Recent Posts:

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: