Propel Fuels Secures First Phase of Series D

Propel Fuels, a retailer of alternative fuels and clean mobility solutions, has closed on the initial phase of its Series D round of funding with $11 million from existing investors Nth Power, Craton Equity Partners, and @Ventures as well as a new investor, Gentry Venture Partners. The company has also secured $10 million in debt financing from CapX Partners.

Glori Energy Takes on $20M Series C

Glori Energy, the sustainable oil recovery system developer, has taken a $20 million Series C round that was led by Gentry Venture Partners. Advantage Capital Partners joined Energy Technology Ventures (a GE, NRG Energy and ConocoPhillips joint venture), GTI Ventures, Kleiner Perkins Caufield & Byers (KPCB), Oxford Bioscience Partners, Malaysian Life Sciences Capital Fund, and The Omzest Group on the transaction and Piper Jaffray served as placement agent.

PEHUB Community

Join the 12504 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget