A better way to cool LEDs gets attention from GE
GE backs startup Nuventix, which has developed a cooling technology for LEDs and electronics. The tech can help LED-makers cool lights without using a larger fixture size. Read more »
Mitsui Backs Redwood Systems’ Smart Lighting
Mitsui sees the promise of networked, smart, LED lighting. This morning, Redwood Systems announced it has raised $3.5 million from Mitsui’s investment arm. Investment Partner Shin Kodera called the funding “a testament to the impact we believe Redwood’s technology will have on the global business landscape.” Read more »
Google Plans to Announce Smart LED Deal With Lighting Science Group
Google is kicking off its big developer’s conference, Google I/O, in San Francisco, this morning, and along with all of the apptastic and Android news that will come out, Google also plans to announce some kind of deal with Lighting Science Group for smart LED systems. Read more »
Subscriber Content
Green IT Q1: Cleantech Breaking Out — and Bracing for Hard Times
Is the greentech industry headed for a breakout year or is it retrenching for hard times to come? The first three months of 2011 provided evidence that could support both assertions, with a big rise in venture capital investment and a big drop-off in global energy financing. Solar power remained the largest green technology sector in terms of venture capital investment, while in the world of electric vehicles, GM’s Chevy Volt hybrid and Nissan’s all-electric Leaf — the first two mainstream plug-in vehicles — hit the showroom floors in significant numbers. Meanwhile the smart grid sector’s relative dearth of VC investment was more than made up for by the massive round of acquisitions. Companies mentioned in this report include NRG Energy, Microsoft, Silver Spring Networks, Tesla and BrightSource Energy. For a full list of companies, and to read the full report, sign up for a free trial. Read more at GigaOM Pro »
Digital Lumens Raises $10M for Smart Lighting
What do you get when you combine computer intelligence, efficient LEDs and industrial buildings?: An idea that investors want to back. Digital Lumens announced that it has raised another $10 million, which will help it expands sales of its technology that combines LEDs with networking software. Read more »
