Angeleno Group has made an investment in ParkMe. Financial terms were not announced. Existing investors, Fontinalis Partners and IDG Ventures, also participated. Santa Monica, Calif.-based ParkMe provides parking information to navigation companies and smartphones.
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Palo Alto, Calif.-based recycling company eCullet Inc. has sealed commitments for up to $38 million in new funding. DB Masdar Clean Tech Fund L.P. led the round, with additional backing from Angeleno Group, a Los Angeles-based private equity firm. eCullet is a technology-based glass processing company. The money will help the company with expansion plans.
President Obama emphasized clean energy in his State of the Union address on Monday, calling on the nation to get 80% of its electricity from renewable and other sources by 2035. It seems like the venture community anticipated his plea. Clean energy comes in a number of different flavors, according to Obama. Wind, solar, nuclear, [...]
The list of solar installation fundings gets longer with Verengo Solar Plus nabbing $9.7 million from Angeleno Group. The Orange, Calif., company is among southern California’s largest installers. Angeleno is a private equity firm investing in alternative energy and energy related companies. PRESS RELEASE Verengo Solar Plus Receives $9.7 million Expansion Investment from Angeleno Group [...]
Today is a lot of things, and a Wednesday is among them. Since Wednesday is a weekday, that means we have yet another electric vehicle financing to report. This one is for Miles Electric Vehicles Inc., a Santa Monica, Calif.-based company that is in the midst of raising $40 million in Series B funding. So [...]