Enerkem Lands Another $30M; Total Funding Hits $90M in 2011–CORRECTED

Enerkem, a Chicago-based company whose technology turns waste into ethanol and other chemicals, announced that it has closed $30 million in financing, including from The Westly Group, Fondaction CSN, and Quince Associates. The three join existing investors Valero Energy Corp., Waste Management, Rho Ventures, Braemar Energy Ventures and Cycle Capital, which each invested in the recently […]

Canadian Cleantech VC Raises $80 Million

Cycle Capital Management of Canada has held an $80 million first close on its inaugural fund, which will focus on VC opportunities in the cleantech and renewable energy sectors. Limited partners include Investissement Québec, the Fonds de solidarité FTQ, Fondaction, the Caisse de dépôt et de placement du Québec, Brookfield Renewable Power Inc., Cascades Inc., the Fonds d’action québécois pour le développement durable (FAQDD) and the Centrale des syndicats du Québec (CSQ).

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