New Enterprise Associates related stories
All articles and analysis
- Slideshow: Solar Still Drives Cleantech Investing
Solar continued to be the driving force behind cleantech investing in the first quarter as venture capitalists shifted dollars to more mature, later stage companies. The quarter saw investors worldwide pour $2.57 billion into 159 companies, a 13% increase in dollars from last year, according to the Cleantech Group. The majority of the money – 93% - went to follow-on rounds. Surprisingly, this more cautious environment was fertile ground for solar deals. Solar startups attracted $641 million, or 24% of total dollars, as several big deals led the way. The next closest industry sector was transportation, with less than half the committed dollars.
- Tabbedout Secures $3.7 Mln Funding From New Enterprise Associates
Tabbedout has received $3.7 million in additional funding from New Enterprise Associates, which completes the company's Series A round at $5.75 million. Tabbedout's total financing comes to $6.5 million from investors including NEA, Trellis Partners and angel investors. Austin-based Tabbedout lets users pay their bar and restaurant tab using a smartphone.
- NEA Ventures Leads $10 Mln Funding Round for Lot18
Lot18 said Monday that it has completed a $10 million series B financing round led by NEA Ventures. Tom Grossi, a New Enterprise principal, will join Lot18's board along with Amish Jani, a FirstMark Capital MD. Lot18 is a membership by invitation website for wine and epicurean products.
It's OpenIPOs are back and the supply of attractive startups is stacking up. Will the portfolio backlog diminish?
Papadopoulos Re-Ups With NEAHires and other personnel news at NEA, Accel, Benchmark, TCV and other VC firms
- Slideshow: The Cleantech Companies Best Positioned to Go Public
Cleantech IPOs may be gaining momentum. Solar plant developer BrightSource Energy filed what is certain to be an explosive initial public offering last week. A couple months earlier biochemical maker Gevo launched its IPO to what proved to be a warm reception. Experimental algae-to-fuel company Solazyme is waiting in the wings. Which company will be next? In November, Venture Capital Journal published a list of the most likely and lucrative cleantech IPOs http://www.vcjnews.com/story.asp?sectioncode=26&storycode=1823803 of 2011. At the top of our list was BrightSource, so we are off to a good start. Watch our slideshow to see the other six cleantech companies VCJ believes have a very good shot of going public this year. Our investment data comes from Thomson Reuters, publisher of this blog.