Prelude Ventures related stories
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Home intelligence platform Sense garners $15 mln Series ACambridge, Massachusetts-based Sense, a home intelligence platform, has raised $15 million in Series A funding. Shell Technology Ventures and Energy Impact Partners led the round with participation from Capricorn Investment Group, Prelude Ventures, CRV, Bolt and iRobot Ventures.
Encycle secures initial tranche of $11.5 mln financing roundEncycle Corp, formerly known as Regen Energy Inc, has closed an initial tranche of an $11.5 million financing. Prelude Ventures and NGEN Partners led the investment and were joined by BDC Capital, Duke Ventures, Export Development Canada and EnerTech Capital. Founded in 2005, Toronto's Encycle has developed technology that enhances the performance of heating, ventilation and air conditioning systems to help commercial and industrial companies incur savings and reduce their carbon footprint. It will use the funds raised to support the launch of its latest product. Encycle also has offices in San Marcos, California and Taunton, United Kingdom.
EnerTech joins $14 mln Series D financing of EnergySavvyEnergySavvy, a U.S. provider of cloud software for utility demand-side management, has closed a US$14 million Series D round. GXP Investments led the financing with participation from Inherent Group and the company's existing investors. The latter includes EnerTech Capital, an investor in energy and power sectors. EnergySavvy, which is based in Seattle, Washington, said the funds raised will support its fifth generation of products, which help utilities better relate to customers and improve operations. EnerTech has offices in Calgary, Toronto, Montréal and the United States.
- EnergySavvy scores $14 mln Series D
Seattle and Cambridge, Massachusetts-based EnergySavvy, a cloud software solutions provider for utilities, has secured $14 million in Series D funding. GXP Investments led the round with participation from other investors that included Inherent Group, Prelude Ventures and EnerTech Capital.
- Zymergen pulls in $130 mln Series B
Emeryville, California-based Zymergen, a tech company that is "unlocking the power of biology," has secured $130 million in Series B funding. SoftBank Group led the round with participation from Data Collective, True Ventures, AME Cloud Ventures, DFJ, Innovation Endeavors, Obvious Ventures, Two Sigma Ventures, Iconiq Capital, Prelude Ventures and Tao Capital Partners. Also, the company has named former U.S. Secretary of Energy and Nobel laureate Dr. Steven Chu and SoftBank Group International Managing Director Deep Nishar to its board of directors.
- Sense takes in $14 mln Series A
Cambridge, Massachusetts-based Sense, an energy monitoring platform, has raised $14 million in Series A funding. Shell Technology Ventures and Energy Impact Partners led the round with participation from Capricorn Investment Group, Prelude Ventures, CRV and Bolt.
- Braemar Energy Ventures invests in Renew Financial
Braemar Energy Ventures said May 18 that it invested in Renew Financial. Financial terms weren’t disclosed. Renew specializes in affordable financing for renewable energy and energy efficiency projects. Renew in February raised $70 million. Investors include Apollo Capital Management, Angeleno Group, Claremont Creek Ventures, LL Funds Inc, NGEN Partners and Prelude Ventures.
- Renew Financial scores $70 mln in growth capital
Renew Financial, a clean energy finance company based in Oakland, California, raised $70 million in growth capital. Investors in the funding round include Angeleno Group, Apollo Capital Management, Claremont Creek Ventures, LL Funds Inc, NGEN Partners, Prelude Ventures and others.
- Prelude Ventures leads Series A round for Powerhive
Berkeley, California and Nairobi, Kenya-based Powerhive, an energy solutions provider for emerging markets, has raised $20 million in Series A funding. Prelude Ventures led the round with participation from other investors that included Caterpillar Ventures, Total Energy Ventures, Tao Capital Partners and Pi Investments.
- Benson Hill Biosystems nets $7.3 mln Series A
Missouri and North Carolina-based Benson Hill Biosystems, an agricultural solutions provider, has raised $7.3 million in Series A funding. Middleland Capital led the round with participation from Mercury Fund, Prelude Ventures, Prolog Ventures, Alexandria Venture Investments, Cultivation Capital, TechAccel, Missouri Technology Corporation and Biogenerator. In conjunction with the funding, Scott Horner of Middleland Capital and Dan Watkins of Mercury Fund have been added to Benson Hill's board of directors.