Clean Power Finance said it raised $37 million in growth equity from existing investors Google Ventures, Kleiner Perkins Caufield & Byers, and Claremont Creek Ventures. New investors in the round include three utility holding companies, including Edison International, and Hennessey Capital.
2 min read · 08 April 2013
Pasteurization Technology Group said it raised $5 million in Series A financing in a deal led by existing investor EIC Ventures and was joined by Kennington. The company is generating a system for wastewater disinfection that generates renewable energy.
4 min read · 03 April 2013
ProcessUnity said it secured a $5 million Series C round in a deal led by Rose Park Advisors’ Disruptive Innovation Fund. The funding will support growth and expand marketing and sales.
2 min read · 02 April 2013
Shell said it will invest several hundred million dollars in emerging technology companies over six to eight years with the goal of finding innovations useful to the company’s operations. Target technologies include smarter exploration processes and enhanced extraction techniques. Shell’s corporate venturing arm, Shell Technology Ventures, will make investments.
2 min read · 02 April 2013
Attune Consulting said it raised $20 million from South Asian apparel maker MAS Holdings. As part of the investment, attune will merge with software developer Sabre Technologies. Attune helps implement SAP’s Apparel and Footwear Solution to the fashion industry.
3 min read · 02 April 2013
Menlo Ventures says it added Karl Mehta as a venture partner. Mehta will focus on sourcing investments and will advise portfolio companies in financial services, mobile payments, e-commerce and gaming. He was the founder and CEO of Menlo-backed PlaySpan, which sold to Visa. The Obama Administration named him as a White House Presidential Innovation Fellow in 2012.
1 min read · 01 April 2013
A new study from the Stanford University Graduate School of Business finds that tweeting can enhance the liquidity of little-known small-cap companies. The study is described as empirical, but if its results are proven true, the observation is powerful. Venture capitalists often complain small venture-backed companies often have trouble attracting Wall Street analyst coverage and the improved visibility that comes along with it. Twitter, as an alternative channel, could change the equation.
4 min read · 01 April 2013
Venture-backed enterprise IPOs were last year’s bright spot. They could be again in 2013. VCJ has a list of the top candidates.
6 min read · 01 April 2013
The former Foundation Capital GP talks about the cleantech market and what fields excite him
3 min read · 01 April 2013
The performance is solid, as 19 of the venture funds in its portfolio had positive IRRs, as of June 2012, compared to 15 that were in the black in June 2011
2 min read · 01 April 2013
