• Friday, November 20, 2009 Latest Update: 4:41PM
Rob Day | April 2, 2008 at 10:04 AM

Novinium, Nanosolar, Range Fuels, Tendril, 6N, and other deals

  • Novinium, which has technology for extending the life of electric and telecom cables, has raised a $6mm Series C, led by Nomura’s New Energy and Clean Technology Ventures, and including existing investors.  The Seattle region continues to be hot for cleantech…
  • Munich-based Clean Mobile, a developer of fuel cell systems for small vehicles like scooters, has raised a $5.1mm Series A.  Earlybird Venture Capital and Silicon Valley Technology Group led the financing.
  • Fuel cells for backup power is the application being pursued by ReliOn, which announced a $17mm third round of financing.  Backers include Oak Investment Partners, Enterprise Partners Venture Capital, Wall Street Technology Partners, and Chrysalix.
  • Oh, and one last little one to note: Nanosolar raised $50mm from EdF... with a rumored valuation of $2B.  Meanwhile, earlier this week Jonathan Shieber of VWire reported that fellow CIGS developer Solyndra is looking to raise $150mm at up to a $1B post-money valuation.  Wow.  I mean…  Wow.

Other news and notes:  Bill Green on why Green is better than Green (forgive my bloggy pun and check out the linked interview, it’s a good read)...  Tim Draper thinks cleantech has a long runway ahead...  Finally, a small collection of some good cleantech-related April Fools jokes from the web—here, and here, and of course here.

Comments [0]

Cleantech Investing

Rob Day is a Boston-based cleantech venture capital investor and entrepreneur, and is also the President of the Renewable Energy Business Network (REBN). The views expressed on this blog are those of Rob and his friends and colleagues, not necessarily the views of REBN or Greentech Media or any other group. Contact Rob Day at: (JavaScript must be enabled to view this email address)

.