Recent Posts:

Some recent transportation innovations worth noting

Rob Day: May 30, 2006, 3:27 PM
While this site tends to focus on done deals and sectoral trends, it's important to also track developments at the innovation level, keeping an eye out for what's on the horizon in cleantech. Along these lines, it was worth noting a couple of intriguing transportation-related announcements last week:

1. A PV-powered engine for your car? No, this doesn't involve putting solar panels on your car's rooftop. Instead, these researchers at MIT have been looking into the idea of a white-hot filament heated by fuel, along with a filter for the light and a thermophotovoltaic electricity generation system, to provide electric power for your car. It's analogous to some hybrid vehicle designs...

Synapsense and Energy Innovations

Rob Day: May 25, 2006, 12:45 PM
Two deals to note:
  • Synapsense, which is targeting wireless sensors for use in a broad range of applications (we've discussed the applicability of sensors as an enabling clean technology before) announced a $1.5 - 2.0mm Series A led by American River Ventures ($1.25mm) with participation by DFJ Frontier ($0.25mm). Another $500k commitment is "on the verge" of being brought in.

Zipcar, Blue Chip Energy, and some news items

Rob Day: May 24, 2006, 10:03 PM
Here's a neat article on the possibility of microbial fuel cells... An EBay for ecological investing?... Finally, a useful overview of cleantech, VCs and the China opportunity.

Q1: Another big quarter for cleantech investing

Rob Day: May 24, 2006, 9:50 PM
Tyler and Matt have the scoop:

According to the Cleantech Venture Network, cleantech venture investments in the first quarter totaled $513mm, in 67 deals the group identified. It's a small (but validating) increase on Q4 totals, and a whopping 53% increase on Q1 2005 figures.

As should be no surprise to regular readers of this site, energy dominated, with $357mm of the total. And without seeing the data yet myself (will link to it when available), I imagine there are also other energy-related deals that were categorized under other groupings in their survey -- has tended to happen in past such reports.

Just more indication that cleantech, and particularly clean energy, are red hot...

Two nifty sites

Rob Day: May 22, 2006, 8:11 PM
Here are two interesting sites I stumbled across that are worth checking in with every once in a while (and are now being put in the Cleantech Investing blogrolls):
  • The World Resources Institute (an NGO I used to work for way back when) has a New Ventures program which works to help bring venture capital to sustainable enterprises in developing economies, and they have a website which highlights various companies, partners, and related news. Check them out.
  • Also worth noting is Cleantech Spotlight, which is pretty new, but (according to the author, Nick Allen) looks to highlight a new cleantech company every week. Check it out.
Everyone loves dealgen. Enjoy!

ReliOn’s $20mm follow-on, and various followups

Rob Day: May 22, 2006, 11:41 AM
ReliOn, the PEM fuel cell manufacturer that was spun out from Avista back in 2003, announced a $20mm follow-on round from their existing investors (from a November 2004 $25mm round). Those investors include Oak Investment Partners and Enterprise Partners Venture Capital, Wall Street Technology Partners of New York, Chrysalix Energy of Vancouver, British Columbia, Seattle's Buerk Dale Victor, and Avista Corp. The total venture capital invested in the company to date is $57.5mm.

Some other follow-ups on previous items: