Google-backed VenturEast readies second VC tech fund
India-focused venture capital firm VenturEast told NewNet it will launch a second technology-focused fund in the next six months after bringing on ex-Draper Fisher Jurvetson venture partner Sateesh Andra.
View ArticleIndividuals, corporates fill cleantech VC funding gap
The venture capital funding gap for UK cleantech start-ups is being filled by high net worth individuals and corporate investors, but for many there is still a shortage of finance when it comes to the...
View ArticleKedco secures VC finance for biomass plant expansion
UK and Ireland-based renewable energy developer Kedco has secured £1.5m from a venture capital trust.
View ArticleEastern European cleantech VC lays out plan for successive fund
A venture capital investor targeting opportunities in Eastern Europe will look to raise a new cleantech fund in 2014.
View ArticleNewNet Investor Profile: Adam de Sola Pool, CEO of Environmental Investment...
As Eastern European countries integrate into the EU, Adam de Sola Pool and his venture capital firm Environmental Investment Partners are supporting the transition to stricter regulations and low...
View ArticleQuasar Ventures launched with $5.4m investment led by Emergence Capital Partners
A Latin American investment firm has launched with $5.4m of strategic backing including the support of a Silicon Valley VC fund.
View ArticleLED company MHA Lighting doubles turnover following £1.5m funding
MHA lighting, a Manchester, UK-based energy efficient LED manufacturer, is aiming to double turnover by the end of the year following a £750,000 investment from the North West Fund for Energy and...
View ArticleFenox Venture Capital invests in Japanese solar company I And C-Cruise
Fenox Venture Capital has made its first green technology investment in I And C-Cruise (IACC), which operates Green Energy Navi – a Japanese solar power web portal.
View ArticleRomo Wind gets VC backing from Yellow&Blue, ABB
Wind farm optimisation company Romo Wind has received €4.8m in funding from Yellow&Blue Investment Management, ABB Technology Ventures, and B-to-v Partners.
View ArticleMabLyte, Watertronix both receive £150,000 funding from Mercia
Early-stage businesses MabLyte and Watertronix have each received investment of £150,000 from Mercia Fund Management through its Growth Fund One vehicle.
View ArticleCogebio raises €1m from Suez, Demeter Partners for biomass
Venture capital fund Blue Orange, the corporate investment fund arm of Suez Environment, along with the Demeter 3 Seed Fund, have invested a combined €1m into biomass company Cogebio.
View ArticleBusiness Development Bank of Canada triples allocation to cleantech VC arm
The Business Development Bank of Canada will push a further C$100m ($96.3m) into its energy and cleantech venture capital fund, tripling the size of the vehicle, in what the bank is describing as a...
View ArticleFifth Street Technology Partner targets venture lending
Alternative asset manager Fifth Street Management has entered into the venture lending space, via new investment firm Fifth Street Technology Partners, based in Silicon Valley.
View ArticleMcRock Capital adds industry experts to advisory board
Canadian green venture capital firm McRock Capital has added Harry Zarek, Mike Fister, Pete Van Deventer, and Peter Williams to its advisory board.
View ArticleSail Capital Partners cancels plans to raise Canadian cleantech fund
Cleantech-focused investment firm Sail Capital Partners has reportedly cancelled plans to raise a C$100m Canadian venture fund.
View ArticleWorldwide clean energy investment drops substantially for 2013
Worldwide investment into clean energy was down to $45.9bn in the third quarter of 2013, representing a 14 per cent drop from the second quarter of this year and 20 per cent below third quarter of 2012.
View ArticleImperial Innovations brings portfolio value up 21 per cent to £188m
UK-based technology commercialisation and investment group Imperial Innovations, which invests in spin out technology firms, has brought its portfolio value up 21 per cent to £188.2m in its financial...
View ArticleUK’s Albion Ventures pumps £9.3m into Scottish hydropower scheme
UK-based venture capital investor Albion Ventures is investing £9.3m into the development of a 2MW hydropower scheme in Scotland, in partnership with Perth-based developer Green Highland Renewables.
View ArticleVolvo VC and Industrifonden make joint investment into MagComp
Volvo Group's Venture Capital arm is teaming up with Sweden's growth-company investor Industrifonden to make a joint investment into electromagnetic product developer MagComp.
View ArticleVersant launches fifth fund with biotechnology and healthcare focus
Biotechnology and healthcare-focused venture capital firm Versant has officially launched its fifth fund with a $250m target, NewNet has learned.
View ArticleSparq raises $2.75 from Ontario VC companies
Solar photovoltaic microinverter developer Sparq Systems has raised $2.75m in funding from three Ontario-based venture capital investors.
View ArticleKKR’s Green Portfolio exceeds $900m efficiency savings
Global private equity firm KKR has realised $917m in cost savings and added revenue and over 1.8 million tonnes of greenhouse gases (GHGs) avoided between 2008 and 2012, according to its latest Green...
View ArticleAnterra Capital launches food & agriculture fund backed by Moonray, Rabobank
Amsterdam-based Anterra Capital is launching a new food and agriculture focused fund with backing from Moonray Investors and Rabobank, whilst also announcing an initial investment into Food Freshness...
