Enbala Power Networks, a Canadian provider of solutions for distributed energy resource management, has raised $11 million in funding. The backers were GE Ventures, Edison International subsidiary Edison Energy, Development Canada, EnerTech Capital Partners, Sorfina Capital and Chrysalix EVC.Continue
Longmont, Colorado-based Terralux, a maker of LED lighting, has received $11 million in funding. EnerTech Capital led the round with participation from other investors that included Generation Investment Management, Crawley Ventures, Emerald Technology Ventures and GC&H Investments.Continue
REGEN Energy Inc., which provides a wireless smart grid technology platform for building owners to manage electrical demand, has closed its Series B funding round on more than $12 million. The funding round was led by new investors including a U.S. utility company, Export Development Canada and EnerTech Capital, and was supported by existing REGEN investors BDC Capital and NGEN Partners.Continue
EnergySavvy has received funding from EnerTech Capital and El Dorado Investment Company, the investment arm of PinnacleWest Capital Corp. The round’s total funding is $8.25 million. Also, Dean Sciorillo of EnerTech Capital has been added to EnergySavvy’s board of directors. Based in Seattle and Cambridge, Mass., EnergySavvy is a provider of cloud solutions for the utility sector.Continue
GeoDigital International said Wednesday that it has secured an undisclosed amount of funding. EnerTech Capital and Emerald Technology Ventures led the round with participation from previous backers that include NGP Energy Technology Partners and North Sky Capital. In conjunction with the funding, Scott Ungerer, managing director of EnerTech Capital, will join GDI’s board of directors. Headquartered in Hamilton, Ontario, GDI is a provider of next-generation 4D geospatial imaging and business intelligence solutions.Continue
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.Continue
It is not an easy time to be a cleantech venture capitalist. Still a hardened [...]Continue
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.Continue
EnerTech Capital has closed its lead investment in a $3.85 million financing round along with co-investor Export Development Canada in N-Dimension Solutions. The business is a smart Grid cyber security company based in Richmond Hill. PRESS RELEASE EnerTech Capital is pleased to announce the closing of its lead investment in a $3.85 million financing round […]Continue
Energy-focused investment firm EnerTech Capital has announced Scott Ungerer is to become chairman of a new working group for the National Smart Grid Interoperability Panel. He will lead the planning and implementation of the transition of the SGIP from a fully government-funded entity toward a privately-funded organization. PRESS RELEASE EnerTech Capital is pleased to announce […]Continue
Six-year-old CalStar Products, a Caledonia, Wis., company that makes low-energy, low-CO2 masonry products, has brought aboard Joel Rood as its CEO. Prior to joining CalStar, Rood was GM for CertainTeed Canada. CalStar is funded by the venture firms Nth Power, Westly Group, Foundation Capital, and EnerTech Capital. PRESS RELEASE: Joel Rood, a 15-year veteran of the building […]Continue
Current said it received funding of $13 million with new investors Business Media China AG and Espírito Santo Ventures joining existing investors Associated Partners, EnerTech Capital and Goldman Sachs in the round. PRESS RELEASE CURRENT Receives New Funding, Expands in Europe and Asia New Management Team Will Support Accelerated Growth Germantown, Md., September 13, 2011 […]Continue
FilterBoxx Water & Environmental Corp. has raised $9 million from XPV Capital and EnerTech Capital. The money will be used to expand into emerging areas, including tailings pond treatment and offshore oil and gas water treatment. Formed in 2001, FilterBoxx is a provider of packaged potable water and wastewater treatment systems to drilling, mining and pipeline camps, small municipalities, resorts and aboriginal communities.Continue
Tangent Energy Solutions, which is backed by EnerTech Capital, has added three independent directors to its board: Nora Mead Brownell, Richard Grigg, and Donald Kendall. Grigg most recently served as President of FirstEnergy Utilities. Brownell is a former commissioner for the Federal Energy Regulatory Commission and the Pennsylvania Public Utility Commission. Kendall has a background in power and energy industry financing. Tangent Energy is based in Kennett Square, Penn.Continue
CalStar Products, Inc., a Newark, Calif.-based green building materials business, closed a $15 Million equity investment led by Nth Power. The round included new investors The Westly Group and Clearpoint Capital as well as continuing investors Foundation Capital and EnerTech Capital.Continue
Last week, I posted an item on peHUB about how VC-backed CalStar Products is finding a plethora of Ph.D.s in Silicon Valley to draw from for its R&D.
The Newark, Calif.-based startup is developing a chemical process to make a “green brick” that it says creates 0.2 pounds of carbon dioxide emissions during the manufacturing process, compared to a traditional clay brick fired in a kiln, which produces about 1.3 pounds of CO2. CEO Mike Kane, who joined the company earlier this year from Atlanta, says that he’s never worked with so many Ph.D.s before.
In this week’s PE Week, subscribers can read my story of how the company is in the midst of raising a $15 million Series C round of venture funding, which will include participation from returning investors Foundation Capital and EnerTech Capital.
Kane says he hope to wrap up fund-raising before the end of the year, which will be just in time for the company to open its first manufacturing plant in Wisconsin to service the brick-heavy geography of the Midwest.Continue
Silicon Valley has been the center of a lot of tech innovation. And at first glance, it seems an unlikely place to redo the common brick. But earlier this week I spent time at the Newark, Calif.-based R&D facility of CalStar Products, a VC-backed startup that uses a chemical process to make a “green brick” […]Continue