Littleton, Mass.-based TeraDiode, a laser manufacturer, has raised $10 million in Series B financing. Argonaut Ventures led the round, which also included participation from Camros Capital and Stata Venture Partners. The company closed its $4 million Series A round in 2009.Continue
(Reuters) – FBI agents searched the offices of Solyndra on Thursday, the U.S. solar startup that received millions of dollars in federal loan guarantees before filing for bankruptcy this week.
The search comes amid intensifying pressure on the Obama administration, which championed Solyndra as being at the forefront of solar technology when President Barack Obama visited the company’s Fremont, Calif., facility in 2010.
The FBI said it was searching for materials, including documents, but did not offer more specifics.
“We are executing search warrants at Solyndra regarding …Continue
(Reuters) – As expected, Solyndra LLC, a solar panel maker that received $535 million in federal loan guarantees, filed for Chapter 11 Bankruptcy protection today, the third U.S. solar firm to succumb to pressure from Chinese rivals in recent weeks. Solyndra, which also received more than $700 million in venture capital funding, said it will […]Continue