Cleantech venture fundings have been slow as of late. In the second quarter, dollars invested in the emerging industry fell 23% to $942 million according to the MoneyTree Report put out by PricewaterhouseCoopers, the National Venture Capital Association and Thomson Reuters, publisher of peHUB. For all of 2010, money placed with alternative energy, smart grid [...]

Plextronics Inc., a Pittsburgh-based developer of active-layer technology for printed electronic devices, has raised $12 million in new VC funding from existing shareholder The Solvay Group (NYSE Euronext: SOLB.BE). It previously raised around $44 million, from Solvay, Firelake Capital, Birchmere Ventures, Draper Triangle Ventures and Newlin Investment Company.

Plextronics Inc., a Pittsburgh-based developer of active-layer technology for printed electronic devices, has raised an undisclosed amount of new VC funding from Applied Ventures. The deal comes just months after Plextronics raised $20.6 million in Series B funding from The Solvay Group, Firelake Capital, Birchmere Ventures, Draper Triangle Ventures and Newlin Investment Company. PRESS RELEASE [...]