khosla Ventures called Transonic Combustion has raised another round of $32 million to deliver a more efficient internal combustion engine. How far away is a more efficient internal combustion 2.0? Read more »
The internal combustion is officially still alive, and delivering efficiency innovation. Read more »
EcoMotors, a startup building an efficient engine, has raised a $32.5 million Series C round led by Braemar Energy Ventures, and including previous investors Khosla Ventures and Bill Gates. Read more »
Here’s some sobering news out of the raucous fourth of July weekend: considering battery prices and $4.50 per gallon gasoline, it’ll take a little under 6 years for a hybrid car to pay off in fuel savings, and 8 years for an electric car. Read more »
Ford is turning to a new tech to reduce the weight of its cars and improve fuel efficiency: tiny bubbles. Ford says it is trialling a technology out of the labs of MIT, now owned by Trexel, called MuCell, which injects micro bubbles into plastic components. Read more »
In the second quarter of 2010, greentech startups scored record venture capital and increased spending despite a weak economy. Solar power retained its lead in greentech venture financing, while global investment for clean energy asset financing fell. China, meanwhile, underscored its rising might in the greentech industry, raising billions of dollars in green energy financing. Read more at GigaOM Pro »
The Boxee Box is in production, and will reach stores as early as late October, according to new information from Boxee (see update after the jump). The company’s Chief Product Officer Zach Klein showed off the very first mass-produced unit in a video today. Read more »
Bill Gates and Vinod Khosla have just turbo charged diesel engine startup EcoMotors International with a “substantial” amount of second-round financing. EcoMotors announced today that Khosla’s venture capital firm Khosla Ventures and Gates are the “two exclusive investors” in this round. Read more »
