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Daily Sprout

NEA Clears $2B With Latest Fund: New Enterprise Associates, which has backed Bloom Energy, Gridpoint and Serious Materials, has just added another $1 billion to its 13th fund, bringing the total to $2.15 billion. — VentureBeat

Musk on Letterman: Tesla Motors CEO Elon Musk is scheduled to appear on the Late Show with David Letterman tomorrow night along with Tesla’s Model S electric concept car. — Edmunds Inside Line

Turning Carbon Into Fuel: A team at the Institute of Bioengineering and Nanotechnology in Singapore has devised a process for converting carbon dioxide into methanol at room temperature. — New Scientist

Chint Solar Grabs $50M: Two-year-old solar power producer Chint Solar, based in China, has raised $50 million in first-round funding led by Cybernaut and Shanghai Alliance Investment. — peHUB

Leave EVs to the Entrepreneurs?: Electric cars might ease a lot of problems related to auto emissions, but columnist Charles Lane argues the Obama administration should refrain from lavishing public money on losing propositions such as GM’s Volt and let the entrepreneurs keep on tinkering. — Washington Post