Northwater Capital leads $11.2 mln funding in MTPV Power

By Chris Witkowsky — 2 years ago

Northwater Capital Management’s Intellectual Property Fund has led an $11.2 million Series B1 funding in MTPV Power Corporation, a clean energy company that converts heat to electricity using semiconductor chips. Other investors in the funding included Total Energy Ventures, the venture capital arm of oil and gas company Total; SABIC, the Saudi Basic Industries Corporation, which makes chemicals, plastics and metals; and Point Financial, a venture debt provider based in Arizona. Funding also included new independent investors and follow-on commitments from Spinnaker Capital, Ensys Capital, the Clean Energy Venture Group and several other existing shareholders.


Chrysalix Adds Three Strategic LPs To CELP III

By Mark Boslet — 4 years ago

Chrysalix said it signed three new strategic limited partners to its CELP III Fund. They are SABIC, Royal Dutch Shell, and a large European industrial group to be disclosed this spring. The new LPs will give CELP III additional money to strengthen the fund’s portfolio, especially important during a recessionary period, the venture firm said. […]