SolarCity Corp., a Foster City, Calif.-based provider of solar energy system installation and design, has raised $30 million in new VC funding. First Solar Inc. (Nasdaq: FSLR) led the round with a $25 million investment, as part of a larger strategic arrangement. Return backers include Draper Fisher Jurvetson.
3 min read · 30 October 2008
NxtGen Emission Controls Inc., a Vancouver-based developer of syngas technology for diesel engine combustion optimization, has raised $15.4 million in Series B funding. Altira Group led the round, and was joined by ITOCHU Corp., an undisclosed Japanese auto maker and return backers Yaletown Venture Partners, GrowthWorks Capital, BC Advantage Funds and Polygon Financial Investments.
3 min read · 30 October 2008
Alnara Pharmaceuticals Inc., a Boston-based developer of non-systemic protein therapeutics for the treatment of metabolic and inflammatory diseases, has raised $20 million in Series A funding. Frazier Healthcare Ventures and Third Rock Ventures co-led the deal, and were joined by Bessemer Venture Partners.
3 min read · 30 October 2008
3 min read · 29 October 2008
Avantium Technologies BV, a Dutch developer of biofuels and bioplastics, has raised €18 million in new VC funding. Aescap Venture led the round, and was joined by return backers Capricorn Cleantech Fund, ING Corporate Investments and Navitas Capital. The company has now raised over $130 million.
4 min read · 29 October 2008
LucidLogix Technologies, an Israel-based developer of real-time distributed processing engine for visual computing, has raised $18 million in Series C funding. Rho Ventures led the round, and was joined by return backers Genesis Partners and Giza Venture Capital. The company has now raised $32 million in total VC funding.
2 min read · 29 October 2008
Pingg, a New York-based online event management site, has signed a commercial partnership with Martha Stewart Living Omnimedia. The deal includes an equity investment that VentureWire pegs at $2.75 million.
4 min read · 29 October 2008
1 min read · 29 October 2008
Arcadia Biosciences Inc., a Davis, Calif.-based agricultural biotech company, has raised $15 million in second-round funding. Exeter Life Sciences led the round, and was joined by return backers CMEA Ventures, BASF Venture Capital America and Saints Capital.
3 min read · 29 October 2008
Odysii Inc. (fka TVeez), a Tel Aviv, Israel-based provider of marketing intelligence software for onsite messaging, has raised $15 million in VC funding from Benchmark Capital and Giza Ventures. The round closed back in May.
3 min read · 29 October 2008
