Space-Time Insight raises series C

Space‐Time Insight, a provider of next‐generation situational intelligence solutions, has raised $20 million in Series C financing to drive the company’s continued expansion in the US and international markets. London-based private equity fund, Zouk Capital, joins current investors Opus Capital Ventures, EnerTech Capital, and Novus Energy Partners in this round of financing.

Space-Time Insight Raises $14M From EnerTech, Novus, Clearsky, Others

Space‐Time Insight said it raised $14 million in Series B funding from new investors EnerTech Capital, Novus Energy Partners and ClearSky Power & Technology Fund, and existing investors Opus Capital Ventures and Start Up Farms International. Novus Founding Partner Martin Aares and ClearSky Power & Technology Fund Managing Director, James Huff will join the board, according to a press release.

Bridgelux Adds $15M

Bridgelux, a developer and manufacturer of LED lighting products, has added $15 million in financing to help it boost accelerate research and development. The company is backed by VantagePoint Capital Partners, DCM, El Dorado Ventures, Novus Energy Partners, IFA, Chrysalix, Harris & Harris Group, Craton Equity Partners, Jebsen Asset Management and Passport Capital.

Craton Leads $60M Round for Bridgelux

Craton Equity Partners led a $60 million Series E round for Bridgelux Inc., a developer and manufacturer of LED lighting technologies. A laundry list of existing and strategic investors also participated in the round, including VantagePoint Capital Partners, DCM, El Dorado Ventures, Novus Energy Partners, Invus Group, VTS, Harris & Harris Group and Passport Capital. The company said the infusion will help it bolster research and development efforts. David Asarnow, a principal at Craton Equity, will join the Bridgelux board as an observer.

Electric Car Maker Think Plans U.S. Plant

OSLO (Reuters) – Norwegian electric car maker Think aims to open a manufacturing plant in the United States to produce 16,000 cars per year in the first phase and more later, the company said on Thursday. “U.S. production is expected to start in 2010,” Think said in a statement, estimating first-year volume at 2,500 units. […]

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