Serious Materials, Sungevity Raise Funding
Clean tech is in the news today, with Obama calling for a global treaty on climate change, A123 raising its IPO price range, new funding for a couple of startups that make buildings more energy efficient, and a clean tech acquisition. Serious Materials -- which makes windows, commercial glass and drywall -- raised $60 million in a Series C round led by Mesirow Financial Capital and including seven other venture firms, bringing total funding to $120 million. One of the funders, Foundation Capital, incorporated some of Serious Materials' products last year into its new Menlo Park headquarters, an older building that it renovated so it could show clean tech startups it was serious about being green.
22 September 2009•2 mins read
