Breakthrough Energy related stories
All articles and analysis
Sierra Energy lands $33 mlnDavis, California-based Sierra Energy, a waste gasification company, has secured $33 million in funding. Breakthrough Energy Ventures led the round with participation from other investors that included Cox Enterprises.
- Sofinnova Partners leads Series A round for DMC
DMC, an early-stage biotech company, has secured an undisclosed amount of Series A funding. Sofinnova Partners led the round.
- Motif Ingredients racks up $90 mln Series A
Boston-based Motif Ingredients, a food ingredients company, has secured $90 million in Series A funding. The investors included Breakthrough Energy Ventures, Louis Dreyfus Company, Fonterra and Viking Global Investors.
- Breakthrough Energy Ventures leads Series A round for Boston Metal
Woburn, Massachusetts-based Boston Metal, a provider of metals production solutions, has raised $20 million in Series A funding. Breakthrough Energy Ventures led the round with participation from Prelude Ventures and The Engine.
- Malta gains $26 mln Series A
Cambridge, Massachusetts-based Malta Inc, a provider of energy storage solutions, has secured $26 million in Series A funding. Breakthrough Energy Ventures led the round with participation from other investors that included Concord New Energy Group and Alfa Laval.
- Pivot Bio scores $70 mln Series B
Berkeley, California-based Pivot Bio, a developer of nitrogen-producing microbes for other crops beyond corn, including wheat and rice, has secured $70 million in Series B funding. Breakthrough Energy Ventures led the round with participation from other investors that included Temasek.
Breakthrough leads latest round of CO2 tech platform CarbonCureCarbonCure Technologies Inc, a Halifax-based carbon dioxide (CO2) utilization platform, has secured undisclosed financing. The round was led by Breakthrough Energy Ventures, a U.S.-based clean energy fund. It was joined by GreenSoil Building Innovation Fund as well as existing investors, including BDC Capital's ICE Venture Fund, Pangaea Ventures, 350 Capital, Innovacorp, Brightpath Capital Partners, Neo Ventures, Shaw Group, Power Generations and Carmanah Management. Founded in 2007 by CEO Rob Niven, CarbonCure develops CO2 utilization technologies for the concrete sector, helping to reduce concrete’s carbon footprint and create efficiencies. It will use the funds raised to grow its solutions portfolio and enter new markets.
- Breakthrough Energy Ventures beefs up staff with two new hires
Breakthrough Energy Ventures has named Eric Toone as executive managing director and science lead and David Danielson as managing director for science. Toone recently led the Innovation and Entrepreneurship Initiative at Duke University while Danielson was a Precourt Energy Scholar at Stanford University and prior to that, he worked seven years at the U.S. Department of Energy.
