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Total Energy Ventures Backs LightSail

Posted on: February 25, 2013 by Kirk FalconerNo Comments »

Total Energy Ventures, the corporate venture capital arm of French oil and gas producer Total SA, brought additional capital to a second closing of the US$37.3 million Series D financing of energy storage solutions provider LightSail Energy Inc. The deal’s first closing, which included Khosla Ventures, Bill Gates and Canadian venture capital firm Innovacorp, took place in late 2012. Founded in 2009, LightSail has its head office in Berkeley, California. The company operates in Canada through the Nova Scotia-based LightSail Canada Inc.

LightSail Energy Raises $37.3m Series D

Posted on: November 6, 2012 by asormaniNo Comments »

LightSail Energy, a developer of energy storage technology, has raised $37.3 million in Series D funding led by San Francisco investor Peter Thiel. Khosla Ventures, which incubated the company and led LightSail’s earlier rounds, Bill Gates, Innovacorp, and several other investors also participated in the round.