View ArticleTerrajoule raises $11.5m in Series A funding
Global venture capital firm New Enterprise Associates has backed an $11.5m Series A funding round for solar energy storage business Terrajoule.
View ArticleProject Frog raises $20m in Series D
Venture capital-backed sustainable buildings business Project Frog has picked up another $20m of funding through a Series D round.
View ArticleChemicals and fuels developer Coskata raises $2.85m debt
Illinois-based venture capital-backed Coskata, a biology-based renewable energy company, has raised $2.85m of a $4.65m funding round.
View ArticleSpanish energy efficiency company Optimitive raises €1.4m
Spanish provider of real-time energy saving services Optimitive has raised €1.4m in funding.
View ArticleSmart bike lock developer LOCK8 raises VC funding
London, UK and Berlin, Germany-based smart bike lock for bicycle sharing programs LOCK8 has raised a 7-figure sum of venture capital funding.
View Article5AM closes largest ever fund
California-based life sciences investor 5AM Ventures has closed its fourth fund on $250m, making it the largest vehicle ever raised by the biotech-focused firm.
View ArticleSolar sector corporate VC funding up 25 per cent to $10bn
The solar sector has seen a boom of corporate venture capital funding over the past year with 25 per cent growth, pushing total financing up to $10bn compared to $8bn in 2012.
View ArticleFlexible battery developer Blue Spark raises $1m from Early Stage Partners
Ohio, US-based thin and flexible battery developer Blue Spark has raised $1m from venture capital firm Early Stage Partners.
View ArticleAdapteva backed by Carmel Ventures and Ericsson in Series B
Massachusetts, US-based semiconductor manufacturer Adapteva has raised $3.6m in a Series B funding round joined by venture capital firm Carmel Ventures and Ericsson.
View ArticleCanadian government backs $200m VC investment fund
The Canadian government has reached a $200m first close for a new federally funded venture capital fund of funds.
View ArticleBaird Capital holds final close on second European fund
UK-based private equity firm Baird Capital has held a final close for its second European buyout fund.
View ArticleHalf of PE and VC funds exited market or relabelled since 2013
About half of the private equity and venture capital funds focused specifically on cleantech have left the market or relabelled themselves in the past two years, the IFC's Vikram Raju has said.
View ArticleBuyout-style returns from renewables ‘thing of the past’
Making private equity-style returns from infrastructure and renewable energy investment is a thing of the past according to Terra Firma's Radu Gruescu.
View ArticleGPs look to green improvements to add value to portfolio
Private equity firms are increasingly looking to green improvements to add value to their portfolio companies despite continued wariness over backing pureplay cleantech funds, the European Investment...
View ArticlePE, VC investment 29 per cent higher YOY
The value of private equity, venture capital, and development capital deals within the cleantech sector have risen by 29 per cent over this time last year.
View ArticleNorthleaf Venture Catalyst Fund makes $60m first commitments
Canada’s government-backed Northleaf Venture Catalyst Fund has made its first two fund commitments totalling $60m to leading Canadian venture capital funds XPV Water Fund II and Georgian Partners...
View ArticleGreenspring raises $182m towards latest investment vehicle
Venture capital fund of funds Greenspring Associates has so far raised $182.8m towards its latest vehicle, Greenspring Global Partners VI, according to documents filed with the US Securities and...
View ArticleSiemens Venture Capital to raise new $100m fund
Corporate VC investor Siemens Venture Capital is to raise a new $100m fund targeting early stage deals in industrial automation and digital technology.
View ArticleEgg substitute from plants Hampton Creek raises $23m Series B
Food technology company Hampton Creek has raised $23m in a Series B round led by Asia's richest man for its pioneering technology that aims to grow an egg substitute from plants.
View ArticleSmart grid VC funding falls in 2013 despite increased deal activity
Venture capital funding into smart grid technology companies fell in 2013 despite a pick up in deal activity compared to the previous year.
View ArticleGoogle’s new investment arm launches with $300m funding
Web search giant Google has reportedly put aside $300m for its new growth capital arm Google Capital.
View ArticleVC investments in wind sector on rise in 2013 despite deal decline
Venture investments in the wind energy sector climbed last year despite a decline in deals, a recent report showed.
View ArticleIntervale Capital raises $475m for energy fund
Energy-focused mid-market firm Intervale Capital has secured $475m for its third fund, exceeding the size of its previous vehicle by nearly $100m, NewNet has learned.
View ArticleCollaborative Fund raises $33m for second VC vehicle
New York-based investment firm Collaborative Fundhas secured $33m for its second venture capital vehicle.
View ArticleTesla plans $1.84bn note offering – a look back at funding milestones
California-based luxury electric vehicle manufacturer Tesla is set to raise $1.84bn from a convertible note offering in order to fund its 'Gigafactory' and development of next generation vehicles.
View ArticlePlatinum Equity exits NESCO to Energy Capital Partners
Los Angeles-based private equity firm Platinum Equity has completed its exit from fleet equipment rental company NESCO, which was sold to Energy Capital Partners.
View ArticleFounders Fund closes huge venture fund at $1bn
The venture capital firm co-launched by PayPal co-founder Peter Thiel has pulled in a weighty $1bn for its fifth fund.
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