AqWise (wastewater treatment)... [2/4 correction: Heard from Gene Dolgin at Israel Cleantech Ventures that the original source I'd used here was incorrect in some of their numbers, and instead that the accurate story was that "Israel Cleantech purchased 11% of the company in a secondary transaction in a deal that valued the company at $10M"]
Quantum Fuel Systems Technologies Worldwide took an approximate 25% stake in Asola (solar PV) for an undisclosed sum.
Green Plug (advanced power strips) took in an undisclosed amount of first-round funding from Peninsula Equity Partners.
In another Israel-based cleantech deal, regenerative (flow battery) fuel cell developer EnStorage took in a $2mm round of financing from Greylock, Canaan Partners and Siemens Venture Capital.
Solar micro-inverter developer Enphase Energy took in a $6.5mm Series B (note: VWire reported that this amount actually reflects a combination of Series B and an earlier Series A round) led by Third Point Ventures. VWire also reported that the Series B took place back in 2006, and is only being made public now as the company emerges from stealth mode...
PE Week Wire reported on Thursday that solid state lighting developer SJS Technology Inc. has taken in $2.5mm of a $5mm Series A led by Khosla Ventures.
VentureWire reported that a 20 year old aerosol and particle technology company MSP Corp., with applications in pollution control and thin films, raised a $6mm Series A from Hunt Growth Capital.
Elon will have to wait an extra couple of days for his Tesla... I'm guessing I'll have to wait even longer for mine, but my offer to the company still stands: If they let me have one for, oh, a 6 month test drive, I promise a very positive product review...
Stanford Venture Capital Holdings has committed $10mm to Israel-based water tech AquAgro Fund.
Rob Day is a Partner with Black Coral Capital, based in Boston. He has been a cleantech private equity investor since 2004, and acts or has served as a Director, Observer and advisory board member to multiple companies in the energy tech and related sectors. Rob was a co-founder of the Renewable Energy Business Network (www.rebn.org), a non-profit organization which was acquired in 2009 by the Clean Economy Network. The views expressed on this blog are those of Rob, not necessarily the views of any of his colleagues and affiliated organizations. Contact Rob at .(JavaScript must be enabled to view this email address).
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