Israel Cleantech Ventures said Wednesday it has closed its second fund with just above $74 million in commitments. Investors include institutional investors, multi-national corporations and family offices. The fund will invest in Israeli based or Israel related high growth, clean technology, early and growth stage companies.

Vodafone Ventures and Carmel Ventures have led a $9.2 million round for Israel’s CellEra, a developer of fuel cell technology. Israel Cleantech Ventures and B-2-V Partners also invested in the company. Ori Bendori, general partner at Carmel Ventures, joins the CellEra board as a result of the round.

Energy Technology Ventures – a joint venture between GE, NRG Energy and ConocoPhillips – is backing Israel-based Emefcy Ltd., the companies announced Tuesday. Emefcy’s technology is designed to turn wastewater treatment into an energy-generating process. The company’s technology uses naturally occurring bacteria in an electrogenic bioreactor to treat wastewater and produce energy. Energy Technology Ventures was joined in the funding round for Emefcy by Pond Venture Partners, Plan B Ventures and Israel Cleantech Ventures. Financial details were not disclosed.

The Seattle-based investment bank Cascadia Capital is announcing today that it was the exclusive financial advisor to FRX Polymers, a Chelmsford, Mass-based “green chemical” company that’s commercializing a new polymer technology. FRX announced earlier today that it has raised $15.7 million in Series B financing led by SAM Private Equity, and joined by FRX’s Series [...]

FRX Polymers Inc. has closed on $15.7 million in Series B financing from investors including SAM Private Equity, Israel Cleantech Ventures, Capricorn Venture Partners and North Sky Capital. Zurich-based SAM Private Equity led the round, which will be used to help fund the company’s first commercial scale production facility. Based in Chelmsford, Mass., FRX makes flame retardant polymers.