ReliOn Receives Strategic Investment from Cummins

ReliOn, a Spokane, Wash.-based maker of fuel cells, has received a strategic investment from the publicly traded power generation company Cummins Inc. The amount of the funding was not disclosed, but ReliOn, founded in 1995, has raised roughly $30 million over the years, including from Oak Investment Partners and Chrysalix Energy.

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Agilyx Raises $22M From KP, Chrysalix, Others

Agilyx Corp. said Thursday it raised a $22 million Series B round led by Kleiner Perkins Caufield & Byers and joined by new strategic investors Waste Management, Inc. and Total Energy Ventures International, an affiliate of oil and gas company, Total S.A. Chrysalix Energy Venture Capital also participated.  Agilyx converts waste plastic into synthetic crude oil. […]

Corporate VCs Prowling For Cleantech Startups

Cleantech investors expect a better year in 2011. More money will flow to startups, a new crop of better performing IPOs should come to market and M&A might even pick up. Less noticeable but perhaps as important, strategic corporate investors could become more active. All of this comes against a difficult backdrop. The year gone […]

Vancouver-based Chrysalix Energy Basking in Olympic Gold

Update: Story updated to reflect that Credit Suisse invested an undisclosed amount in the Chrysalix fund, which has now raised more than $100M. On Sunday night, Chrysalix Energy CEO Wal van Lierop was dining in a downtown Vancouver restaurant when Alexandre Bilodeau, a 22-year-old Montreal native and men’s moguls competitor, became the first Canadian to […]

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