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Primus Power Closes $11M

Hayward, Calif.-based Primus Power, a grid-scale energy storage company, has closed on $11 million from DBL Investors, I2BF Global Ventures, Chrysalix Energy Venture Capital and Kleiner Perkins Caufield & Byers. The infusion will be used for development and commercialization of Primus’ distributed storage technology, the company said Tuesday. The company has also previously raised money in grants from the United States Department of Energy, the Advanced Research Projects Agency — Energy, and the California Energy Commission.

Soladigm Adds $10M to Close Series C

Milpitas, Calif.-based Soladigm, which develops highly energy-efficient dynamic glass for buildings, has raised an additional $10 million in financing, closing its Series C round with a total of $40 million. New investors The Westly Group and Navitas Capital contributed to the round, as did the company’s existing shareholders: San Francisco-based DBL Investors and Cayman Islands-based firm Nano Dimension. GE Energy Financial Services, Khosla Ventures and Sigma Partners.

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VCs Heed Obama’s Call with More Than $100M For Solar Installation

President Obama emphasized clean energy in his State of the Union address on Monday, calling on the nation to get 80% of its electricity from renewable and other sources by 2035. It seems like the venture community anticipated his plea. Clean energy comes in a number of different flavors, according to Obama. Wind, solar, nuclear, […]

Glass Maker Soladigm Seals $30M Series C

Soladigm, which develops energy-efficient “dynamic glass,” has raised $30 million in Series C financing. The round was led by San Francisco-based DBL Investors and Cayman Islands-based firm Nano Dimension. GE Energy Financial Services also participated in the round, as did existing investors Khosla Ventures and Sigma Partners. As a result of the round DBL Investors’ Cynthia Ringo joins Soladigm’s board. The Milpitas, Calif.-based company develops energy-efficient glass designed to switch from clear to tinted on demand, helping buildings reduce heating and cooling costs.

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