Venture investors put $6.46 billion to work during the year, down from $9.61 billion in 2011, the Cleantech Group reports. The number of deals came in at 704, which was down 15% from a year earlier…

Proterro said Monday it completed a $3.5 million financing round led by current investor Braemar Energy Ventures. Cultivian Ventures and Middleland Capital joined as new investors, with other existing investors, Battelle Ventures and its affiliate, Innovation Valley Partners, also participating in the round. Proterro, of Ewing, N.J., makes sucrose instead of extracting it from crops.

Sefaira raised $10.8 million in Series A funding from Braemar Energy Ventures, Chrysalix SET and Hermes GPE. The company develops energy efficiency software for building design. PRESS RELEASE Beanstalk helps sustainable and energy efficient building design software company Sefaira secure $10.8m Largest A series cleantech funding for over two years 10 April 2012. London. Beanstalk, [...]

LUMEnergi, a provider of network-controlled lighting energy management technology, has closed on $6.2 million in Series B financing. The funding is an extension to the company’s Series B round, and includes participation from Braemar Energy Ventures, Noventi Ventures and Low Carbon Accelerator. The funds will support marketing, sales and product development. PRESS RELEASE LUMEnergi(R) (the [...]

Bioformix, a developer of energy efficient sustainable monomer and polymer platforms, has closed a $13.6 million Series A-1 round of funding. The round was led by Braemar Energy Ventures and includes Arsenal Venture Partners, Mitsui Global Investment and other strategic investors. PRESS RELEASE Bioformix, a developer of energy efficient sustainable monomer and polymer platforms, today [...]

Bioformix closed $13.6 million in Series A funding which was led by Braemar Energy Ventures. Arsenal Venture Partners, Mitsui Global Investment and other strategic investors also participated. Bioformix develops energy efficient sustainable monomer and polymer platforms. PRESS RELEASE Bioformix, a developer of energy efficient sustainable monomer and polymer platforms, today announced that it has closed [...]

Braemar Energy Ventures has led a financing round for UtiliData. Also, Scott DePasquale, a Braimar Energy partner, has joined UtiliData’s board as a chairman. UtiliData, which will be located in Providence, R.I., supplies voltage optimization products for the electric grid. PRESS RELEASE UtiliData, Inc., a leading supplier of voltage optimization products for the electric grid, [...]

Stion this week announced one of the year’s largest private company solar investments, a $130 million financing of its thin-film module manufacturing technology. What the deal says is that some investors still believe they can change the game in solar. The currently prevailing perception is that solar, and thin film in particular, are the graveyards [...]

NexSteppe, a developer of sustainable feedstock solutions for the biofuels, biopower and biobased products industries, has raised $16 $14 million. Braemar Energy Ventures led the second round for NexSteppe. As a result, Dennis Costello, a partner at Braemar Energy Ventures, has joined the company’s board. Returning investors CYM Ventures and Zygote Ventures also participated.
NOTE: A representative contacted peHUB and said the initial $16 million figure listed in the press release was inaccurate.

Stion, a manufacturer of thin-film solar modules, has raised $130 million in equity financing led by AVACO and Korean private equity funds. Existing investors Khosla Ventures, Taiwan Semiconductor, Lightspeed Venture Partners, Braemar Energy Ventures and General Catalyst Partners all participated in the round, the company said. The money will help Stion continue a planned expansion of its manufacturing facility in Hattiesburg, Miss. The company will also put $35 million into a Korean manufacturing subsidiary. Stion is based in San Jose, Calif.